The Bitcoin second layer protocol ZULU Network has completed its seed round financing to promote the scalability of the BTC ecosystem.

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Bitcoin Layer 2 Protocol ZULU Network Completes Seed Round Financing

Recently, the Bitcoin Layer 2 protocol ZULU Network announced the completion of its seed round financing. Institutions participating in this round of investment include several well-known venture capital firms. ZULU is an innovative Bitcoin Layer 2 protocol characterized by its seamless integration of the Ethereum Virtual Machine (EVM) layer and the innovative layer of Unspent Transaction Outputs (UTXO).

The architecture of ZULU Network brings a new standard of scalability and interoperability to the Bitcoin ecosystem. By combining the security of the Bitcoin blockchain with the multifunctional features of EVM compatibility, ZULU Network enables developers to fully leverage the advantages of both Bitcoin and Ethereum networks to build decentralized applications (dApps). Additionally, its UTXO innovation layer introduces advanced transaction functionalities, significantly enhancing the efficiency of Bitcoin transactions.

Eric Lifson, co-founder of ZULU Network, stated: "This financing will accelerate our development process and help us bring innovative protocols to market, allowing developers and users to fully experience the potential of Bitcoin's second layer functionality. We are pleased to have the support of these excellent investors, who share our vision for a more universal and scalable Bitcoin ecosystem."

This seed round funding will be used to expand the development team of ZULU Network, advance marketing efforts, and enhance community engagement programs. Through this investment, ZULU Network is committed to optimizing its protocol, strengthening security measures, and providing a smoother integration experience for developers and users.

The vision of ZULU Network is "to push Bitcoin forward". This project combines the advantages of Bitcoin with the flexibility of EVM-compatible technology, creating a decentralized framework focused on tokenized computing power and physical infrastructure. As the project continues to develop, the ZULU team is committed to fostering an inclusive and vibrant developer community, providing them with the necessary tools and resources to build unique applications based on its innovative protocol.

Bitcoin Layer2 protocol ZULU Network completes seed round financing, seamlessly integrates EVM and UTXO

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quiet_lurkervip
· 3h ago
Who voted for this? I haven't heard much about it.
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Invest100Timesvip
· 13h ago
This is the information from that year, isn't it now switching to AI?
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Hash_Banditvip
· 08-08 05:10
another eth killer? seen this movie before tbh...
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BottomMisservip
· 08-08 05:10
Another L2 riding the hype.
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GateUser-0717ab66vip
· 08-08 05:09
Another layer for making money has arrived.
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NftDeepBreathervip
· 08-08 05:09
Bitcoin is crazy!
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FrontRunFightervip
· 08-08 05:06
another dark forest protocol... just wait for the mev extractors to feast
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AirdropHunterZhangvip
· 08-08 05:04
It's that season again to Be Played for Suckers and Clip Coupons.
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ContractSurrendervip
· 08-08 04:43
This design is a bit top-notch!
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