- Summary:
- The Dunkirk Test has attracted the attention of many firms in the crypto space and zkLink will use it to show its ability to secure DeFi.
zkLink, a zero-knowledge proof-based multi-chain trading middleware, will release the first “Dunkirk Test”, a new DeFi safety standard, from May 11 to 13. For 72 hours, zkLink will be unavailable, giving users the opportunity to test out the service’s emergency asset recovery functionality and potentially earn prizes in the process.
What is the Dunkirk Test?
When it comes to crypto, the Dunkirk Test is the equivalent of a fire drill. To help its users prepare for the possibility of an unexpected outage, zkLink will simulate a shutdown of its infrastructure. The test will be conducted at a time when massive sums of money are being stolen every year through scams involving custody or cross-chain bridges. The zkLink mainnet release is anticipated for the summer of 2023, following the successful completion of the Dunkirk test.
zkLink believes that the ‘Dunkirk Test’ will become the new standard for crypto sector safety. In order to demonstrate self-custody of user assets, the company is advocating for other DeFi protocols to do the same test. On May 11 at 12 PM Singapore Time, the Dunkirk network will be shut down, allowing users to retrieve their funds from a recovery node.
The zkLink Dunkirk Test, named after the famous WWII evacuation, aims to achieve two things. First, it aims to increase user trust in the zkLink system, and second, it is pushing for the Dunkirk Test to become the gold standard in absolute fund security.
Many partners have onboarded the Dunkirk event
Alliance DAO, Ascensive Assets, BitEye, Bware Labs, CyberConnect, Kepler-428 DAO, Meria, Morningstar Ventures, Republic Crypto, Secure3, Smrti Labs, TokenInsight, Unipass, and Verilog are some of the partners who have pledged to operate recovery nodes for customers throughout the Dunkirk downtime period.
ZKEX.com, one of the zkLink ecosystem dApps, will also be taking part in the shutdown test. You can join the campaign on Galxe.com to take part in the Dunkirk event, and then utilise free test tokens to trade on the ZKEX.com testnet until May 10 (the day before the shutdown).
The ZKEX team is hard at work developing what they believe will be the most secure omni-chain DEX available. It is described as “a fake rug pull with a happy ending,” and it’s designed to reassure crypto traders that they’ll always be in charge of their funds even if zkLink or ZKEX.com go down.