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Binance Labs Invests in Layer 2 Security Protocol Zircuit


by CoinEdition
Binance Labs Invests in Layer 2 Security Protocol Zircuit
  • Binance Labs has invested in Zircuit, a zero-knowledge roll-up network that uses AI-enabled sequencer-level security.
  • Zircuit has shown impressive growth with over $3.5 billion in staked assets and more than 1,100 applicants for its “Build to Earn” program.
  • Binance has introduced USDS-M contracts to its Futures Copy Trading Platform.

Binance Labs has invested in Zircuit, a new layer 2 on-chain security protocol. Zircuit is a zero-knowledge rollup network that protects against malicious attacks and smart contract exploits using AI-enabled sequencer-level security and built-in mechanisms.

The network ensures robust user security without sacrificing speed or compatibility through a hybrid architecture that combines battle-tested rollup infrastructure and zero-knowledge proofs. 

Zircuit achieves efficient and cost-effective operations by breaking down circuits into specialized units and aggregating proofs.

Yi He, Co-founder of Binance and Head of Binance Labs, said, “At Binance Labs, we support projects that are innovating in Web3 and accelerating the blockchain industry. Through its integration of sequencer-level security, Zircuit is providing a more sec…

The post Binance Labs Invests in Layer 2 Security Protocol Zircuit appeared first on Coin Edition.

Read the article at CoinEdition

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Binance Labs Invests in Layer 2 Security Protocol Zircuit


by CoinEdition
Binance Labs Invests in Layer 2 Security Protocol Zircuit
  • Binance Labs has invested in Zircuit, a zero-knowledge roll-up network that uses AI-enabled sequencer-level security.
  • Zircuit has shown impressive growth with over $3.5 billion in staked assets and more than 1,100 applicants for its “Build to Earn” program.
  • Binance has introduced USDS-M contracts to its Futures Copy Trading Platform.

Binance Labs has invested in Zircuit, a new layer 2 on-chain security protocol. Zircuit is a zero-knowledge rollup network that protects against malicious attacks and smart contract exploits using AI-enabled sequencer-level security and built-in mechanisms.

The network ensures robust user security without sacrificing speed or compatibility through a hybrid architecture that combines battle-tested rollup infrastructure and zero-knowledge proofs. 

Zircuit achieves efficient and cost-effective operations by breaking down circuits into specialized units and aggregating proofs.

Yi He, Co-founder of Binance and Head of Binance Labs, said, “At Binance Labs, we support projects that are innovating in Web3 and accelerating the blockchain industry. Through its integration of sequencer-level security, Zircuit is providing a more sec…

The post Binance Labs Invests in Layer 2 Security Protocol Zircuit appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Why Is the Crypto Market Down Today?

Why Is the Crypto Market Down Today?

The crypto market is currently on a downtrend, sparking bearish sentiment among marke...
USDT Transfer Volume Hits $52.9B as BNB Chain Overtakes Ethereum Since May

USDT Transfer Volume Hits $52.9B as BNB Chain Overtakes Ethereum Since May

USDT transfer volume has climbed to $52.9 billion on a 30-day moving average basis, m...