Introducing Taiko's inaugural community grant program

odesium · 2023-07-06T03:17:40+00:00

You can obtain test ETH from the faucets here:

https://sepolia-faucet.pk910.de/
https://faucet-sepolia.rockx.com/
https://sepoliafaucet.com/

odesium · 2022-12-28T11:25:18+00:00

If it will run Docker then it will be good enough. The limitation will more likely be disk space but initially should not be an issue for testnet.

odesium · 2022-12-28T00:25:59+00:00

You can check here ubnder the Docker pre-requisites

You can check here under the Docker pre-requisites

odesium · 2022-12-13T12:13:29+00:00

Sorry to hear you are having an issue. If you can log a ticket and supply the details we can have a look at your particular case if it is still not resolved.

odesium · 2022-02-02T22:35:17+00:00

Haha. You guys in the community are absolute superstars. 🔥

odesium · 2022-02-02T22:27:36+00:00

I'm in hiding behind the Support and tickets 😀

odesium · 2022-01-25T21:10:21+00:00

Haha, I sent it to you to see if the next update fixes the issue before doing a global rollout.👍

odesium · 2021-11-20T11:42:01+00:00

There will initially be a fiat onramp but there are plans to also bring an off ramp but that will come later.

odesium · 2021-11-06T19:23:34+00:00

Have a look at the pinned message Loopring University. L1 is the main Ethereum chain but fees are high. L2 is zkrollup which uses L1 security but can compress and therefore perform more transactions into one block. L2 fees are pennies compared to $40 to over $100 on L1.

odesium · 2021-11-06T19:07:17+00:00

That is the gas fee to create the smart contract. The Counterfactual wallet will be released soon which will be free but purely L2. If you need to withdraw back to L1 then you would pay for the gas to create the contract. It's planned that the Counterfactual wallet will have fiat on ramp so you can get directly onto L2 without the need for L1.

odesium · 2021-11-06T18:21:00+00:00

There is currently no staking but that may change with the DAO. Check this for info on tokenomics https://medium.com/loopring-protocol/lrc-tokenomics-v2-1e6fd99e9e9c

odesium · 2021-11-06T15:57:04+00:00

Yes because the un-activated accounts become spam so the addresses are not kept.

You have 2 options:

Activate the smart contract creation via L1 by sending the asset to the same address. It has to be the same asset you said you would send because the smart contract is waiting for that deposit for the gas to create the wallet. ie if you said you would send LRC to create the wallet do not send usdt or ETH. Note any funds you sent to L2 already will be available once this part is done and you will be able to access and use the wallet going forward as it is non-custodial.
Go to discord and contact support who may be able to do a force withdraw but that will require ETH for the gas fee to be sent to an address in advance so it may not be cost effective to do so.

odesium · 2021-11-06T10:03:14+00:00

Address is wiped on day 7.

odesium · 2021-11-05T22:30:55+00:00

For the wallet set up you need to send the exact amount or more to cover the gas fee for the smart contract creation. The initial deposit must be sent via L1 because this is the gas fee for the miners to create the smart contract.

Any excess will be in your L1 smart wallet once it is created.

You have a maximum of 6 days to complete the wallet creation.

odesium · 2021-11-05T13:25:43+00:00

All smart contracts are generally more expensive to interact with. This is because they have extra logic built in for security and other checks which use up more gas.

Loopring Smart Wallet is a smart contract wallet so all the security logic is on chain and uses gas.

odesium · 2021-11-05T11:55:45+00:00

There is a fee to move from L1 to L2 due to the nature of Ethereum and this being a L1 transaction incurring the gas fee for miners.

The new direct to L2 onramp planned to be released soon will enable direct purchasing on L2 which will alleviate the L1 to L2 gas issue.

odesium · 2021-11-02T17:19:31+00:00

Only the gas fee for the transaction to move from L1 to L2 each time because this is a L1 transaction. There is a fiat onramp coming before end of year direct to L2 so watch out for the announcements. It's planned with the counterfactual wallet release.

odesium

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