Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Bitcoin Tipped For $340,000 Target If This Support Level Holds – Details

June 1, 2025

Ethereum sees $285M ETF inflows – Will it impact ETH prices?

June 1, 2025

Bitcoin Rich List: Who’s Stacking, Who’s Slacking?

June 1, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Zulu Network’s Breakthrough: First Snark Proofs on Bitcoin Set Stage for Revolutionary Bitcoin Bridge

0
By David Bryan on June 4, 2024 Crypto News
Share
Facebook Twitter LinkedIn Pinterest Email

Zulu Network has broken ground with the first Snark Proofs on Bitcoin. This ushers in a massive step in pioneering a Trust-Minimized Bitcoin Bridge to revolutionize the DeFi landscape and Bitcoin Ecosystem.

BitVM author, Robin Linus, recently wrote a tweet heralding the first Snark proofs on Bitcoin, a significant achievement attributed to the Zulu Network team. The inclusion of the inaugural zip verifying test, crafted with Bitcoin script, marks a crucial milestone in the advancement of blockchain technology. This breakthrough paves the way for further innovations, particularly as Zulu Network begins work on the maiden trust-minimized decentralized bridge peg in and peg out operation linking the Bitcoin network and the Ethereum blockchain.

The introduction of this pioneering technology (as described in this tweet written by the Zulu team) holds immense promise for the future of Bitcoin native DeFi and the broader cryptocurrency industry. By enabling a seamless and secure connection between these two prominent networks, Zulu Network’s initiative could revolutionize the way in which assets are transferred and utilized within the ecosystem. This development is poised to enhance interoperability, foster greater liquidity, and drive increased efficiency, bolstering the growth and sustainability of decentralized finance solutions.

As the industry continues to evolve, such groundbreaking achievements underscore the potential of blockchain technology to transcend existing boundaries and create new opportunities for users and developers alike. With the convergence of Bitcoin and Ethereum through the efforts of Zulu Network, we stand on the cusp of a transformative era in decentralized finance and digital asset innovation.

Zulu Network is focusing on providing the blockchain ecosystem with a UTXO Innovation layer. By tapping into various liquidity layers from its own Layer 2, other Bitcoin layer 2s, staking and re-staking platforms, it aims to empower users with unparalleled access to decentralized finance and innovation.

With over 700K users on it’s initial EVM Liquidity Layer Testnet, and incoming multiple liquidity layer sources, Zulu is poised to be a leader in the upcoming creative DeFi movement pioneered by Ordinals and Runestones. While most of those assets involve adding JSON text and data on top of individual Satoshis (a base measurement of a Bitcoin fragment), Zulu’s upcoming UTXO Innovation layer will connect all Bitcoin layer 2 liquidity sources and enable programmable states for UTXO assets enabling smart contacts and untold advancement.

Twitter | Website | Github (https://github.com/Zulu-network)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Price Prediction: Sleeping Giant Awakening Could Trigger 645% Rally in 30 Days

June 1, 2025

GameStop’s $500 Million Bitcoin Mega Buy Could Send BTC Soaring Past $170,000 — Will This Sleeper Token Be Next?

May 31, 2025

U.S. Exchange Brings Passive Income to XRP with New Yield Feature

May 31, 2025
Leave A Reply Cancel Reply

What's New Here!

Bitcoin Tipped For $340,000 Target If This Support Level Holds – Details

June 1, 2025

Ethereum sees $285M ETF inflows – Will it impact ETH prices?

June 1, 2025

Bitcoin Rich List: Who’s Stacking, Who’s Slacking?

June 1, 2025

XRP Price Prediction for 2040: Will It Be Enough to Quit Your 9-to-5?

June 1, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.