The post Zulu Network Launches Bitcoin Layer 2 Optimized for DePIN appeared on BitcoinEthereumNews.com.

Zulu Network, a pioneering Bitcoin layer 2 solution optimized for Decentralized Physical Infrastructure Networks (DePIN), has launched. By leveraging the security and value of Bitcoin, Zulu Network is set to revolutionize how computing resources are shared and monetized across the blockchain ecosystem. Singapore, September 26th, 2024 –  Zulu Network today announced its official launch as the pioneering Bitcoin layer 2 solution explicitly optimized for Decentralized Physical Infrastructure Networks (DePIN) with a special focus on tokenized computing power. By leveraging the security and value of Bitcoin while enabling seamless operations for decentralized applications, Zulu Network is set to revolutionize how computing resources are shared and monetized across the blockchain ecosystem. As the demand for decentralized services grows, traditional infrastructures are becoming increasingly outdated and centralized. Zulu Network addresses these challenges directly, empowering users to contribute their computing power in a tokenized manner, effectively changing how physical resources are utilized in the digital space. With over 770K users already on the Zulu Network Testnet, anticipation is growing rapidly for the Mainnet launch. Key Features of Zulu Network Tokenized Computing Power: Users can seamlessly tokenize their computing resources, allowing for decentralized access and efficient utilization of processing power across multiple applications. Bitcoin Layer 2 Architecture: Built on top of the Bitcoin blockchain with Bitcoin Network finality, Zulu Network enhances transaction speeds, reduces costs, and maintains the security of the Bitcoin network while introducing EVM compatibility for easy integration of existing Ethereum decentralized applications (dApps). Decentralized Governance: Zulu Network’s community-centric governance model allows stakeholders to make critical decisions regarding protocol developments, revenue sharing, and ecosystem growth, creating a truly decentralized ecosystem. Incentivized Participation: By depositing and staking Zulu tokens (ZULU), users can earn Bitcoin rewards while contributing to the network’s overall strength and capabilities. Transforming the Future of Decentralized Infrastructure “Zulu Network is not…

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Filed under: News - @ September 27, 2024 2:12 am