After Fractal, there has been no major bull run in the BTC ecosystem for a long time. Not only is there no major bull run, but the community almost overturned Solv, which is really speechless. But no worries, this doesn't prevent us from digging out quality projects.
Today I discovered a test net project called Fiamma by Babylon, let's see how to farm it.
This article is divided into the following parts:
- Fiamma project analysis
- Fiamma background
- Fiamma testnet tutorial
- Fiamma galxe activity
I. Fiamma Project Analysis
Fiamma is the first project to implement the BitVM concept, and is also the technical core team that Babylon and BOB are currently heavily investing in. Although Fiamma is currently still in the testnet stage, the prospects are promising.
I am a blogger who teaches people to fish, and I don't just provide a simple tutorial and leave it at that, because that way my followers in the circle can only be tool people, and their growth will be very slow.
So before introducing Fiamma, let's first introduce BitVM.
(I) What is BitVM
In December 2023, ZeroSync CEO Robin Linus published a white paper titled "BitVM: Compute Anything On Bitcoin", which opened the feasibility of programmable Bitcoin.
According to the white paper, similar to the Ethereum network, BitVM is built as a solution that allows complex computations and deployment of smart contracts on the Bitcoin network. BitVM can realize the ability of off-chain execution of complex calculations and on-chain verification of results, which can not only meet the transaction demand of the Bitcoin ecosystem, but also create more complex DApps on the BTC layer, while retaining the security and decentralization characteristics of Bitcoin.
Currently, there are many teams dedicated to BitVM research and development, including:
- ZeroSync, founded by BitVM founder Robin
- BTC L2 projects focused on BitVM: Citrea, BOB and Alpen Labs
- Fiamma, which is doing the BitVM Bitcoin bridge and the BitVM-driven ZKP verification layer
In terms of development progress, Fiamma is currently the one that has been able to implement the BitVM solution.
Fiamma is a core contributor to BitVM and a founding member of the BitVM Alliance:
(II) A Brief Introduction to Fiamma
Fiamma has two basic infrastructures: Fiamma Bridge (a practical, trustless BitVM Bitcoin bridge) and Fiamma Layer (a ZKP (zero-knowledge proof) verification layer driven by BitVM). Fiamma Bridge can bring Bitcoin securely and with minimal trust to all ecosystems, not just BTC L2. It is the only project that has implemented BitVM technology so far.
As a technical enthusiast, developers can freely innovate on Bitcoin beyond EVM or SVM through Fiamma, shaping a new Bitcoin ecosystem.
The current testnet is mainly experiencing the Fiamma Bridge, which is a revolutionary tool for BTC asset cross-chain, and the mapped mamaBTC always maintains a 1:1 ratio with the BTC on the main chain.
Many people may think that the mapped BTC is just the wrapped BTC as before? Since 2020, WBTC, BTCB, renBTC have already been able to play DeFi in DeFi applications based on Ethereum, so isn't it redundant to do another one?
Don't forget that WBTC, BTCB, renBTC are all centralized, and the possibility of centralized malicious acts cannot be ruled out, as shown in the following figure:
What if they really touched WBTC? So centralized things ultimately face very big challenges.
Through Fiamma Bridge, users can cross BTC assets to any chain, such as Eth, Base, ARB and other EVM and Solana, and the BTC assets generated through Fiamma Bridge are always 1:1 corresponding to the BTC main chain assets.
Here are some excerpts from the official to strengthen the description of Fiamma Bridge:
- No need to fully trust a third party: Introduce a minimally trusted security model, as long as there is at least one honest challenger (challenger) and operator (operator) acting, the deposit and withdrawal of Bitcoin can remain secure;
- Anyone can participate in the challenge: Anyone can act as a challenger to ensure the absolute security of the funds, truly realizing the de-trust;
- Efficient cross-chain interaction: Open the door to safer and higher-yielding DeFi and cross-chain applications for BTC users.
(III) Fiamma's Strength and Background
Fiamma is the technical core team that Babylon and BOB are currently heavily investing in. Babylon once said: "Cooperation with Fiamma is unprecedented, with the most investment of money and resources, we have several meetings a week and are constantly discussing design and technology in the group.".
