News Report Technology
July 03, 2024

Kakarot Launches Public Testnet, Introducing Community Points System

In Brief

Kakarot launched its public testnet, enabling users to obtain testnet tokens through faucets and access the network without whitelists.

Kakarot Launches Public Testnet, Introducing Community Points System

ZkEVM network built on Starknet and Cairo, Kakarot, announced the launch of its public testnet. Users can now obtain testnet tokens through faucets and access the network without needing to be whitelisted.

A zkEVM, or zero-knowledge Ethereum Virtual Machine (EVM), operates similarly to a standard EVM but with the added capability of transactions being provable and verifiable through zero-knowledge proofs.

Joining the Kakarot testnet allows developers to deploy smart contracts and focus on creating decentralized applications (dApps) that utilize Kakarot’s features, including EIP-7212 and ERC-4337 infrastructure, with EIP-7702 set to be available soon, among others. Meanwhile, users have the option to explore various dApps such as iZUMi Finance, Hisoka Finance, Goku Hub, and Swaplace.

After launching the testnet, Kakarot intends to enhance its product based on user feedback and establish an ecosystem page showcasing dApps on Kakarot. It also aims to introduce a Testnet Community Point System, allowing users to earn tokens across different dApps through community-driven interactions. Additionally, Kakarot plans to deploy on Starknet Sepolia by the end of summer, becoming the first dualVM zero-knowledge rollup supporting both EVM and CairoVM. 

What Is Kakarot?

Its short-term goal is to ensure StarknetOS blockchains are compatible with EVM, while aiming to become the modular backbone for an EVM validium rollup-as-a-service (RaaS) stack in the medium term. Leveraging Starkware’s STWO technology in the long term, Kakarot aims to establish itself as a leading zkEVM type 1 client, capable of validating all Ethereum blocks and transactions.

The project is backed by venture capital firms, encompassing Stake Capital Group, LongHash Ventures, Eterna Capital, Fenbushi Capital, OKX Ventures, and Foresight Ventures, among other supporters.

Recently, Kakarot completed its latest upgrade, version v0.6.20, and deployed it on the Kakarot Sepolia network.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, 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.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, 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.

Hot Stories
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
IDO Launchpad CoinTerminal Adds $15,000 Lottery Incentive to All Refundable Sales
News Report Technology
IDO Launchpad CoinTerminal Adds $15,000 Lottery Incentive to All Refundable Sales
July 3, 2025
What To Expect From The AI Industry In The Second Half Of 2025
News Report Technology
What To Expect From The AI Industry In The Second Half Of 2025
July 3, 2025
Binance Research: Early Crypto Treasury Strategies Show Mixed Results, Stablecoins Surpass $250B And DEXs Gain Market Share In June
Opinion Markets Technology
Binance Research: Early Crypto Treasury Strategies Show Mixed Results, Stablecoins Surpass $250B And DEXs Gain Market Share In June
July 3, 2025
Chainwire Expands To 25 Regional PR Packages, Delivering Localized Crypto PR At Global Scale
News Report
Chainwire Expands To 25 Regional PR Packages, Delivering Localized Crypto PR At Global Scale
July 3, 2025