Polyhedra Network joined forces with Renzo to provide $1.8B security for the Bitcoin interoperability protocol.
Blockchain protocol that provides scalable interoperability #PolyhedraNetwork partners with Ethereum staking protocol based on #EigenLayer #Renzo to integrate liquidity re-staking tokens LRT and ZK tokens' dual-staking mechanism. Through this collaboration, companies will provide $1.8B in cryptographic economic security for their #Bitcoin interoperability protocol, striving to reduce reliance on trust within Bitcoin interoperability.
Polyhedra Network operates a decentralized identity platform designed to build the #Web3 infrastructure. #Polyhedra establishes infrastructures for Web3 interoperability across diverse systems, ensuring strong security without additional trust assumptions.
👉 theblock.co/post/284878/zkbridge-eigenlayer-dual-staking-and-renzo