With this crucial and unprecedented step for Bitcoin Decentralized Bridge Development, Zulu’s next milestone is to launch the project’s demo of the first trust-minimized BTC cross-chain and BitVM2-based bridge.

Zulu Network, a pioneer in blockchain technology, has achieved a major milestone in furthering the rapid growth of BitVM by developing and passing the verification algorithm test for Groth16, the first Zero Knowledge Proof (ZKP) algorithm scripted in Bitcoin.

This marks a significant milestone and lays the foundation for the construction of a decentralized Bridge based on BitVM2. Zulu’s next milestone will be to launch a trust minimized Bitcoin Bridge based on cross-chain and BitVM2.

Zulu is currently developing the first BitVM-based bridge to enable large assets across the chain (for fixed amounts), and the first decentralized ZK bridge to provide users with cross-chain operations for any amount.

For developers and enthusiasts who wish to gain a deeper understanding into the technology behind Zulu’s innovative solutions, Zulu is offering to provide a codebase viewing to prospective strategic partners. This codebase will eventually be open-sourced to help the overall ecosystem better scale Bitcoin. The codebase will contain detailed documentation, sample code, and resources to help developers begin implementing ZKP validation testing and BitVM Trust Minimization Bridging in their own projects. This ground-breaking achievement advances the field of decentralized finance and secure data validation on Bitcoin in a major way.

Since the release of the BitVM whitepaper in October 2023, the Zulu team has been working hard to refine this innovative solution and was the first to propose the introduction of ZKP in BitVM to improve the overall design solution (https://hackmd.io/-ScUwVz4SHi3936ASfyG7A?view). Today, it is possible to validate the ZKP on Bitcoin in conjunction with a license-free challenge mechanism, making the Zulu chain the industry’s first hybrid UTXO and EVM Layer 2 network guaranteed by Bitcoin’s cybersecurity and economic security.

The results achieved by Zulu are aimed to benefit the community and will continue to integrate community feedback and contributions. At present, the core members of Zulu have already contributed part of the core code to the official open-source library of BitVM, and in the coming period, Zulu will gradually open source more code to jointly promote the further improvement of the greater blockchain industry infrastructure.

Zulu is proud to be at the forefront of blockchain innovation, pushing the boundaries of what is possible in the world of decentralized technology. With their latest achievements, Zulu is paving the way for a future where trust, security, and transparency are not just ideals, but practical realities that empower individuals and businesses around the globe.

Stay tuned for more updates from Zulu as they continue to drive progress and innovation in the blockchain space.

Scan me!

Follow more Zulu Network progress here: https://linktr.ee/zulunetwork

About Zulu Network

Zulu Network is the first Bitcoin Layer 2 with 2-layer architecture. ZuluPrime is EVM compatible, for scaling and BitFi; ZuluNexus offers UTXO programmability, a unique solution to continuously support Bitcoin native innovation (cheaper, fast, extendable and programmable).

Zulu’s other innovations also include its decentralized bridge and its unique hybrid PoS / PoW mining design.

TwitterTelegramDiscordBlog

WebsiteWhitepaperDocsGitHub

Let’s move Bitcoin forward together!

ZuluScan: https://testnet.zuluscan.io/

Lwazi Testnet Marketing Campaign: Lwazi Points System

Bridge: https://testnet.zulunetwork.io/bridge/

Bridge Guide: Zulu Bridge Testnet Guide

Gitbook: https://docs.zulunetwork.io/

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

This press release was originally published on this site

You May Also Like

Lumerin to Launch Testnet Node of Decentralized AI Compute on The Morpheus AI Network

Lumerin, a protocol and foundational layer technology using smart contracts to control…

Valory Announces Agents Unleashed Singapore – Night at the Museum

The future of AI and Web3 is set to converge at the…

Discover the MILE (Milestonebased) Listing on XT.COM

XT.COM, the world’s first socially infused trading platform, is thrilled to announce…

Clever Robot CEO Angelo Dilibero Predicts a Transformational Year for Artificial Intelligence and Cryptocurrency in 2024

Angelo Dilibero, the CEO of Clever Robot Group, predicts that 2024 will be…

ANOMUS, Set to End Fake News, Launches on Starter Incubator


Warning: Attempt to read property "post_title" on null in /home/l9s486wnf6gu/public_html/wp-content/plugins/wp-rss-feed-to-post/includes/wprss-ftp-display.php on line 111
– Multi-chain community-driven launchpad Starter (https://starter.xyz), today announced it will host the Initial…

GTA Token Skyrockets: A New Era of Crypto-Gaming Unfolds

In an unprecedented surge of growth and innovation, the GTA Token has established itself…

Satoshi Protocol: First CDP on Bitcoin Layer2, 500k OSHI Airdrop with Binance wallet and BEVM

Singapore, Singapore, April 10th, 2024, Chainwire On April 4th, Binance Web3 Wallet…

BitMart to Host “Night of Crypto Wonders” High-End Web3 Event at TOKEN2049 Singapore

The ‘Night of Crypto Wonders’ high-end industry networking event, co-hosted by BitMart,…

SpaceCatch Arrives with Innovative Move-to-Earn Model

Move-to-Earn Models in General In cryptocurrencies, the move-to-earn model, which allows players…
starcard

StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos

Boston, MA, 26th July, 2022, Chainwire StarCard Sports Games (SCSG), the creator…