Bitcoin Layer2 protocol ZULU Network secures seed round investment

Recently, the innovative Bitcoin second-layer protocol ZULU Network announced the completion of its seed funding round. The institutions participating in this round of investment include several well-known venture capital firms. ZULU Network, as a new type of Bitcoin second-layer solution, is unique in that it seamlessly integrates the Ethereum Virtual Machine (EVM) layer and the Unspent Transaction Output (UTXO) innovation layer.

The groundbreaking architecture of the ZULU Network sets a new standard for the scalability and interoperability of the Bitcoin ecosystem. By combining the robust security of the Bitcoin blockchain with the multifunctional features of EVM compatibility, the ZULU Network empowers developers to fully leverage the advantages of both Bitcoin and Ethereum networks to build decentralized applications (dApps). Additionally, its UTXO innovation layer introduces advanced transaction capabilities, significantly enhancing the efficiency of Bitcoin transactions.

Eric Lifson, co-founder of ZULU Network, stated: "This funding will accelerate our development process and help us bring innovative protocols to market, allowing developers and users to fully experience the potential of Bitcoin's second-layer technology. We are pleased to have the support of these excellent investors, who share our vision for a more universal and scalable Bitcoin ecosystem."

The funds raised in this round of financing will be used to expand the development team of ZULU Network, promote marketing efforts, and enhance community engagement programs. Through this investment, ZULU Network aims to further improve its protocol, strengthen security measures, and provide developers and users with a smoother integration experience.

The vision of ZULU Network is "to promote the development of Bitcoin". It cleverly integrates the powerful foundation of Bitcoin with the flexibility of EVM-compatible technology, creating a decentralized framework focused on tokenized computing power and physical infrastructure. As the project continues to evolve, the team is committed to nurturing an inclusive and vibrant developer community, providing them with the necessary tools and resources to build unique applications based on this innovative protocol.