Yesterday I saw the financing information of @hemi_xyz and found that this project is worth studying. The most interesting part is the concept of Ethereum Layer 2 combined with Bitcoin security. Specifically, HEMI is led by Binance and has raised a total of 15M. The founder is a core developer of Bitcoin, and the project itself is Ethereum Layer 2, with the goal of realizing the Ethereum smart contract function protected by the Bitcoin network.
Here everyone will have a question, is the second layer that inherits the security of Bitcoin completed in a roundabout way? After carefully reading the document, I personally understand that the protection of the Bitcoin network is more of an additional protection, a perfection and supplement to the decentralization of the Ethereum POS mechanism, and many of the technical details are not yet public, and more are just expressions of the final state. For example, what is the complex proof algorithm in Proof-of-Proof mining (embedding state proof into the Bitcoin blockchain to protect the network)? This is the current exploration of Merlin using ZK, and no particularly good solution has been seen.
The good news is that this chain also supports BRC20 and other protocols to transfer assets to the chain through tunnels. It is quite ironic that among all Bitcoin layer2, only Merlin supports it, but HEMI, as the second layer of Ethereum, actively supports it. Projects that hope to participate in the Bitcoin ecosystem can improve liquidity around the existing layer assets. If that doesn’t work, at least make a test field instead of just staking and finance.
🌟🌟How to participate
1️⃣ Hemi Pilot Program (recommended)
Currently, mining is quite competitive and no tokens are issued. Except for some people who are gambling and are rewarded according to gas, many people have stopped. It is recommended to give priority to completing the tasks of the Pilot Program, including daily and one-time tasks, to obtain points, which can be exchanged for token rewards in the future.
1. Open https://points.absinthe.network/hemi and click join now
2. Link your wallet, enter the invitation code (c373bbd0), then link your Twitter account and click "Jumpstart the Pilot Program" at the bottom of the page (Twitter has many permissions, so it is recommended that the project owner change them)
3. Continue to complete the tasks on the dashboard page, including daily and one-time tasks. You mainly need the test coins of the Eth Sepolia test network. If you don’t have them, you can mine them here (https://sepolia-faucet.pk910.de/)
4. Open the social interface at the top of the page, and then complete the dc link at the bottom of the page (Twitter is already linked)
You can just go there every day to complete the daily tasks. In addition, there are professional anti-witches here, so please pay attention.
2️⃣ Participate in mining (with hardware and technology)
Currently, mining cannot produce coins. Those who want to gamble can continue to mine, otherwise it will be suspended. There are two types of mining, one is web-based light mining, and the other is CLI.
1. Web tutorial
Open https://pop-miner.hemi.xyz/, click "Open web PoP miner", then copy the generated new private key, check saved, and click "continue" to enter the mining interface.
Enter the dc fauct channel (https://discord.com/channels/1202677849887080508/1230886659222929418), receive the test coins and send them to the public key address for mining to start mining
2. CLI Tutorial
You can directly watch the official tutorial: https://docs.hemi.xyz/how-to-tutorials/tutorials/setup-part-1
Mining status panel: https://testnet.popstats.hemi.network/
The above is a personal note, for sharing only, and does not constitute investment advice. If there are any errors, please correct them. #BTC☀ #ETH🔥🔥🔥🔥 #Layer2 #挖矿 #空投大毛
