Nubit has secured a remarkable $12M investment, led by @Polychain, to enhance blockchain scalability and multi-chain ecosystems. After a dedicated year of overcoming challenges, Nubit has launched its Alpha Incentivized Testnet campaign, divided into three phases, each offering unique rewards. Join now to earn lucrative $NUB token rewards! 💰 🤑
Prepare to experience cutting-edge innovations in blockchain networks with Nubit, featuring a highly secure and scalable data availability layer backed by Bitcoin. 😃💡
The Alpha Testnet includes features such as Validity Proof and DA Sampling, along with the implementation of a KZG-based Namespaced Merkle Tree. Additionally, developers have access to robust tools for deploying their own Layer 2 solutions using Nubit as the foundation. 🚀
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About Nubit
Nubit is a scalable and cost-effective data availability layer designed specifically for Bitcoin, meeting the increasing demand for Bitcoin transactions. By efficiently managing data on the Bitcoin blockchain, Nubit helps lower costs and optimize the entire Bitcoin ecosystem.
The architecture of Nubit consists of four key components: Validators who propose blocks and verify transactions, Full Storage Nodes that securely store data, and Light Clients who confirm data availability through DAS requests within the Data Availability Layer.
Nubit's consensus mechanism leverages Bitcoin's security features through Bitcoin staking and anchoring methods, utilizing NubitBFT - a CometBFT-based consensus mechanism powered by SNARK for signature aggregation. For more information, check out CoinTelegraph's press release.
Step-by-step guide
Log in to the Nubit Alpha Testnet platform, and connect your Keplr wallet. it will automatically add Nubit Alpha Testnet to your wallet & create a Nubit address. Once your wallet is connected, click on any task to unlock the Galxe tasks of the Phase 1: Community Assemble, and claim your points: – Follow @Nubit_org on Twitter. – Join @Nubit_official on Telegram. – Have the member role in the Nubit Discord Server. Return to the Testnet page and refresh the page to update your points status. Bingo!
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
Project links
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