As the digital landscape continues to evolve, the pursuit of decentralization is booming. OverProtocol, a groundbreaking blockchain network, invites you to embark on a journey of discovery and participate in the second season of OverProtocol Testnet (OBT). The testnet is scheduled to start at 05:00 AM UTC on March 13, 2024, and will bring you an immersive decentralized ecological experience. Here's what you need to know and what you need to do:
Update your tools: Make sure you have the latest OverWallet and OverNode. Updates to OverWallet will be available at the start of the testnet, allowing you to seamlessly navigate the OverProtocol ecosystem.
Community Tasks: Participate in community tasks and contribute to the growth and development of OverProtocol. Your participation will shape the future of this decentralized network.
Staking: Take advantage of your chance to stake via OverWallet on your mobile device or OverNode on your PC. Choose your preferred method, or explore both to enhance your participation in the testnet.
Testnet dynamics
In OBT Season 2, participants will benefit from a variety of incentives and opportunities:
Daily Allowance: Active users of OverWallet will receive a small portion of the allowance (test tokens) every 24 hours. These tokens can be used for Palm staking or Home staking, enhancing your participation in testnet events.
Reward perks: Based on specific criteria for accumulated points, users will receive additional reward perks to facilitate immediate participation in Home staking. Details about the points criteria will be disclosed at the start of the testnet.
Extended Duration: Season 2 of OBT is expected to last just over a month, providing an extensive testing period. Even if you are not eligible for the reward stipend, please continue to accumulate daily stipends and actively participate in staking activities throughout the testnet duration.
Important reminder
Please guard your OverWallet recovery key and OverNode validator recovery phrase carefully. Losing these critical elements can have irreversible consequences as recovery assistance is not available.
Please mark your calendars for the duration of the testnet, including updated availability of OverWallet and OverNode, and the start of the Palm Staking and Home Staking events.
Understand OverProtocol
OverProtocol embodies the vision of a decentralized internet, empowering individuals to become validators within its blockchain network.
Key components of OverProtocol include:
1. Decentralized ecosystem: OverProtocol is committed to cultivating a truly decentralized ecosystem so that anyone can serve as a validator and participate in the governance of the network.
2. Ethanos technology: Using the innovative node optimization technology Ethanos, OverProtocol enables the operation of running full nodes from a home desktop. This approach gives everyone around the world equal access to blockchain infrastructure.
3. Empower users: Through OverWallet and OverNode, OverProtocol provides users with convenient tools to interact with blockchain technology. OverWallet acts as a mobile gateway to OverProtocol, while OverNode provides a user-friendly solution for running nodes on a PC.
As a lightweight node Layer 1 project, Over Protocol is committed to building a decentralized storage and communication network. Its founding team is Superblock, dedicated to building products, tools, and decentralized applications to prosper Over Protocol.
In July 2023, Superblock raised $8 million in two rounds of funding from well-known Korean companies and venture capital firms. Investors include SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp and NaverZ.
Over wallet, as the entrance to OverProtocol, now has more than 8 million registered users, and the daily active users are as high as one million.
Ben (Jae-Yun) Kim is a leader in the blockchain space and currently serves as the founder and CEO of Over Protocol. With a background in electrical and computer engineering from Seoul National University, Ben expects to receive his PhD from the same institution in August 2024. He is best known as the founder of Decipher, one of the most prominent blockchain student associations in South Korea, widely praised for its innovation and impact. Ben's expertise has made him a sought-after speaker at prestigious events such as ETH Denver, EDCON, and ETHCON, where he shares insights and advances in blockchain technology.
As OBT Season 2 is about to kick off, OverProtocol invites you to join the decentralized revolution. Embrace the opportunities presented by Palm Staking and Home Staking, contribute to community missions, and explore the possibilities of a decentralized future. Together, let’s shape the landscape of tomorrow’s Internet, piece by piece. The Chinese Telegram community (OverProtocol_CN) welcomes you to join.
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