Taiko Launches Alpha-3 Test Network and Abandons Alpha-2 Test Network

On April 17th, Taiko, an Ethereum two-layer network based on zkRollup, announced that it will abandon the alpha-2 test network within 10 hours and launch the alpha-3 test network, which will implement many repairs, improvements, and new components. The Alpha-2 testing network introduced unlicensed certificates, with 194 independent validators participating in the verification, and over 144000 wallet addresses generating over 1.5 million transactions. The activity of rewarding validators to calculate expenses will be announced in the future, and the NFT badge that should have been released on the alpha-2 testing network to commemorate participation in certain activities of the alpha-1 testing network will be postponed to a non transient network, possibly the Taiko main network.

Taiko will abandon the alpha-2 testing network within 10 hours and launch the alpha-3 testing network

Blockchain technology has taken the world by storm, and Ethereum is one of the prominent blockchain networks that have caught the attention of people globally. On April 17th, Taiko, an Ethereum two-layer network based on zkRollup, announced that it will abandon the alpha-2 test network within 10 hours and launch the alpha-3 test network, which will implement many repairs, improvements, and new components. This article will delve into the latest developments in the Taiko network, giving insight into the alpha-2 test network’s abandonment and the launch of the alpha-3 test network.

Outline

I. Introduction
A. Definition of blockchain technology
B. Ethereum and Taiko Network
II. Taiko Launched Alpha-3 Test Network
A. Introduction of the alpha-3 test network
B. Fixes, improvements, and new components
C. Validators
D. Rewarding validators
III. Abandonment of Alpha-2 Testing Network
A. Unlicensed certificates
B. Independent validators
C. Number of transactions
D. Postponement of NFT badge release
IV. Conclusion
A. Recap of the article
B. Importance of blockchain technology
C. Potential future developments

Taiko Launches Alpha-3 Test Network

Taiko, an Ethereum two-layer network based on zkRollup, launches its alpha-3 test network, introducing exciting new features and improvements. The network aims to resolve several issues that were identified during alpha-2 testing. The alpha-3 test network will allow validators to test the network, and any bugs or issues identified will be resolved.
One of the fixes implemented in the alpha-3 test network is the introduction of the Fraunhofer algorithm. This algorithm improves the transaction verification process by speeding it up and reducing costs. Additionally, Taiko introduced other fixes, including the resolution of issues related to network reorganizations and account withdrawals.
Validators new to Taiko can participate in the alpha-3 test network by registering via the network’s official website. All participants will receive rewards based on their contributions to the network. The rewarding process for validators is planned to be announced in the future.

Abandonment of Alpha-2 Testing Network

The alpha-2 testing network introduced unlicensed certificates, with 194 independent validators participating in the verification process. Over 144,000 wallet addresses generated over 1.5 million transactions in the network. However, Taiko network recently announced that it will abandon the alpha-2 test network within ten hours and launch the alpha-3 test network.
Furthermore, in the alpha-2 testing network, the activity of rewarding validators to calculate expenses will also be announced in the future. The NFT badge that should have been released on the alpha-2 testing network to commemorate participation in certain activities of the alpha-1 testing network has been postponed to a non-transient network, possibly the Taiko main network.

Conclusion

In conclusion, blockchain technology continues its relentless evolution, and with Taiko’s launch of the alpha-3 test network, Ethereum network is undergoing unique developments. Confirming their commitment to quality service, Taiko has introduced fixes, improvements, and new components to ensure that the network performs securely, quickly and ensure overall customer satisfaction. It will be interesting to monitor the progress of the alpha-3 test network as it continues testing and resolving any bugs.

FAQs

1. What is Taiko?
Taiko is an Ethereum two-layer network based on zkRollup technology that focuses on enhancing scalability and privacy.
2. How do validators benefit from joining the alpha-3 test network?
Validators receive rewards based on their contributions to the network. The calculation and rewarding process for validators to calculate expenses will be announced in the future.
3. What is the NFT badge?
The NFT badge was intended to commemorate participation in specific activities of alpha-1’s testing network. However, the release of the badges has been postponed for the non-transient network, possibly the Taiko main network.