June 11, 2024 – George Town, Grand Cayman

Zircuit emerges as an innovative layer two network that revolutionizes on-chain security with a fresh approach.

The network provides users with top-tier security at the sequencer level, incorporating automated AI mechanisms to thwart smart contract exploits and malicious entities.

By blending battle-tested rollup infrastructure with zero-knowledge (ZK) proofs, Zircuit’s hybrid architecture delivers a swift, cost-effective, and fully EVM-compatible ZK rollup that ensures unmatched security without compromising speed or compatibility.

The network’s efficiency stems from breaking down circuits into specialized components and consolidating proofs, resulting in enhanced performance and reduced operational expenses.

Yi He, co-founder of Binance and head of Binance Labs, expressed his support for Zircuit’s innovative security solutions, stating, “At Binance Labs, we back projects that drive innovation in Web 3.0 and propel the blockchain industry forward. Zircuit’s implementation of sequencer-level security offers a more secure layer two solution, and we are excited to witness its growth and evolution.”

As Zircuit gears up to launch its mainnet this summer, its ecosystem is already witnessing remarkable expansion. With over $3.5 billion in staked assets and more than 1,100 applications for its ‘build-to-earn’ program, the network is thriving. Launch partners include Ethena, Renzo, Ether.fi, KelpDAO, Elixir, Ambient, Pendle, LayerZero, and others.

Dr. Martin Derka, co-founder of Zircuit, highlighted the network’s foundation in cutting-edge scaling and security research, emphasizing its commitment to making Ethereum safer for a broader user base. He expressed excitement about Binance Labs joining them on this journey.

About Zircuit:

Zircuit is a ZK rollup featuring AI-enhanced sequencer-level security and parallelized circuits. Crafted by a team of Web 3.0 security experts and computer science, algorithms, and cryptography PhDs, Zircuit’s unique architecture seamlessly combines performance and security.

For more information, visit the official website or follow on social media platforms.

About Binance Labs:

As the venture capital arm and accelerator of Binance, Binance Labs has amassed a portfolio worth over $10 billion. With investments in 250 projects from 25 countries across six continents, it boasts a return on investment rate exceeding 14 times. Fifty of Binance Labs’ portfolio companies have successfully completed incubation programs.

For further details, follow Binance Labs on social media.

Contact:
Jessica Graber, Zircuit

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