Is it possible to verify ZKP on Bitcoin? Zulu leads the wave of Bitcoin ecosystem infrastructure construction

Industry Express
2024-05-24 22:48:10
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ZULU announced the development of the first ZKP verification written in Bitcoin script, which will greatly promote the development of decentralized bridges for Bitcoin through testing.

ZULU announces the development of the first ZKP verification written in Bitcoin script, which will greatly promote the development of decentralized bridges for Bitcoin.

On May 24, the blockchain technology pioneer Zulu officially announced that the verification algorithm of the first zero-knowledge proof (ZKP) algorithm Groth16, independently developed by the Zulu team using Bitcoin script, has successfully passed testing. This groundbreaking progress will further accelerate the rapid development of BitVM and promote significant advancements in decentralized finance and secure data verification on Bitcoin, marking an important milestone in the Bitcoin ecosystem.

If you can verify ZKP, you can derive more application scenarios and improve products in the Bitcoin ecosystem. According to official sources, Zulu is developing two products:

  • The first BitVM-based bridge to enable cross-chain transactions of large assets (for fixed amounts);
  • And the first decentralized ZK bridge to provide users with cross-chain operations of any amount.

Since the release of the BitVM white paper in October 2023, the Zulu team has been working hard to refine this innovative solution and was the first to propose introducing ZKP into BitVM to improve the overall design. Now, combined with a permissionless challenge mechanism, verifying ZKP on Bitcoin has become possible, which also means that the Zulu chain will become the industry's first truly second-layer network that can inherit the security and economic guarantees of the Bitcoin network.

For developers and enthusiasts who wish to gain deeper insights into the technology behind Zulu's innovative solutions, Zulu will provide a code repository for them to explore. This repository will include detailed documentation, example code, and resources to help developers start implementing ZKP verification testing and BitVM trust-minimized bridging in their own projects. Currently, core members of Zulu have contributed some of the core code to the official BitVM open-source repository, and in the future, Zulu will gradually open source more valuable code to jointly promote the further improvement of industry infrastructure.

Zulu is proud to be at the forefront of blockchain innovation, driving the development of decentralized technology. With its latest achievements, Zulu is paving the way for the future. In the future, trust, security, and transparency will not only be ideals but also important cornerstones that can greatly expand the capabilities of countless individuals, businesses, and more economic forms worldwide.

Zulu will continue to promote progress and innovation in the blockchain field, so stay tuned for more updates.
Original link: https://x.com/zulu_network/status/1793978678373949442?s=46\&t=QkOp8ZFmzkWkM2rAGHpn5g

About Zulu Network

Zulu Network is the first Bitcoin second layer with a dual-layer architecture. ZuluPrime is EVM-compatible for scaling and BitFi; ZuluNexus provides UTXO programmability, a unique solution that continuously supports Bitcoin-native innovations (cheaper, faster, scalable, and programmable).

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