Bitcoin Forum

Alternate cryptocurrencies => Tokens (Altcoins) => Topic started by: keyvank on July 13, 2025, 12:13:30 PM



Title: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: keyvank on July 13, 2025, 12:13:30 PM
🪱 Transform irreversible ETH burns into an economically meaningful, scarce asset using zk-SNARKs!  🪱

WORM is a cryptographically scarce ERC-20 token created through the destruction of Ethereum (ETH) in a privacy-preserving manner. It is minted by consuming BETH, a private proof-of-burn receipt, which is itself generated using zk-SNARKs. WORM transforms irreversible ETH burns into an economically meaningful, scarce asset without requiring changes to Ethereum’s consensus or base-layer mechanics.

By leveraging EIP-7503, which standardizes Private Proof-of-Burn, WORM introduces a new class of cryptoassets whose minting is rooted in permanent ETH destruction—shielded from on-chain surveillance. The protocol introduces hard emission caps per block, ensuring WORM remains cryptoeconomically scarce even as ETH burns grow. WORM is designed to be usable, composable, and private—fueling a new generation of decentralized finance, payments, and speculative applications.

Website: https://worm.cx
Github: https://github.com/worm-privacy
X: https://x.com/EIP7503

LINDWURM TESTNET IS UP AND RUNNING! Join our Telegram group or Discord server for more info:

Telegram: https://t.me/WormPrivacy
Discord: https://discord.gg/EIP7503


Title: Re: [ANN][WORM] TESTNET LAUNCHED - A Cryptoasset Rooted in Private ETH Destruction
Post by: keyvank on July 16, 2025, 08:55:13 PM
🐉 Lindwurm Testnet 🪱

Here you will find the instructions to participate in the Lindwurm incentivized testnet! Users who will help us in testing the network may earn community allocations of the future WORM token!

In order to participate in the testnet you'll need:

  • A machine or VPS or dedicated-server with at least 16GB of RAM
  • Debian/Ubuntu operating system
  • At least 1.0 Sepolia ETH which you may get from Sepolia faucets

1. Install requirements:
Code:
sudo apt install -y build-essential cmake libgmp-dev libsodium-dev nasm curl m4 git wget unzip nlohmann-json3-dev
2. Install Rust toolchain:
Code:
curl --proto '=https' --tlsv1.2 -sSf https://sh.rustup.rs | sh
3. Clone the repo:
Code:
git clone https://github.com/worm-privacy/miner && cd miner
4. Download parameters files:
Code:
make download_params
5. Install `worm-miner`:
Code:
cargo install --path .
6. Burn some ETH and generate and submit a proof:
Code:
worm-miner burn --network sepolia --private-key [YOUR SEPOLIA PRIVATE KEY] --amount 1.0 --spend 1.0 --fee 0
7. Congrats! 1.0 BETH has been minted for your address! Check by running:
Code:
worm-miner info --network sepolia --private-key [YOUR SEPOLIA PRIVATE KEY]
8. Now run the miner:
Code:
worm-miner mine --network sepolia --private-key [YOUR SEPOLIA PRIVATE KEY] --min-beth-per-epoch 0.0001 --max-beth-per-epoch 0.01 --assumed-worm-price 0.000002 --future-epochs 3
   Where:
      - `--min-beth-per-epoch` is the min amount of BETH you are willing to consume in order to participate in any block.
      - `--max-beth-per-epoch` is the max amount of BETH you are willing to consume in order to participate in any block.
      - `--assumed-worm-price` is your assumed WORM/ETH pair price.
      - `--future-epochs` is the number of epochs you would like to participate in in advance.
9. Let us know your Sepolia address on X!


Title: Re: [ANN][WORM] TESTNET LAUNCHED - A Cryptoasset Rooted in Private ETH Destruction
Post by: keyvank on July 21, 2025, 01:43:03 PM
50 sETH already burned! 8000 WORM tokens minted so far!  :o

Join Lindwurm incentivized testnet today! :)

Stats available on: https://worm.cx


Title: Re: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: keyvank on July 28, 2025, 02:08:13 PM
Lindwurm testnet has just ended! ::)

Participants and their shares are available here: https://github.com/worm-privacy/genesis


Title: Re: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: bogdan198 on August 08, 2025, 12:14:10 PM
Will the second phase be tested, and if so, when?


