Babylon Labs is majorly contributing in the development of
Bitcoin ZK technology by connecting it with Cosmos Chains.
Iztal Trader is known for his expertise, however, the specifics are not mentioned. There are debates over the implementation of
ZK rollup in Bitcoin's architecture whereas
Alpen Labs secured $8.5 million to advance the development of Bitcoin's ZK Rollup Strata.
ZK International integrating Bitcoin payments demonstrates a major expansion in crypto payments for China. The future of
ZKsync seems uncertain as the hype fades off and the TVL hits Year-to-Date lows. Conversely, ZK-proofs are gaining momentum as affordable replacement of legacy ID systems, but some argue its complexity limits its use in decentralized ID. The ZK token airdrop by zkSync will reach 695K eligible wallets.
41% of the top ZK airdrop wallets have already sold everything.
PancakeSwap airdrops 2.4M ZK tokens to reward users. There are expectations for further advancements in ZK Proofs by 2025. Despite the recent decline, ZK proves its resilience with Buenos Aires implementing ZK Proofs in the city app to increase residents' privacy and Bitcoin mainnet receiving its first-ever verified ZK-proof. Binance has also announced a distribution of
10.5M ZK Tokens after listing ZKsync. ZKsync's ZK token began with a market cap of $800M. Interesting developments have been noticed with ZK, including developments in the Bitcoin ecosystem, a connection to Ethereum, and more. StarkWare verifies the first zero-knowledge proof on Bitcoin tech.
ZK Coin News Analytics from Sat, 30 Mar 2024 07:00:00 GMT to Sat, 18 Jan 2025 18:17:02 GMT -
Rating 6.5
- Innovation 7
- Information 4
- Rumor 6