According to Odaily, Zulu, a blockchain technology, has announced the successful testing of its first zero-knowledge proof (ZKP) algorithm, Groth16, written in Bitcoin script. This breakthrough is expected to further accelerate the rapid development of BitVM and promote significant progress in decentralized finance and secure data verification on Bitcoin. This achievement is considered a crucial milestone in the Bitcoin ecosystem's evolution.
If ZKP can be verified, it can lead to more application scenarios and improve the products in the Bitcoin ecosystem. Zulu is reportedly developing two products: the first BitVM-based bridge to implement large-asset cross-chain for fixed amounts, and the first decentralized ZK bridge to provide users with cross-chain operations of any amount. This means that the Zulu chain will truly be able to inherit the second-layer network security and economic security guarantees of the Bitcoin network.