On November 1st, Lumoz announced the official launch of its PoW testnet, with some miners currently participating in testing on a small scale.

Join now: https://lumoz.org/zkprover

The launch of the PoW testnet is a significant update before the Lumoz mainnet goes live. At the technical level, the team has optimized the ZK-POW algorithm further, resulting in an approximately 50% improvement in ZKP proof efficiency. On the application side, the launch of the PoW testnet will provide a more stable, secure, and cost-effective decentralized computational power network service for over 20 Layer2 chains within the Lumoz ecosystem (such as Merlin Chain, ZKFair, Ultiverse, Matr1x, etc.).

To mark this launch, Lumoz has announced a joint PoW mining event with the well-known mining platform ZK.Work. Initially, single mining for MOZ will be available, with potential future consideration for MOZ and Aleo dual mining, aiming to provide miners with more flexible and diverse income opportunities. In the future, Lumoz and ZK.Work will engage in comprehensive cooperation in brand building, community promotion, and other aspects to enhance the mining experience for miners.

Mining method and rules:

Mining mode: Single mining, choosing to participate in Lumoz mining to earn Lumoz rewards.
Event duration: Nove. 5th~Dec. 5th
Reward rules: Rewards will be distributed based on the actual contributions of participating miners within the specified timeframe. For specific rules, please refer to the official website.
Testnet mining entrance: https://lumoz.org/zkprover

About ZK.Work

ZK.Work is a leading zero-knowledge proof (ZKP) mining platform dedicated to optimizing mining hardware and software. It focuses on advancing ZKP technology, identifying unicorn projects in the ZKP field, and providing innovative mining products and services. The platform has demonstrated exceptional performance in projects like Aleo, Filecoin, and IronFish, showcasing its professional capabilities in this domain. ZK.Work ranked second in the Filecoin Space Race and third in the Aleo Testnet and IronFish Testnet.

About Lumoz

Lumoz is a leading modular hashing power layer and ZK-RaaS platform that effectively provides computational capabilities for Rollup, ZK-ML, and ZKP verification using PoW mining mechanisms. In the first half of this year, it completed Pre-A and strategic financing rounds, totaling $14 million in funding from investors including OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, IDG Blockchain, among others. Currently, Lumoz has successfully conducted three rounds of incentive testnets, attracting over 1.5 million ordinary users, 200+ projects, 28,137 validators, and 145 PoW miners.