“The current $ARB airdrop is bringing joy to many individuals and why not? It’s a $1000+ airdrop 💸. It’s essential not to miss out on another airdrop that could occur in the next 2–3 months.”
• What is Taiko ?
Taiko is a decentralized Ethereum-equivalent ZK-Rollup.
It enables easy deployment of dApps on its network while maintaining security levels similar to Ethereum and offering lower transaction fees than on the L1 chain.
Taiko is a community-driven that operates in a decentralized and permissionless manner. It relies solely on Ethereum public data and allows anyone to run a node, and any proposer or prover can participate.
As a Type 1 ZK-EVM, Taiko is built on the Privacy & Scaling Explorations team’s work at the Ethereum Foundation, specifically on ZK-EVM circuits.
Here is first a bit of background on how Taiko works:
https://twitter.com/finestonematt/status/1588599280000192513?s=61&t=MHJsk0F_VIkBQ-eAXPPKCw
@vitalikbuterin Quote on this :
https://twitter.com/vitalikbuterin/status/1588708049359089664?s=61&t=MHJsk0F_VIkBQ-eAXPPKCw
Team And funding
Taiko is co-founded by Daniel Wang, who is the founder and former CEO of Loopring.
And there is no information about funding but team said they are “well funded”
• Testnet
In February Taiko give a POAP as a reward to Alpha-1 testnet users
and now Taiko Alpha-2 is live, user again able to do certain task +++ anyone can run Taiko node
• Reward
On the alpha-2 testnet, the Taiko protocol will allocate and distribute proof rewards in $TTKO tokens to the prover. At the end of the testnet reward period, these $TTKO tokens can be redeemed for USDC.
The reward budget for provers is set at up to 50,000 USDC,
⎘ “We already did this type of task in Aleo and ironfish incentivised testnet now time for Taiko…..”
• What to do now ?
Configure your wallet:
⏤ Go to : https://chainid.network
⏤ Add “Sepolia” and Taiko (Askja testnet) to wallet
⎘ “Connect your wallet search above network click “Add chain”.”
• Receive testnet tokens from the faucet
⏤ Request sepETH faucet ‘Alchemy’ : https://sepoliafaucet.com
⎘”other faucets provider in sepolia are pk910, RockX,Quecknode etc. just search sepolia faucet on google for more”
⏤ Connect your wallet to https://bridge.a2.taiko.xyz/
⏤ now select $HORSE from the dropdown, and click “Faucet”.
⏤ and do same for $BULL token
⏤ Bridge $ETH sepolia to Taiko A2
⏤ And also bridge $BULL and $HORSE
⏤ Connect your wallet to https://swap.a2.taiko.xyz/#/swap
⏤ swap $bull to $horse and vice verse….
⏤ Add liquidity to pool
⏤Providing feedback or share any bugs you come across on this form https://docs.google.com/forms/d/e/1FAIpQLSdD9J8_dl2spOg7kHPAyzRSrfityz80WKtZ0APCNjq-dO8PTg/viewform
⎘ “Above task is not incentivised, if you want to join a incentivised testnet you have to run a node”
• Run a Taiko node in Phase-2
Before you dive into this check minimum system requirements:
⎘ “I’m using digitalOcean vps for free (need credit card or PayPal) or you can use vultr (it’s also give you free credit but only credit card is accepted)”
⏤ Create another Droplet (DigitalOcean)
⏤ Choose Region and Ubuntu as image
⏤ Create root password
⏤ Inter Hostname then “create droplet
⏤ open console “Access Console”
⏤ Click “Launch Droplet console” to access it
⎘ “After successfully assess console, past code one by one, for all different VPS users… ”
⏤ update if required sudo apt update
⏤ install and setup Docker:
curl -fsSL https://get.docker.com -o get-docker.sh
sudo sh get-docker.sh
⏤ install docker Compose :
sudo curl -L “https://github.com/docker/compose/releases/download/1.29.2/docker-compose-$(uname -s)-$(uname -m)” -o /usr/local/bin/docker-compose
⏤ Clone Taiko file git clone https://github.com/taikoxyz/simple-taiko-node.git
⏤ Create new Screen screen -S taiko
⏤ change directory cd simple-taiko-node
⏤ Configure your node:
cp .env.sample .env
vim .env
⎘ “if your screen like that ?”
⎘ “Now we need Sepolia L1 endpoint and Websockets, for that…”
⏤ Create Account on Alchemy : http://alchemy.com/?r=3292de2320f
⏤ Go to Dashboard Click on “Apps” dropdown and then “Create app”
⏤ Select Ethereum and sepolia Testnet and “create app”
⏤ Open app and click on “View Kays”
⏤ Copy your HTTPS and WEBSOCKETS and save it in notepad
⏤ Again open console
⎘ “if you are not in Configure process open your screen screen -r taiko “
⏤ inter your HTTPS and Websocket that I did in image (For do this hit “i” in kayboard to insert)
past your HTTPS after L1_ENDPOINT_HTTP=and WEBSOCKET after L1_ENDPOINT_WS=
⏤ Enable Prover Replace false to true in ENABLE_PROVER=
⏤ And finally inter PROVER_PRIVATE_KEY (your meta#mast private kay) for that create now wallet 👇
Create new burner wallet
⏤ Open wallet click “create account”
⏤ name it and click on “create”
⏤ Click on three dot then “account details”
⏤ Export private key and copy it
⏤ Open Console again and past your private key after : L1_PROVER_PRIVATE_KEY=
🗒 Note : your private keys will be different for every account but seed phrase will be same in meta#mask wallet
⏤ hit “esc” escape to exit insert mode
⏤ Inter :wq! To save and quite this
⏤ start node docker compose up -d
⎘ “After this process, it will install and start synchronizing.”
You can view your node logs by docker compose logs -f
and view the prover image’s logs
docker compose logs -f taiko_client_prover_relayer
• Official Guide :
https://taiko.xyz/docs/guides/run-a-node
Testnet announcement :
https://mirror.xyz/labs.taiko.eth/A6G6TNN-CXDAhl42k_bNHg_20fyGcT0xH-LBBSOPNzU
You can also Deploy a contract on Taiko :
and build Dapp : taiko.xyz/docs/guides/bu…
🗒 deploy contract and build Dapp is not necessary you can skip this….
hope you like it 💗 👏 collect it free
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