Seven years on, the importance of #Layer2 has only deepened. As #Bitcoin’s network continues to evolve, #L2 solutions like #Lightning but also #Sidechains and #Rollups are essential for scaling and unlocking new capabilities without compromising decentralization. @starkness’s vision of Layer 2 as the ‘HTTP of Bitcoin’ feels more relevant than ever as we push towards a truly decentralized financial future. 🎯
🧠 Bitcoin bridge evolution in one image:
❌ No soft-forks.
❌ No trusted 3rd parties.
❌ No operators & committees.
❌ No pre-signed transactions.
❌ No challenge-response game.
✅ Trustless with Permissionless withdrawals.
Coming soon with @zkLayer_ Devnet in Q4 2024. 🚀
#Bitcoin got its eyes on the future! Why rely on MPC, TSS, and BitVM-based trust-minimized bridges when you can have @zkLayer_'s PIPE-based OP_CAT trustless bridge? 😼
No soft-forks, no operators, no committees, just permissionless withdrawals. PoC implementation is underway. 👨🏻🔬
😎 No soft-forks required. No BS.
Trustless bridge leveraging #OP_CAT through Polynomial Inner Product Encryption via Quadratic Functional Encryption with Full-Hiding Multi-Input Inner Product Encryption is coming soon along with @zkLayer_ Devnet: Q4 2024. 🚀
MEOW 😼
GMEOW 😸 The CAT is out of the bag, and there’s no going back!
@zkLayerLabs is developing a Trustless bridge, connecting #Bitcoin to @zkLayer_ through a #CAT#PIPE 👨🏻🔬⚗️
We’re almost ready to verify state transition #ZKPs on Bitcoin — whether through #OP_CAT or a #CAT#PIPE 😼
👨🏻🔬 Like Schrödinger's wave function collapsing, @zkLayer_ adapts seamlessly: with #OP_CAT if soft-forked, or through #Bitcoin#PIPEs if not. Either way, #zkLayer is set to transform #Bitcoin#DeFi with its Trustless Bridge and the ability to verify state transition ZKPs on L1.
😼 Whether #OP_CAT is soft-forked or not, the #CAT is coming out of the bag. @zkLayerLabs's engineering team has been silently brewing a potion within a #PIPE to unleash the #CAT.
Its time to discuss one of the hottest themes in crypto now:
L1/L2/L3 layers battle- why do we need so much “blockchains”?
So meet our next speaker:
Mattia Pintus
Founder & CEO at zkLayer Labs
https://t.co/xYyYJl0gX5
Mattia is a seasoned cybersecurity specialist with over a decade of experience in the field, deeply involved since 2010 and exposed to Bitcoin since 2013. As the Founder & CEO of zkLayer Labs, he leads innovation, spearheading the development of zkLayer: a bleeding-edge Type 2 zkEVM zkRollup on Bitcoin for Bitcoin DeFi applications.
The Silicon Valley Launchpad team is excited to endorse zkLayer: ✨
PROBLEM:
The Bitcoin ecosystem has deep liquidity but lacks efficient scalability and programmability:
1. Economically dormant BTC
2. Minimal Layer 2 activity
3. No native support for scalable DeFi and DApps
SOLUTION:
The Silicon Valley Launchpad team endorses zkLayer, addressing all the ABOVE ISSUES.
zkLayer enables scalable Bitcoin-native DeFi with full EVM equivalence, facilitating seamless DApp development and cross-chain interoperability.
📊 Product details:
zkLayer uses a Bitcoin-native zkRollup, providing increased scalability, enhanced programmability with other L2 solutions.
💯 Fundraising Round:
Pre-seed round target: $2.5M
FDV: $25M
Equity+Token (SAFE + Token Warrant)
Call to Action:
— Seeking investors and strategic partners to help scale zkLayer's impact.
LINKS:
🌐 Website: https://t.co/OyKotWvmGc
📱 Twitter: https://t.co/dACJpdauPD
🎉 Today marks the first Twitter anniversary of @zkLayer_ and we’re just about to come out of stealth mode!
🚀 Over the past year, we’ve conducted deep research and laid the foundations to build a bleeding-edge Bitcoin-native DeFi solution.
Get ready for what’s coming next! 🔥
Adam Back is spot on! 🫡 The future of #Bitcoin-native financialization is immense, and @zkLayerLabs is committed to unlocking its full potential through @zkLayer_. With increased scalability, enhanced programmability, seamless interoperability, and unified liquidity, we're building the tools to power the next wave of growth in Bitcoin DeFi. 🚀
the market in bitcoin-native financialisation is immature, almost untouched. bitcoin structured products, mortgages backed by real-estate but interest guaranteed by BTC, other products make bitcoin easier to use for more people, and match risk profiles. which creates more growth.
Join us tomorrow as we discuss the polarizing topic: "Will building on BTC become the norm in a few years instead of L1s or L2s?" 💭 We’ve got a lineup of guests active in the BTC space, including @ZestProtocol, @zkLayer_, @NativeNetwork, & more 🙌
https://t.co/1Ff7T9RvWo
Welcome @zklayerlabs to the web3index family! 🫂
ZKLayer Labs is now featured on our platform.
Zklayer Labs drives Bitcoin's scalability and functionality, transforming its role in the global economy.
Explore their page here 🧭
https://t.co/PtUxDyy33r
🐱🚀 Join us for the Twitter Space on OP_CAT debate, where we’ll discuss the tech that’s as elusive as Schrödinger’s CAT—except this time, it’s coming out of the box alive and kicking! #Bitcoin#OP_CAT#GMEOW