Mintlayer and Salus Collaborate to Launch L3 ZK-Based Thunder Network
The post Mintlayer and Salus Collaborate to Launch L3 ZK-Based Thunder Network appeared on BitcoinEthereumNews.com.
Mintlayer, a prominent Layer-2 scaling solution, has partnered with Salus, a security firm specializing in zero-knowledge (ZK) proofs, to introduce the Thunder Network—a cutting-edge Layer-3 ZK rollup-based network designed to enhance Bitcoin’s scalability and functionality. Advancing Bitcoin’s capabilities with Thunder Network The Thunder Network initiative is poised to transform Bitcoin’s utility by integrating advanced privacy features, improved transaction speeds, and greater scalability. This Layer-3 solution enhances these aspects and brings Ethereum Virtual Machine (EVM) compatible functionalities. With it, developers can seamlessly build applications that are both secure and reliable on a Bitcoin-connected infrastructure. This integration means that existing EVM dApps will be compatible, simplifying the process for developers to innovate on the Bitcoin network via the Mintlayer protocol. “Partnering with Salus is a significant milestone in Mintlayer’s mission to revolutionize Bitcoin’s scalability and functionality. Through integrating ZK, Thunder Network will enhance transaction speed and privacy while providing developers with powerful EVM capabilities to build innovative applications on top of Bitcoin. We’re excited to work with Salus to unlock Bitcoin’s full potential and drive the future of DeFi.”—Enrico Rubboli, Mintlayer’s Founder Salus’ reputation for advancing privacy-enhancing technologies and their proven track record in the Ethereum ecosystem made them an ideal partner for Mintlayer. Earlier this year, Salus introduced a series of groundbreaking ZK solutions specifically for Ethereum, highlighting their expertise and innovative approach to blockchain privacy and security. Building a future-proof Bitcoin network “We’re thrilled to join forces with Mintlayer to build the Thunder Network, a cutting-edge Layer-3 solution that will redefine how developers and users interact with Bitcoin. The synergy between Salus’ privacy-enhancing ZK solutions and Mintlayer’s Bitcoin layer 2 scaling expertise will drive innovation and adoption in the Bitcoin space while maintaining security, privacy, and decentralization.”—Shawn Chong, COO of Salus The Thunder Network is strategically designed to resolve potential scaling…
Filed under: News - @ May 17, 2024 1:18 pm