Key takeaways:
Binance Labs has invested in Zircuit, a zero-knowledge rollup featuring sequencer-level security with AI.
Zircuit is a new layer 2 network that introduces an innovative approach to blockchain security.
Binance Labs, the venture capital division and incubator of Binance, has invested in Zircuit, a zero-knowledge rollup featuring sequencer-level security with AI.
Zircuit is a new layer 2 network that introduces an innovative approach to blockchain security. The network protects users from smart contract exploits and malicious actors through sequencer-level security and integrated, automated AI mechanisms. The network's hybrid architecture, which combines proven rollup infrastructure with zero-knowledge proofs, is a fast, low-cost, fully MVE-enabled ZK rollup that delivers unparalleled security to users without compromising on security. speed or compatibility. Specifically, Zircuit's performance comes from breaking down circuits into specialized parts and aggregating evidence, processes that help improve efficiency and reduce operating costs.
Yi He, Co-Founder of Binance and Director of Binance Labs, announced: “Binance Labs supports projects that innovate within Web3 and advance the field of blockchain. By integrating security at the sequencer level, Zircuit provides a more secure Layer 2 solution, and we look forward to seeing this project prosper and grow further. »
As Zircuit prepares to launch its mainnet this summer, its ecosystem is already seeing impressive growth: the network currently hosts over $3.5 billion in staked assets, and its “Build to Earn” program has raised over $1 100 applications. Launch partners include Ethena, Renzo, Ether.fi, KelpDAO, Elixir, Ambient, Pendle, LayerZero and more.
“Zircuit is the result of cutting-edge scaling and security research. We are innovating from a solid technical foundation and making Ethereum more secure for the next billion users. We are delighted to have the support of Binance Labs in this adventure,” said Dr. Martin Derka, co-founder of Zircuit.
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About Zircuit
Zircuit is a ZK rollup with sequencer-level security with AI and parallelized circuits. Built by a team of Web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit's unique architecture combines the best of both worlds in performance and security. Visit zircuit.com or follow @ZircuitL2 on X to learn more.
About Binance Labs
As the venture arm and accelerator of Binance, Binance Labs is now worth over $10 billion. Its portfolio includes 250 projects in more than 25 countries on six continents and its return on investment rate is greater than 14x. Fifty of the companies in the Binance Labs portfolio are projects that participated in our incubation programs. Subscribe to Binance Labs Profile X to learn more.
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