Cryptocurrency

Best Crypto Airdrops for This Week

Shiva Ganesh

Crypto airdrops are a popular way of distributing free tokens to the crypto community

Crypto airdrops are a popular way of distributing free tokens to the crypto community, either to reward existing users, attract new ones, or create buzz around a project. However, not all airdrops are worth your time and attention. Some may be scams, low-quality, or too complicated to join.

Base: Coinbase created Base, a Layer 2 scaling solution for Ethereum that makes use of the OP stack. It is designed to serve as a basis for Coinbase's 100 million customers to join DeFi and Optimism's Superchain, a network of interconnected Layer 2s that will offer users lower costs and quicker transactions.

MetaMask: In the world of cryptocurrencies, MetaMask is one of the most well-liked wallets. Users can connect to decentralized applications, save their private keys, and engage with the blockchain using MetaMask. 

Layer Zero: A communication protocol for chains built on Omnichain is called Layer Zero. Layer Zero uses Oracle technology to enable information sharing between applications built on different blockchain networks.

Starknet: The drawbacks of conventional wallets, also known as externally owned accounts, are addressed by Starknet, a zero-knowledge Layer 2 that makes use of account abstraction (AA) (EOA). In essence, these common user accounts are converted into smart contracts through account abstraction.

Scroll: Scroll is a zero-knowledge Layer 2 that aims to scale Ethereum while protecting user privacy, much as zkSync. It leverages L2 mining, which separates the transaction packing and mining process to mitigate against negative MEVs, as well as a hierarchical zero-knowledge proof scheme for quick deployment and effective verification.

Sei Network: Sei Network is a Layer 1 blockchain based on Cosmos that is designed to improve the performance of exchanges by satisfying their high standards for speed, scalability, and reliability.

zkSync: An alternate and more effective way to utilize the Ethereum blockchain is provided by zkSync, which makes use of Layer 2 technologies. While taking advantage of the robust security of the Ethereum network, Layer 2 solutions aim for a quicker and less expensive transaction experience.

ZigZag: The use of applications installed on the zkSync network is one of the probable requirements for getting an airdrop from zkSync. You have a possibility of receiving yet another airdrop if you decide to use the decentralized exchange ZigZag as your application of choice.

Fuel: Fuel is a scalability-focused optimistic rollup that was initially launched on Ethereum. The modular architecture separates execution from other tasks, enabling specialization at the base layer and boosting throughput as the industry moves away from monolithic blockchain topologies, where all blockchain services are performed by a single entity.

Quai Network: In order to achieve scalability and enhance user experience, Quai Network combines the security of Proof-of-Work with the scalability of sharding, where miners can validate several chains using the same mining hardware and bandwidth. Each chain has the ability to handle transactions independently and accurately record them on both the individual and general ledgers.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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