TLDR:
– Binance Labs has invested in Zircuit, a layer two network with AI-enabled sequencer-level security.
– Zircuit combines rollup infrastructure with zero-knowledge proofs for speed and security.
Binance Labs Invests in Zircuit To Advance Layer Two With AI-Enabled Sequencer Level Security
Binance Labs, the venture capital arm of Binance, has invested in Zircuit, a zero-knowledge rollup with AI-enabled sequencer-level security. Zircuit is a layer two network that prioritizes on-chain security through sequencer-level security and automated AI mechanisms. The network’s hybrid architecture combines rollup infrastructure with zero-knowledge proofs to provide fast, low-cost, and fully EVM-compatible ZK rollup with enhanced security for users.
The performance of Zircuit is attributed to decomposing circuits into specialized parts and aggregating proofs, resulting in increased efficiency and lower operating costs. As Zircuit gears up for its mainnet launch in the summer, the network has already attracted over $3.5 billion in staked assets and 1,100 applications for its ‘build-to-earn’ program. Launch partners include Ethena, Renzo, Ether.fi, KelpDAO, and more.
Yi He, co-founder of Binance, expressed support for Zircuit’s innovative approach to Web 3.0 security, emphasizing the importance of enhancing security solutions in the blockchain industry. Dr. Martin Derka, co-founder of Zircuit, highlighted the network’s commitment to making Ethereum safer for users and welcomed Binance Labs as a partner in this journey.
Zircuit’s unique architecture, developed by a team of security experts and PhDs, integrates AI-enabled sequencer-level security and parallelized circuits for improved performance and security. To learn more about Zircuit, visit their website or follow them on their social media channels.
About Binance Labs, the venture capital arm and accelerator of Binance, which boasts a portfolio covering 250 projects across six continents with a significant return on investment rate.
