As a seasoned researcher with extensive experience in the blockchain industry, I am truly impressed by Zircuit’s recent announcement of their Mainnet funding round and the innovative approach they are taking to address the security challenges that have long plagued the crypto space.
George Town, Cayman Islands, July 22nd, 2024, Chainwire
Zircuit, a fully compatible EVM rollup with advanced security featuring an AI-driven sequencer, recently concluded a funding round on the Mainnet. Notable investors such as Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and several prominent angel investors including the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, and Maelstrom participated in this round. The fresh capital will propel Zircuit’s growth and enhance network activity, leveraging a solid technical foundation and over $2.9 billion worth of staked assets.
Beginning in 2022, the Zircuit team has constructed a groundbreaking L2 network, which introduces an innovative method to enhance onchain security. By employing advanced sequencer-level protection and integrated AI technologies, Zircuit safeguards dApps and their users from potential blockchain risks. This cutting-edge infrastructure is fortified against smart contract breaches and malevolent actors.
Empowered by its robust security system, Zircuit aspires to serve as a primary hub for restaked assets, offering unmatched security and enabling users to reap top-tier yields directly. The realm of liquid restaking is in its infancy and undergoing swift developments, with a multitude of new LRT protocols cropping up consistently. Navigating this complex landscape and selecting the most reliable and secure protocols for investment can be daunting even for seasoned users. In response to this challenge, Zircuit intends to establish itself as a prominent liquidity platform for assets such as ETH, BTC, LSTs, and LRTs. Here, investors can effortlessly allocate their capital and enjoy the confidence that comes with knowing their funds are being deployed to the most reputable and effective protocols.
“Yi He, the Co-Founder of Binance and Head of Binance Labs, expressed his support for projects pioneering in Web3 and advancing the blockchain sector at Binance Labs. The integration of sequencer level security by Zircuit sets it apart as a more secure L2 solution, and we are eager to observe its progression and expansion.”
“The crypto sector has been plagued with frequent security breaches. However, Zircuit, established by seasoned security professionals, stands out for its superior security design. The team’s defined expansion plan has resulted in remarkable growth in assets secured since their debut,” stated Erick Zhang, Managing Partner at Nomad Capital. “We look forward to further collaborating with Zircuit.”
As a crypto investor, I’m excited about the rapid advancement of the web3 space towards mainstream adoption. Zircuit is positioning itself to fuel this growth by supplying the essential infrastructure for onboarding the masses. With our extensive research into rollups and blockchain security over the years, we’ve constructed an L2 network that boasts unmatched security and scalability. I’m proud of the backing we have from esteemed investors such as Binance Labs and Mirana Ventures as we prepare for our first phase of Mainnet and establish Zircuit as a trailblazer in the industry.
Zircuit’s Mainnet Phase 1 is set to launch in the coming weeks.
For deeper insights into Zircuit, explore its official website at zircuit.com or delve into the comprehensive developer documentation available at docs.zircuit.com.
To participate in Build to Earn, users can visit: https://build.zircuit.com/
To participate in Zircuit Staking, users can visit: https://stake.zircuit.com/
About Zircuit
Zircuit is a cutting-edge ZK rollup boasting AI-enhanced sequencer security and parallelized circuit design, crafted by a squad of seasoned web3 security specialists and academics with doctorates in computer science, algorithms, and cryptography. Our innovative architecture harmoniously merges top-tier performance and robust security features. For more information, please explore our website at zircuit.com or connect with us on Twitter/X @ZircuitL2.
Contact
Jessica
Zircuit
jessica@zircuit.com
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2024-07-22 19:51