Source: NuLink

Focus on data encryption and privacy ZK project NuLink launched the Horus 2.0 second phase testnet incentive activity on CoinList platform on February 8th, which allocated 0.5% of the total supply of tokens to testnet users.

NuLink was successfully selected for the fourth season incubation program of Binance Labs in 2022. It has been committed to providing data encryption and security solutions. The main purpose of this event is to promote community participation, test the stability and functionality of the network, and further improve NuLink's data privacy solutions.

NuLink Horus 2.0 Background

In the rapidly developing world of Web3, developers often struggle with the complexity of building decentralized, secure, and private networks. NuLink has emerged as a solution to these challenges, advocating for a new standard of decentralized Web3 infrastructure. NuLink Testnet Horus 2.0 invites communities and developers from around the world to participate, whether as node operators, participants in secure data processing, or providers of feedback. Our test network is not just about technology; it's about building a decentralized, privacy-focused community. In short, the first phase was a huge success, generating widespread enthusiasm in our community. It witnessed the establishment of over 6,000 staking nodes, and the participation of over 20,000 people in all incentive programs. Given this overwhelming response, we are pleased to announce enhanced testnet activity rewards in Horus 2.0 Phase 2, expanding its coverage and more generously rewarding outstanding contributors, with a total prize pool of 5,000,000 $NLK, accounting for 0.5% of the total issuance.

NuLink's incentive testnet aims to achieve what?

The key goal of NuLink Horus 2.0:

1. Powerful network security and privacy protection: We will rigorously test our network and maintain excellent security and privacy standards.

2. Promoting open source innovation: NuLink hopes to create a collaborative ecosystem for open source development, uniting developers and users in our mission.

3. Building a community-driven network: The testnet is not just about technology - it is a step towards a more secure and decentralized future, driven by our community.

In the second phase, the Horus 2.0 testnet aims to verify the basic components required for the NuLink network. Core functions, including the NuLink Staking Dashboard, Working node, NuLink Agent, and Demo DApp, will undergo rigorous testing. The goal is to ensure stability, security, and seamless integration, laying a solid foundation for subsequent phases.

Testing key module sorting:

1. NuLink Staking Dashboard: Test and optimize the staking and reward distribution mechanism.

2. Working node: Integration and performance of the verification working node in the NuLink network.

3. NuLink Agent: Evaluate the functionality and security of NuLink agents in facilitating communication between DApps and networks.

4. FileTransfer DApp: Demonstrates the integration of NuLink SDK in an application, providing insights into its usability and effectiveness.

About Rewards

The NuLink network has allocated a total of 0.5% of tokens specifically for the Horus 2.0 test network activity. The activity is divided into two categories: the NuLink staking node competition and the NuLink task competition. The specific incentive allocation is as follows:

The total reward of 0.5% (5,000,000 $NLK) of tokens based on the issuance will be distributed to 11,000 participating users according to the rules and rankings. Among them, 0.1% (1,000,000 $NLK) will be used to reward experienced node providers, while the remaining 0.4% (4,000,000 $NLK) will be used to reward non-technical participants. The detailed rules are shown below. All rewards will be unlocked within 12 months after TGE.

NuLink Staking Node Competition: Reward pool of 1,000,000 $NLK (the top 1000 nodes will receive rewards).

The applicant needs to fill out an application form to register. 1000 staking nodes will be selected based on the rewards accumulated by each participant. There are ten reward levels, and your ranking, determined by your cumulative rewards, will determine your reward level. Essentially, the higher your cumulative rewards, the higher your ranking, leading to higher reward levels and more generous rewards.

NuLink Competition: Reward pool of 4,000,000 NLK (the top 10,000 participants will receive rewards).

Participate in various activities, including file sharing DApp testing, NuLink proxy testing, and completing various social media tasks. By actively participating, you have the opportunity to become one of the top 10,000 participants. Check your points and ranking on the leaderboard, and have the chance to earn rewards from the massive 4,000,000 NLK reward pool! Get ready to embrace exciting challenges and rewarding experiences.

For details of the event, please visit the official announcement on Coinlist: https://coinlist.co/nulink-testnet.

About NuLink

NuLink is a ZK-provable data privacy solution designed specifically for DApps, aimed at helping developers easily implement best practices and leading data security and privacy protection. In the field of decentralized data solutions, NuLink stands out as a pioneer, offering an advanced combination of encryption integration, decentralized multi-layer architecture, and unique usability and flexibility.

1. Comprehensive encryption suite, including zero-knowledge proof (ZKP), proxy re-encryption (PRE), fully homomorphic encryption (PHE), and attribute-based encryption, providing unparalleled privacy and security for data sharing and computation.

2. Decentralized multi-layer architecture, including application programs, cryptography, storage, blockchain, and monitoring networks, provides unparalleled security and decentralization.

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