Title: Re: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: keyvank on August 10, 2025, 10:39:18 AM
Yes! More info will be published soon.


Title: Re: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: keyvank on August 11, 2025, 01:39:10 PM
We have launched a Zealy campaign to grow our community! Join and help us spread the word :)

https://zealy.io/cw/wormprivacy


Title: Re: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: ArtemCL on September 04, 2025, 04:37:15 PM
🔥 WORM’s second incentivized testnet — Shai-Hulud — is live! 🏜️

The testnet is already running and will continue for 4 weeks.
You can still join by burning Sepolia ETH to help test WORM’s burn and privacy mechanisms — and become eligible  rewards after mainnet launch.

📖 How to join:

👉 Shai-Hulud Testnet Guide:
 https://github.com/worm-privacy/shaihulud (https://github.com/worm-privacy/shaihulud)

📊 Track epochs and burn data:
👉 worm.cx (http://worm.cx)

Privacy is normal. WORM is just getting started. 🪱

Our Juicebox 🧃campaign is live and has already raised over $100,000 for development!
https://juicebox.money/v4/eth:165?tabid=about

Juicebox helps projects like WORM raise funds directly from the community in a transparent and decentralised way.

Huge thanks to everyone who has supported our mission for privacy and innovation — your contributions make this possible!


Title: Re: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: ArtemCL on November 10, 2025, 02:59:28 PM
🪱 The Burrow incentivized testnet goes live! 🪱


New WORM/BETH contracts deployed with faster epochs and higher mint limits.

  • ⏱️ Epoch time: 10 mins
  • 🧩 Mint limit: 10 ETH per call
  • 🧠 Starting from epoch #140

📘 Guide: https://github.com/worm-privacy/burrow (https://github.com/worm-privacy/burrow)  
💧 Uniswap pool: BETH/ETH (Sepolia) (https://app.uniswap.org/explore/pools/ethereum_sepolia/0x646b5eB499411390448b5e21838aCB8B2FF548dA)

🏆 Rewards focus on:
  • 💱 Swap through the BETH/ETH Uniswap pool
  • 💧 Add liquidity to the pool
  • ⚙️ Utilize the staking system

We’re building something real, private, and sustainable -  
quality takes time, and that’s exactly what these rewarded testnets are for. 🪱

Website: https://worm.cx
Github: https://github.com/worm-privacy
X: https://x.com/EIP7503
Telegram: https://t.me/WormPrivacy
Discord: https://discord.gg/EIP7503

🎉 We’re thrilled to announce that we achieved 🥈 2nd place in Gitcoin’s GG24 Privacy Round!

A big thank you to our dedicated supporters - your contribution made this milestone possible! 🙌

Privacy is wormal 🪱 - and we’re just getting started!

Together, let’s make true privacy a reality! 🔒🪱


Title: Re: [ANN][WORM] A revolutionary privacy primitive for Ethereum!
Post by: ArtemCL on November 12, 2025, 11:11:29 AM
🪱 WORM Grant Campaign - Build the Next Generation of Burn-Mineable Coins

We’re launching a Grant Program to support builders exploring mineable-by-burning assets - inspired by WORM’s Proof-of-Burn model.

💰 3 Grants-  $5,000 each

We’re funding projects that turn ETH-burning into a decentralized minting mechanism.
Your idea doesn’t have to be a WORM fork - it can be a new token, protocol, or creative remix of the concept.



👷‍♂️ Who We’re Looking For
1️⃣ Strong Solidity skills - you can build smart contracts confidently and securely.
2️⃣ Strong marketing / Crypto Twitter game - you know how to build and meme a narrative.
3️⃣ Solid understanding of the WORM concept - you get “mine-by-burning” and can push it further.



📧 How to Apply
Send an email to: keyvankambakhsh@gmail.com
Include:
• Short proposal for your project (what & why)
• Links (GitHub, Twitter, past work)
• Resume



🔗 Official Announcement on X:
https://x.com/eip7503/status/1988260407945888235?s=46&t=tCV1IaD3SuQcoaLHbgz1lw (https://x.com/eip7503/status/1988260407945888235?s=46&t=tCV1IaD3SuQcoaLHbgz1lw)