ZULU Network completes seed round financing, innovative Bitcoin Layer 2 protocol leads EVM integration.

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The Bitcoin Layer 2 protocol ZULU Network has recently completed its seed funding round. Institutions participating in this round of investment include several well-known venture capital firms. ZULU Network is an innovative Bitcoin Layer 2 protocol, distinguished by its seamless integration of the Ethereum Virtual Machine (EVM) layer and the Unspent Transaction Output (UTXO) innovation layer.

This groundbreaking architecture sets a new standard for the scalability and interoperability of the Bitcoin ecosystem. By integrating the robust security of the Bitcoin blockchain with the multifunctional features of EVM compatibility, ZULU Network enables developers to fully leverage the advantages of both the 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 round of financing will accelerate our development process, helping us bring the innovative protocol to market and allowing developers and users to fully experience the potential of Bitcoin's second layer functionality. We are excited to collaborate with these outstanding investors in pursuit of a more universal and scalable Bitcoin ecosystem."

The seed round funding will be used to expand the development team of ZULU Network, advance marketing strategies, and strengthen community engagement programs. Through this investment, ZULU Network aims to optimize its protocol, enhance security measures, and provide a smoother integration experience for developers and users.

Several institutions participating in this round of investment have extensive investment experience in the cryptocurrency and blockchain fields. Their involvement not only provides funding support for ZULU Network but also increases the project's exposure and credibility. The investment portfolios of these institutions cover many well-known blockchain projects and companies, including some leading cryptocurrency exchanges, wallet service providers, and infrastructure providers.

The vision of ZULU Network is "to promote the development of Bitcoin". It cleverly combines the powerful foundation 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 grow, the ZULU Network 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 this innovative protocol.

Bitcoin Layer 2 protocol ZULU Network completes seed round financing, seamlessly integrates EVM and UTXO

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BlockDetectivevip
· 08-14 03:19
Another money-making scheme under the BTC+ETH banner.
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PaperHandSistervip
· 08-12 21:16
Another overvalued catch a falling knife suckers
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DefiPlaybookvip
· 08-11 07:27
This gas fee can't To da moon.
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AirdropNinjavip
· 08-11 07:13
Layer 2 Rollup L1
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TeaTimeTradervip
· 08-11 07:11
Another L2 probably won't last long either.
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0xLostKeyvip
· 08-11 07:08
Another BTC L2 is trying to ride the hype.
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SignatureCollectorvip
· 08-11 07:01
Finally, someone did this.
View OriginalReply0
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