It is reported that Babylon has invested in a total of three projects, and after investigation, the support given to Fiamma in terms of both funding and resources is the largest.
In addition to strategic investments from Babylon and BOB, Fiamma has also received $4 million in funding from Lightspeed Faction and L2IV, two well-known crypto VCs:
- Lightspeed Faction is a renowned crypto fund under the global top-tier tech VC Lightspeed;
- L2IV is a crypto VC focused on ZK and Bitcoin infrastructure projects;
On the technical side, Fiamma has developed a bridge from Bitcoin to Babylon Chain and other Cosmos ecosystem chains for Babylon Chain, which has locked up about $6 billion worth of BTC (57,000+ BTC). With such a large amount of funds, the Fiamma bridge may not be limited to providing trustless cross-chain participation in DeFi and payments, and it is estimated that there will be more positive news in the future.
III. Fiamma Testnet Tutorial
Fiamma updated new features yesterday, and the main task now is to collect points (Fluff Energy) and then unlock exclusive NFT fragments, and get the Mama Code NFT after collecting 6 fragments.
The airdrop is estimated to be similar to the recent DuckChain airdrop, with the rarer the NFT obtained in the testnet stage, the more airdrop received.
The airdrop steps are as follows:
Step 1: Enter the Fiamma official website
- Relevant link: https://test-bridge.fiammalabs.io/register?code=XVlDLk
- Connect wallet (use OKX wallet, relevant link: https://www.okx.com/zh-hans/web3?channelid=ACE514158)
- Bind Twitter
- Enter referral code: XVlDLk
Step 2: Claim testnet tokens
It is recommended to get water on the official DC, which requires your account level to reach level 1 (100xp), one minute adds one xp, 3-5xp each time, so it takes about 20 minutes to upgrade to level 1, and then you can get water in the faucet channel.
- The official website also has channels to claim Holesky ETH and SBTC, as shown below:
- The official website recommends getting SBTC on OKX, but you may not be able to get it (as shown below)
sBTC Claim (use Native Segwit and Taproot address types):
- Address 1: https://signetfaucet.com/
- Address 2: https://bitcoinfaucet.uo1.net/send.php
- Address 3: https://bitcoinsignetfaucet.com/
- Other ways to claim:
https://t.me/sBTCFaucet_bot (the amount given is very high and can meet the tasks below, but the bot is sometimes abnormal)
https://t.me/TestcoinFaucetNewBot
https://bitcoinsignetfaucet.com/
If you don't know which address to fill in on the Faucet website, please copy the address in the BTC wallet column on the Fiamma official website:
The address in the above image corresponds to the BTC Signet in the OKX wallet. After switching, you can see that the sBTC has arrived:
- Claim Holesky ETH, you can use the second link on the official website, the mining is fast. However, you need an ENS, if you don't have one, you can register at https://app.ens.domains/
For more Faucets, please refer to: https://medium.com/@jiamigou
Step 4: Complete the daily tasks
Complete two tasks every day:
- Complete 1 deposit on the Fiamma Bridge (1000 Fluff Energy per day)
- Complete 1 withdrawal on the Fiamma Bridge (3000 Fluff Energy per day)
(1) Deposit tutorial
- Click "Go deposit" on the left
- Enter the deposit page
- Enter the ETH address
- Enter the amount (the deposit amount needs to be between 0.00105 and 0.01, so the BTC you've claimed may not be enough, try to upgrade in DC)
After completion, it will be displayed as follows, and you can complete the withdrawal task after the block confirmation is successful:
(2) Withdrawal tutorial
- As shown below, click "Go deposit"
- Select the BTC address
- Enter the amount
- Confirm
After completing the deposit and withdrawal tasks, remember to click "wish" on the official website to complete the check-in, which needs to be done every day.
4. Fiamma Galxe Event
The Galxe event ends on January 31st. By completing all the tasks, you can get a commemorative badge and 1000 Fluff Energy;
- It's worth noting that Galxe asks us to fill in the BTC address, don't write it randomly (as shown below)
- Please copy the address in the BTC column on the official website after linking the wallet:
That's all for today's tutorial. The Fiamma testnet uses the Non-Fungible Token (NFT) mode, and it is estimated that the Fiamma testnet NFT will have a high value like the Babylon testnet NFT in the future.
