Zulu Completes First ZKP Verify Test Implementation Written with Bitcoin Script [Yahoo! Finance]
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Source: Yahoo! Finance
George Town, Cayman Islands and London, UK, May 24, 2024 (GLOBE NEWSWIRE) -- Zulu Network, a pioneer in blockchain technology, has achieved a major milestone in furthering the rapid growth of BitVM by developing and passing the verification algorithm test for Groth16, the first Zero Knowledge Proof (ZKP) algorithm scripted in Bitcoin. This marks a significant milestone and lays the foundation for the construction of a decentralized Bridge based on BitVM2. Zulu's next milestone will be to launch a trust minimized Bitcoin Bridge based on cross-chain and BitVM2. Zulu is currently developing the first BitVM-based bridge to enable large assets across the chain (for fixed amounts), and the first decentralized ZK bridge to provide users with cross-chain operations for any amount. For developers and enthusiasts who wish to gain a deeper understanding into the technology behind Zulu's innovative solutions, Zulu is offering to provide a codebase viewing to prospective strategic partners.
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