The Good Tech Companies - Zulu Network: Moving The Bitcoin Economy Forward With a Two-Tiered Bitcoin Layer 2 Architecture

Episode Date: April 23, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/zulu-network-moving-the-bitcoin-economy-forward-with-a-two-tiered-bitcoin-layer-2-architecture. Zulu’s other innovations also include the first Bitcoin decentralized bridge (with a working demo coming in the next couple of weeks) and its unique hybrid PoS Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #zulu-network, #btcwire, #press-release, #zulu-network-announcement, #bitcoin-layer-2, #Bitcoin, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. Zulu Network is the first Bitcoin Layer 2 with a Dual-Layer architecture (L2+L3) ZuluPrime L2 is EVM compatible, for Bitcoin scaling and BitFi (Bitcoin DeFi). ZuluNexus L3 offers UTXO programmability to support Bitcoin native innovation. Zulu’s other innovations also include the first trust-minimized Bitcoin bridge (with a working demo coming soon) and its unique hybrid PoS / PoW mining design.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Zulu Network. Moving the Bitcoin economy forward with a two-tiered Bitcoin Layer 2 architecture by BTC Wire. While Bitcoin has gained greater institutional acceptance with the recent ETF launches in the US, it is still not a pure institutional asset, and it is not a pure commodity like gold. It is so much more, secure, decentralized, and programmable value. Zulu Network believes that Bitcoin can be so much more. The Bitcoin ecosystem is ready to evolve by adding BitFi, Bitcoin-native DeFi, integrating existing infrastructure, and advanced programmability to take Bitcoin

from a store of value into a new economy with native yield, exciting innovations, and sophisticated DeFi applications. Zulu Network is the first Bitcoin Layer 2 with a dual-layer architecture, L2 plus L3. Zulu Prime L2 is EVM-compatible for Bitcoin scaling and BitFi, Bitcoin DeFi. Zulu Nexus L3 offers UTXO programmability, a unique solution to continuously support Bitcoin native innovation, making transactions cheaper, fast, extendable, and programmable. Zulu's other innovations also include the first Bitcoin decentralized bridge, with a working demo coming in the next couple of weeks, and its unique hybrid POS, POW mining design. BitFi has the potential to reshape the financial

industry and offer individuals greater control over their financial assets. However, its scalability capacity is currently limited. There is clearly massive demand, but poor infrastructure and limitations for mass adoption, like scalability issues, to foster new Bitcoin native format innovations. Zulu Network is building a new infrastructure to solve these limitations with a programmable, extendable, and innovative new approach to the Bitcoin ecosystem. Zulu wants to unlock the Bitcoin economy for all developers and users. Zulu Network's groundbreaking architecture Zulu Network's unique two-tier architecture L2 plus L3 aims to move the Bitcoin network forward with a new

infrastructure that solves the limitations of the current Bitcoin ecosystem, such as big demand but poor infrastructure, scalability issues, and lack of native innovations that limit the potential for mass adoption. Zulu's Bitcoin Layer 2 solution offers a unique two-tiered architecture, supporting both EVM and UTXO, paving the way for revolutionary advancements within the Bitcoin ecosystem. Zulu Prime L2 is EVM-compatible for Bitcoin scaling in BitFi, Bitcoin DeFi. Zulu Nexus L3 offers UTXO programmability to support Bitcoin-native innovation, making transactions cheaper, faster, extendable, and programmable. Zulu's other innovations also include the first trust-minimized Bitcoin bridge,

with a working demo coming soon, and its unique hybrid POS, POW mining design. Zulu LWAZI Alpha Testulu Genesis Points ZGP Now Phase 1 Lawazi C69323FD3A01. 25k plus users and 52k plus transactions in the first 48 hours. 40k plus users and 287k plus transactions in the first week. Currently, 140k plus registered users and 1m plus transactions. Social media. 40k plus Twitter followers, 35k plus Discord members, 56k plus Telegram members. Zulu network architecture with a dual-layer architecture on Bitcoin, L2 and L3, Zulu network offers. Zulu Prime, EVM, EVM-compatible L2 platform aimed at building a new BitFi, Bitcoin DeFi, ecosystem through smart contracts and decentralized applications, DAPPs. Zulu Nexus, UTXO, L3 integrates the scalability

of UTXO and focuses on the innovation of Bitcoin's original ecosystem and native assets. The Bitcoin network is used as an L1 finality for Zulu. Zulu network is also building the first trust-minimized Bitcoin bridge to connect all Bitcoin Layer 2s and the entire crypto ecosystem to the Bitcoin Co-system. Like most of the blockchain world, the Zulu team was captivated by the immense possibilities that Robin Linus put forth in the white paper for BitVM. Zulu believes in Satoshi's ethos of true decentralization. That is why, to fully realize the vision of Zulu in its entirety, a trust-minimized bridge with both inflows and outflows to and from the Bitcoin

network and Ethereum ecosystem is necessary. Therefore, in the interest of further advancement of the Bitcoin ecosystem, Zulu has taken it upon themselves to implement the first trust-minimized Bitcoin bridge. Zulu uniquely enhances the Bitcoin network by integrating a dual-layer architecture that supports both traditional UTXO and advanced programmable features, allowing for the development of sophisticated decentralized applications, dApps, expanding Bitcoin's capabilities while maintaining ITS foundational principles of security and reliability. For a more in-depth look at the Zulu network architecture, click here, https colon slash slash medium.com,

at Zulu underscore network, architecture deep dive how zulu will move bitcoin forward 837d 2492c234 zulu network key achievements first dual layer architecture on bitcoin l2 plus l3 first implementation of a decentralized bitcoin bridge unique pow plus Bitcoin Bridge, Unique POW plus POS mining, First Bitcoin Layer 3, Zulu Nexus, Solving UTXO and BitFi, Bitcoin Native DeFi, Limitations through programmability, extendability, and advanced capabilities. $3 million raised in pre-seed funding from top VCs. Launch of Zulu Luazi Alpha Testnet and Zulu Genesis Points. Moving the Bitcoin economy forward Zulu invites everyone to move Bitcoin forward with them. Explore, innovate, and contribute to the evolution of blockchain technology with Zulu. Learn more about Zulu Network website. io whitepaper https colon slash slash zulu network io whitepaper pdf git book https colon slash slash

docs zulu network io github https colon slash slash github com zulu network zulu lwazi Testnet. HTTPS colon slash slash testnet. Zulu Network. IO. Luwazi Testnet Points Guide. HTTPS colon slash slash medium. Com. At Zulu underscore network. Earn Zulu Genesis Points ZGP Now Phase 1 Luwazi C69323FD3A1 Zulu Scan.

HTTPS colon slash slash testnet. ZuluScan. IO. Bridge. HTTPS colon slash slash testnet. Zulu Network. IO. Bridge. Tip This story was distributed as a release by BTC Wire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.