Skip to content
Buzz Blockchain
Menu
  • Home
  • Bitcoin
  • Ethereum
  • News
  • Currency
  • Blockchain
  • Interview
  • Press Release
Menu
Zulu Network’s Breakthrough: First Snark Proofs on Bitcoin Set Stage for Revolutionary Bitcoin Bridge

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

Posted on June 4, 2024

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)

Recent Posts

  • Atua AI Optimizes Agent Coordination for Decentralized Workflow Distribution
  • From Junk Bonds to Digital Credit, How XMG Fintech, USXM Stablecoins and PDCNs Are Redefining Financial Engineering
  • DeepSteak: A Well-Done Memecoin Built on Truth, Not Lies
  • Atua AI Boosts Multi-Protocol Compatibility with Lightweight Task Models
  • After Infini Exit KAST Faces Questions Over Points Based Cashback
  • Alaxio’s Strategic Partnerships: Building the AI-DeFi Powerhouse of the Future
  • vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures
  • Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale
  • Atua AI Rolls Out Smart Automation Sync for Multi-Agent System Collaboration
  • The Schwartz: Where Memes Meet Mission on the XRPL
  • FurGPT (FGPT) Powers Cross-Platform Recognition Tools for Smarter Virtual Companion Sync
  • Atua AI Builds Modular AI Control Stack for Scalable Decentralized Development
  • Atua AI Enhances Resource Allocation Intelligence to Optimize Protocol Operations
  • Colle AI Enhances Creator Profiles With Configurable Publishing Infrastructure
  • AGII Introduces Secure Logic Shards to Streamline Autonomous Web3 Execution
  • Atua AI Launches Blockchain-Agnostic Computation Engine for Seamless AI Scalability
  • Alaxio’s Strategic Partnerships: Building the AI-DeFi Powerhouse of the Future
  • Bellarium Price Forecast: Is $BEL the Next Solana?
  • Globalisation and Localisation: The Strategic Ecosystem Partnerships of ZHGUI Exchange
  • Blockchain Research and Innovation: ZHGUI Exchange as a Catalyst for Industry Transformation
  • ETHRANSACTION smart cloud mining platform Officially Launches, Poised to Lead Global Cloud Mining Market
  • BACXN: Beyond Traditional Trading, Building a Bridge for the Digital Economy Era
  • BACXN Panorama: A Multifunctional, User-Friendly Choice for Digital Asset Trading
  • BACXN: Eliminating Geographic Boundaries, Creating a Borderless Digital Asset Experience
  • BACXN: Compliance-Empowered, Building a Safe Investment Haven in the Crypto World
  • Atua AI Improves Developer Automation for Real-Time Multichain Access
  • Crypto WINNAZ Launches Prize Pool Sale on June 15th – Secure 30x Gains & Compete for 300x Meme-Powered Lottery Wins
  • MEXC to List Imagen Network’s IMAGE Token, Backing Web3 Social Innovation
  • Imagen Network Introduces Decentralized Tools to Personalize Web3 Interactions
  • Atua AI Refines Workflow Flexibility to Optimize Enterprise Deployment Flow
  • Nura Labs Files Revolutionary Patent: AI-Powered Wallet Solves the $180 Billion Crypto Staking Complexity Crisis
  • OCRO Token: Your Clear Path to Growth in DeFi
  • Web3 Heats Up as Big Brands Rush To Moonchain’s IHO
  • Atua AI Introduces Adaptive Intelligence Models to Drive Cross-Network Efficiency
  • Towards Regulatory Maturity: How ZHGUI Exchange Is Building Global Trust in the Crypto Economy
©2025 Buzz Blockchain | Design: Newspaperly WordPress Theme