George City, Cayman Islands, 22 July 2024, Chainwire
Zircuit, a totally EVM appropriate ZK rollup with AI sequencer stage safety, right this moment introduced that it has launched a Mainnet funding spherical with participation from Binance Labs, Mirana Ventures, Amber Group, Selini, Robotic Ventures, Nomad Capital, Borderless Capital and outstanding angel traders together with founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom and others. With this new funding, Zircuit will have the ability to gas ecosystem development and exercise on its community, constructing on a robust technical basis and greater than $2.9 billion in funding.
Since 2022, the Zircuit workforce has constructed a brand new L2 community that introduces a revolutionary new method to onchain safety. Zircuit protects dApps and their customers from blockchain vulnerabilities by its new infrastructure, which is armored with sequencer-level safety and built-in, automated AI methods that shield towards good contract abuse and malicious actors. The hybrid community structure additionally leads to a quick, low-cost, and totally EVM-compliant ZK rollup that gives customers unmatched safety with out compromising velocity or compatibility.
Bolstered by its robust safety infrastructure, Zircuit plans to develop into a central hub for recovered property that options unmatched safety and allows customers to natively earn superior returns. The panorama of liquid reshuffling continues to be nascent and quickly evolving, with new LRT protocols rising on a regular basis, making it difficult even for skilled customers to trace and select the most effective and most secure protocols to deploy their capital. Zircuit goals to resolve this drawback by changing into the primary liquidity hub for re-linked property (ETH, BTC, LST and LRT) the place customers can simply allocate their capital and have peace of thoughts understanding that funds are deployed in accordance with the most secure and highest high quality protocols.
“At Binance Labs, we help tasks that innovate in Web3 and speed up the blockchain trade. By integrating safety on the sequencer stage, Zircuit supplies a safer L2 answer and we sit up for its continued development and improvement.” stated Yi He, co-founder of Binance and head of Binance Labs.
“Safety is an ongoing subject within the crypto house, with breaches occurring virtually each day. Based by high safety veterans, Zircuit leads the trade with its best-in-class safety structure. The workforce's clear development technique has led to explosive development in property locked up since launch.” stated Erick Zhang, Managing Accomplice of Nomad Capital. “We’re excited to help and proceed to work with the Zircuit workforce.”
“Because the web3 house accelerates in the direction of mainstream adoption, Zircuit will help this development by offering the required infrastructure for the lots. Our years of analysis into rollups and blockchain safety have allowed us to construct an L2 community with unmatched safety and scalability. We’re proud to have the help of Binance Labs, Mirana Ventures and our different traders as we method our first section of Mainnet and set up Zircuit as a cornerstone within the trade.” stated Martin Derka, co-founder of Zircuit.
Zircuit's Mainnet Section 1 is about to launch within the coming weeks.
To be taught extra about Zircuit, customers can go to zircuit.com or learn the developer documentation at docs.zircuit.com
To take part in Construct to Earn, customers can go to: https://construct.zircuit.com/
To take part in Zircuit Staking, customers can go to: https://stake.zircuit.com/
About Circuit
Zircuit is a ZK rollup with sequencer stage safety with AI help and parallel circuits. Created by a workforce of skilled web3 safety veterans and PhDs in laptop science, algorithms and cryptography, Zircuit's distinctive structure combines the most effective of each worlds of efficiency and safety. To be taught extra, go to zircuit.com or observe us on Twitter/X @ZircuitL2
ContactJessicaCircuitjessica@circuit.com
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