Currencies38124
Market Cap$ 2.28T+1.68%
24h Spot Volume$ 26.91B-18.7%
DominanceBTC56.41%+0.46%ETH9.43%+0.13%
ETH Gas0.13 Gwei
Cryptorank
/

Binance Labs Invests in Layer 2 Security Protocol Zircuit


Binance Labs Invests in Layer 2 Security Protocol Zircuit

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • 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

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

BNB Chain Targets AI Trading With New High-Speed Layer 1 Blockchain

BNB Chain Targets AI Trading With New High-Speed Layer 1 Blockchain

BNB Chain is developing a new Layer 1 blockchain designed for AI-powered trading agen...
Metaplanet explores bringing bitcoin-backed digital credit to Japan

Metaplanet explores bringing bitcoin-backed digital credit to Japan

The bitcoin treasury company is working with JPYC and Progmat to explore tokenized cr...