LayerEdge is the first and foremost decentralized network that is designed to improve the abilities of Bitcoin Blockspace with ZK and BitVM, facilitating each layer to be secured on Bitcoin. The main aim of LayerEdge is to revolutionize the Bitcoin ecosystem by facilitating expansive new use cases via added programmability and scalability, preserving the fundamental guarantees of security and decentralization. LayerEdge has introduced their live bitcoin-backed, zkp-powered testnet. Individuals can participate by integrating their wallets and starting the node from the dashboard. The LayerEdge airdrop event is organized into different phases, beginning with Phase 1 from January 22 to January 28, 2025, followed by Phase 2 starting on January 28, 2025.
In this article, we will explore all the details you need to know about the LayerEdge airdrop, including its launch date, participation processes, and some tips to maximize your rewards.
What is LayerEdge?
LayerEdge aims to power up the abilities of Bitcoin Blockspace by adding programmability and scalability features while preserving the fundamental security protocols of Bitcoin. The initiative introduces BitVM, which facilitates trust-minimized verification and proof aggregation with zero-knowledge proofs like ZKPs.
The Bitcoin ecosystem is growing, especially following advancements like the Taproot update, and the potential for Bitcoin Finance (BTCfi) and many other innovative applications becoming highly evident. Understanding this potential needs to overcome inherent limitations related to scalability, programmability, and transaction costs.
LayerEdge overcomes this challenge by implementing an innovative layer that extends the abilities of Bitcoin. The platform utilized Optimistic Rollups and a Hybrid Modular Data Availability (DA) layer to improve the functionality and efficiency of Bitcoin transactions. LayerEdge offers developers and users a powerful framework for developing and handling decentralized applications (dApps) by integrating the Ethereum Virtual Machine (EVM).
What is Bitcoin not just a store of value but a decentralized supercomputer that can validate a wide range of computations without ever executing them directly. LayerEdge facilitates this by enabling verifiable, off-chain execution powered by the Proof-of-Security (PoW) security of Bitcoin. Instead of pressuring Bitcoin to carry out each transaction, LayerEdge makes it possible to aggregate and verify proofs at a fraction of the cost.
With LayerEdge the computational security of Bitcoin can now support emerging technologies like artificial intelligence, transforming it from a passive financial asset to a major element of a verifiable trust for the decentralized internet.
LayerEdge smoothens off-chain computations by integrating Risc Zero to minimize gas fees while capitalizing on the security for proof aggregation of Bitcoin. The platform leverages GPU-accelerated settlements and Bitcoin-backed verification systems.
LayerEdge Airdrop Details
LayerEdge is currently hosting an incentivized testnet event that allows participants to earn EDGE points by operating light nodes and validating proofs. The airdrop event will begin on January 22, 2025, and ends on January 28, 2025.
Participants can earn reward points consistently while nodes are active, with one point granted for every second the node operates. There are many ways participants can earn extra points such as daily check-ins, and completing various tasks within the ecosystem.
The airdrop is structured in different phases, with the first Phase about to end, followed by Phase 2 beginning on January 28, 2025.
Step-by-Step Guide: How to Claim LayerEdge Airdrop?
You can also be a part of the LayerEdge airdrop event and earn rewards. To participate in the LayerEdge airdrop event, simply follow the below steps:
- The first step is to access the LayerEdge dashboard. To do that, navigate to the official website of the LayerEdge dashboard.
- Once you enter into the LayerEdge dashboard, the next step is to connect your wallet. Simply connect your EVM-compatible wallet, such as MetaMask or Rabby by clicking the ‘Connect Wallet’ button.
- Now you have to complete the verification process. Follow the further instructions to complete your verification.
- After completing verification, you can start running your node. To do that, click on the ‘Start Node’ button and it will initiate a light node and you can start earning Node points.
- Always keep the browser tab open, as it will help you continue accumulating points.
- You can earn EDGE points by inviting your friends, and family members to the platform. Also, complete certain tasks available on the platform to earn more points.
Tips to Maximize Your Rewards
Below are some of the key tips to increase your rewards:
- Keep your node operational by just leaving your browser tab open.
- Always remember to do daily check-ins. It will help you receive bonus points.
- Try to use a separate browser tab to avoid accidental closure.
- Monitor your points’ progress using your dashboard.
- Join LayerEdge’s official Telegram channel to get news and extra earning opportunities.
Conclusion
The LayerEdge airdrop represents a significant opportunity for participants to engage with a groundbreaking technology that aims to enhance Bitcoin’s functionality and scalability. By leveraging Zero-Knowledge proofs and the BitVM paradigm, LayerEdge is poised to transform Bitcoin into a powerful platform for off-chain computations, while maintaining the security and integrity that users expect from the leaf cryptocurrency. As the incentivized Testnet unfolds, participants can earn valuable Node points by actively contributing to the network. This not only positions them for potential airdrop rewards but also allows them to play a crucial role in shaping the future of Bi