Cysic Launches Its Testnet And Unveils Verifier Season Campaign, Granting Community With Validator Node Whitelists
In Brief
Cysic launches its testnet and unveils Verifier Season Campaign, offering participants first 1,000 spots on the Verifier Node Whitelist.
Zero-knowledge proof (ZKP) generation layer, Cysic announced its plans to launch an incentivized testnet.
The testnet will be implemented in multiple stages. During each stage, validator and prover nodes will be introduced in batches to provide the necessary computing power for ZKP generation and verification. In each phase, Cysic will offer a limited number of free nodes as community incentives. The initial phase will include 1,000 validator nodes, which will be available through a whitelist mechanism. These validator nodes will be allocated to core community contributors, active participants, and partners.
Furthermore, starting today, Cysic is launching its Verifier Season Campaign, offering the first 1,000 spots on the Verifier Node Whitelist to dedicated community members, key contributors, and event participants.
By securing a spot on the Verifier Node Whitelist, users will have the opportunity to contribute computing power to enhance ZKPs and earn rewards once the Cysic Testnet launches. This incentivized testnet phase is restricted to verifiers to ensure network stability and encourage wider community participation.
In order to secure a spot on the Verifier Node Whitelist, users are encouraged to participate in upcoming community events on the messaging platform Discord. Additionally, they can complete tasks on Galxe within the Cysor Pioneer Drop quest collection, and stay active. Whitelist spots will be awarded to community members who have demonstrated past engagement and contributions.
Cysic Raises $12M To Accelerate ZKPs Development
It is a protocol that provides comprehensive zero-knowledge proving and verification services. It supports an ecosystem where participants can earn rewards through contributions of computing power, staking, and involvement in governance.
Recently, Cysic raised $12 million in a pre-Series A funding round led by HashKey Capital and OKX Ventures, among other investors. The funds will be used to accelerate the development of ZKPs, aiming for faster, more cost-effective, user-friendly, and decentralized solutions.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
