Opside Launches Incentivized Pre-Alpha Testnet Offering Rewarding Experience for All
Opside, a decentralized ZK-RaaS (ZK-Rollup as a Service) network, has recently launched its Incentivized Pre-alpha Testnet, which will run for approximately three months. With this testnet launch, Opside encourages widespread participation from various stakeholders, including PoS validators, PoW miners, developers, and end users.
In a partnership with Galxe, Opside users have the freedom to participate in a diverse array of activities and receive rewards in return. Opside plans to engage with industry partners to organize ancillary events, acknowledging the ongoing support it has received from the community.
During the testnet phase, all end users have the opportunity to explore and experience different functionalities, such as cross-chain transactions, transfers, and interactions with decentralized applications (dApps). By completing specific tasks, users can earn loyalty points.
Opside also invites both validators and miners to participate and earn loyalty points in return. In the initial stage of the pre-alpha testnet, Opside is implementing CPU Mining for PoW miners, with plans to incorporate GPU Mining in subsequent stages. Validators, on the other hand, are rewarded fairly and reliably through Opside's tokenomics for processing transactions and maintaining the security of the network.
To facilitate the distribution of testnet tokens, Opside has set up a Discord-based faucet that enables various ecosystem participants to access these tokens. However, it's important to note that these Testnet IDE tokens are not redeemable for real money and should only be used during the test phase.
Opside's underlying technology is built on the concept of a decentralized ZK-Rollup-as-a-Service network. Through the development of a sophisticated three-layer blockchain architecture, Opside combines the strengths of both Proof-of-Stake (PoS) and Proof-of-Work (PoW) consensus mechanisms.
Opside establishes a unified system contract, simplifying the developer experience. Developers only need to implement standardized interfaces and register rollup slots as native rollups. This approach allows developers to focus more on implementing business logic, without having to worry about the interaction between layer 2 and layer 3 or maintaining a full node or ZKP computing power of rollup.
Opside's recent successful seed round fundraising has secured $4 million in investment. The funding round was led by Web3.com Venture Capital, a prominent investor in the crypto industry.
