The Dunkirk Test Recap: A New Benchmark of Asset Security in Crypto
We are pleased to announce the crypto industry’s first-ever emergency shutdown and user asset recovery test has come to a successful conclusion.
The first ever Dunkirk Test brought together communities, investors, research institutions, security auditors, media supporters, and fellow projects to collaborate and embrace a shared vision of improved user asset security.
Thank you all for making this happen!
What happened during the test?
- The open-source recovery program only took ~30 minutes to set up;
- The average time for node data synchronization was ~4 hours;
- The overall computational resources used were 13TB RAM, and 2500 CPU cores;
- 71,050 addresses claimed faucet tokens;
- 50,504 of them withdrew assets from a recovery node;
- Over 110,000 zero-knowledge proofs were generated;
- The number of transactions during the Dunkirk campaign was 329,400.
Raising Industry-Wide Security Awareness
Looking back, one of the intentions of initiating the Dunkirk Test was to raise awareness of security issues in the broader crypto industry.
During the simulation, traders not only participated in the process of generating zero-knowledge proofs, but also took part in the fund recovery experience: if a similar crisis occurs in the future, they can consciously look for a similar recovery program and save themselves.
We also surprised users by conducting a fake ‘rug pull’ one day earlier to simulate an emergency or sudden shutdown! As we told our users: FTX never warned anyone about their impending implosion, and in the next disaster, nor will anyone in the future. Don’t trust, verify!
A Test of Resilience for Crypto Protocols
The Dunkirk Test not only boosts user confidence in the robustness and security of the zkLink system, but also has far-reaching long-term impact, as it marked a pivotal moment for the crypto industry, serving as a catalyst for change and progress in the realm of security and resilience.
The Importance of the Dunkirk Test
zkLink aims to make the Dunkirk Test an industry standard to ensure that any crypto product claiming absolute fund security must pass this rigorous examination. By setting a high bar for security, the Dunkirk test can drive improvements in platform security and risk management across the DeFi ecosystem.
Putting Users First
Looking ahead, we appeal to other DeFi projects to join us by running their own Dunkirk Test, making it a gold standard for evaluating the resilience and security of DeFi platforms, protecting users’ funds under even the most extreme circumstances.
zkLink’s Dunkirk Test is not just a metaphor; it is a call to action for the crypto industry to prioritize asset security in a new complex financial ecosystem.
About zkLink
zkLink is a unified multi-chain trading infrastructure secured with zk-SNARKS, empowering the next-generation of decentralized trading products such as order book DEX, NFT marketplaces, among others.
By connecting various L1 blockchains and L2 networks, zkLink’s unified, multi-purpose ZK-Rollup middleware enables developers and traders to leverage aggregated assets and liquidity from different chains and offer a seamless multi-chain trading experience, contributing to a more accessible and efficient DeFi ecosystem for all.
Website: zk.link ｜ Docs ｜ Blog ｜ Twitter ｜ Discord
