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Zircuit

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Security

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Binance Labs announced an investment in Zircuit, a zero-knowledge rollup with AI-enabled sequencer-level security.</li>
 <li>Zircuit L2 network brings an innovative approach to on-chain security.</li>
</ul>
In an<a href="https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-zircuit-to-advance-l2-with-aienabled-sequencer-level-security-1403715297509312064?lang=en" rel="noopener noreferrer nofollow" target="_blank"> official announcement</a>, Binance revealed that its venture capital and incubation arm, <a href="https://x.com/BinanceLabs" rel="noopener noreferrer nofollow" target="_blank">Binance Labs</a> has just invested in Zircuit. This is a zero-knowledge rollup with AI-enabled sequencer-level security.
Binance Labs also shared the announcement via X:
<blockquote class="twitter-tweet">
 We’ve invested in <a href="https://twitter.com/ZircuitL2?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">@ZircuitL2</a>
 Zircuit is a zk rollup with parallelized circuits and AI-enabled security at the sequencer level.
 Read more<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/HEjFrFgJB6" rel="noopener noreferrer nofollow" target="_blank">https://t.co/HEjFrFgJB6</a>
 — Binance Labs Fund (@BinanceLabs) <a href="https://twitter.com/BinanceLabs/status/1800453288657338807?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">June 11, 2024</a>
</blockquote>
<a href="https://www.zircuit.com/" rel="noopener noreferrer nofollow" target="_blank">Zircuit</a> is a new Layer-2 network that brings an innovative approach to on-chain security. The network keeps users safe with sequencer-level security and built-in automated AI mechanisms that maintain user safety against smart contract exploits and malicious actors.
Zircuit was built by a team of Web3 security veterans and PhDs in computer science, algorithms, and cryptography, mixing the best features of performance and security.
<h2 id="maximum-user-security">Maximum user security</h2>
The network features a hybrid architecture that mixes battle-tested rollup infrastructure with zero-knowledge proofs.
The result is a fast, low-cost, and fully EVM-compatible ZK rollup that offers maximum security for users without having to sacrifice speed or compatibility.
Zircuit’s performance comes from decomposing circuits into specialized parts and aggregating proofs which lead to higher efficiency and lower operating costs.
Yi He, the co-founder of <a href="https://crypto.ro/en/news/binance-reaches-200-million-global-users-targets-1-billion/" rel="noopener noreferrer nofollow">Binance</a> and Head of Binance Labs stated that the team supports projects that are innovating Web3, while at the same time, accelerating the blockchain industry.
He said that through its integration of sequencer-level security, the Zircuit network provides a more secure L2 solution that is set to grow and develop further.
<h2 id="zircuit-debuts-its-mainnet-this-summer">Zircuit debuts its mainnet this summer</h2>
Zircuit is reportedly preparing to launch its mainnet during the summer, and its ecosystem is already showing huge growth.
According to Binance’s announcement, the network is currently hosting more than $3.5 billion in staked assets. Its Build to Earn program has drawn over 1,100 applications. Its launch partners include important names such as Ethena, Renzo, Ether.fi, KelpDAO, Elixir, Ambient, Pendle, LayerZero, and more.
Dr. Martin Derka, co-founder of Zircuit, said recently that the network was born out of cutting-edge scaling and security research. The team at Zircuit reportedly works on innovating on top of a deep technical foundation, making Ethereum safer for the next billion users.
Derka also highlighted the thrill of having Binance Labs as a partner in this journey.
The Binance Labs investment comes right after the exchange’s CEO Richard Teng addressed the importance of <a href="https://crypto.ro/en/news/binances-ceo-explains-crypto-adoption-and-web3s-meteoric-rise-post-200m-users-achievement/" rel="noopener noreferrer nofollow">Web3’s meteoric rise</a> and the mainstream crypto and blockchain adoption.

Binance Labs Invests In Zircuit L2 Network With Maximum AI-Enabled User Security

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