🚀 Crypto Binance Labs Invests In Zircuit To Bolster Layer 2 With AI-Enabled Sequencer-Level Security

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Binance Labs, Binance’s venture capital and incubation arm, has made an investment in Zircuit, a cutting-edge zero-knowledge rollup that boasts AI-enabled sequencer-level security.

Zircuit is an innovative Layer 2 (L2) network that brings a fresh perspective to on-chain security. The network prioritizes user security with high-level protection and incorporates automated AI mechanisms to prevent smart contract exploits and malicious activities. The network’s hybrid architecture combines battle-tested rollup infrastructure with zero-knowledge proofs, resulting in a fast, cost-effective, and fully EVM-compatible ZK rollup. This ensures unparalleled security for users without compromising on speed or compatibility. Zircuit’s impressive performance is a result of breaking down circuits into specialized components and combining proofs, leading to improved efficiency and reduced operating expenses.

Yi He, Co-Founder of Binance and Head of Binance Labs, said: “At Binance Labs, we support projects that are innovating in Web3 and accelerating the blockchain industry. Through its integration of sequencer level security, Zircuit is providing a more secure L2 solution and we look forward to watching it grow and develop further.”

Zircuit’s mainnet is set to launch this summer, and its ecosystem is already showing remarkable growth. The network currently holds over $3.5 billion in staked assets, and its “Build to Earn” program has received over 1,100 applications. Ethena, Renzo, Ether.fi, KelpDAO, Elixir, Ambient, Pendle, LayerZero, and several other projects have joined as launch partners.

“Zircuit was born out of cutting-edge scaling and security research. We’re innovating on top of a deep technical foundation, and making Ethereum safer for the next billion users. We’re thrilled to have Binance Labs join us in this journey”, said Dr. Martin Derka, Co-Founder of Zircuit.