Recently, Zeus Network announced its intent to build a cross-chain bridge that connects Solana with Bitcoin. The company said in a blog post that this is meant to solve the problem of liquidity and user experience in decentralized applications (dApps) which are caused by fragmentation.
Blockchain technology has grown rapidly over time since the creation of Bitcoin, with multiple networks being developed to suit different purposes and serve various communities. But this scalability issue is due to the fact that these systems do not have any compatibility with each other, thus making them unable to communicate or operate together which is quite limiting for these types of ecosystems.
Recognizing the urgent need for a solution, Zeus Network has positioned itself at the forefront of this transformative change. Leveraging Solana’s monolithic architecture, which consolidates execution, data availability, and consensus within a single framework, Zeus Network aims to establish Solana as the Layer 2 solution for all blockchains.
At the core of this initiative lies the Zeus SVM-empowering infrastructure, comprising the Zeus Program Library (ZPL) and the Zeus Layer. ZPL serves as a verifiable interface built on Solana Virtual Machine (SVM), enabling developers to build and integrate applications across different blockchains seamlessly.
Key features of ZPL include its pluggable and programmable nature, which allows developers to leverage Solana’s speed and efficiency for building decentralized ecosystems. Additionally, ZPL-Assets, representing assets empowered by Zeus Network, facilitate secure and verifiable asset transfers between disparate blockchains.
Driving Solana Towards its Destiny
In the journey of Zeus Network to make Solana the best Layer 2 solution for the decentralized world, launching a bridge between Solana and Bitcoin is a very important step among others. By doing this it will become possible to transfer assets from one blockchain to another which in turn will open up new horizons in terms of DeFi (decentralized finance) and asset management too.
It is expected that ZPL will get implemented on Bitcoin, Runes as well as Ordinals by Q3 2024 thus letting people use various ecosystems much more easily and effectively. This should be achieved because otherwise, there won’t be much progress made towards interoperability within different blockchains, so scalability has always been an issue while dealing with these types of systems like those used by Zeus Network, such as their cross-chain bridge connecting Solana with Bitcoin.
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