How Zeus Network, supported by Solana and Stacks, is reshaping the boundaries of blockchain

Market demand and technological innovation are the driving forces for the development of the blockchain industry. In order to improve the transaction throughput and scalability of the Bitcoin network and reduce transaction fees, Bitcoin L2 became popular. The popularity of modular blockchain is due to its better scalability, flexibility and convenience in building projects. It divides the consensus layer, execution layer, data availability layer and settlement layer of the blockchain into different ones. chain to achieve.

Bitcoin L2 and modular blockchains go some way to solving the challenges that traditional blockchains face when handling large volumes of transactions, but beyond that, There are other solutions.

Solana has previously attracted a large number of users with its high-speed transaction processing, low cost and scalability features. Combining the speed of Solana with the security and liquidity of Bitcoin could create unprecedented synergies.

Zeus Network is now creating a native communication layer between Solana and Bitcoin. This represents a new vision of interoperability through which the high performance of Solana and the widespread adoption of Bitcoin are combined through this communication layer to shape a more connected and synergistic digital currency ecosystem.

Bitcoin and Solana native communication layer, not a cross-chain network

Zeus Network is powered by Zeus Nodes and Solana Virtual Machines (SVMs).

Zeus nodes include a dual-function registry service that allows for peer-to-peer communication, signing, broadcasting, validator registration, and can run on-chain and off-chain. The Zeus communication mechanism enables nodes to exchange information, synchronize status, and execute transactions with each other without going through a centralized middleman, which contributes to the decentralization and efficient operation of the network.

When an individual user wants to become a Zeus verifier, he or she needs to run a node and retain a private key for the signature function. In Zeus Network, the network verification process adopts a decentralized and permissionless group model, which means that anyone can become a validator without being restricted by a specific institution or organization. However, becoming a validator node requires staking SOL or LSD-SOL. Zeus encourages users to use LSD-SOL and participate in PoS staking to gain income.

SVM plays a key role in the functionality and performance of Zeus Network, providing point-to-point communication services and state-related program elements.

Image source: Zeus Network

Zeus consensus is the core of Zeus Network. In Zeus consensus, Bitcoin and Solana transactions are first serialized and then systematically stored in the management program, which provides a centralized starting point for validators to access and verify transactions. Validators in Zeus Consensus focus on verification work without participating in on-chain transactions. To further improve efficiency,

Zeus Consensus implements a threshold signature mechanism. In Bitcoin, this involves Taproot and Schnorr signatures, while in Solana, it is the Ed25519 signature algorithm. At the same time, signing is performed off-chain and the signature is broadcasted to Solana. Off-chain signature aggregation allows for improved broadcast efficiency of transactions without sacrificing security.

These features of Zeus Network make it go beyond the narrow concept of a cross-chain bridge network. It is not just a simple asset transfer platform, but a complex system that protects assets on each chain. Since liquidity providers on each chain do not receive liquidity from another chain, the assets provided on each chain are protected by their respective protocols.

Reshaping the Boundary of Blockchains

APOLLO is the first application developed based on Zeus Network, aiming to increase the liquidity of BTC in the Solana ecosystem. This innovative application allows the value of BTC to be smoothly transferred to the Solana network without relying on traditional bridge mechanisms. APOLLO operates based on Zeus consensus, which guarantees decentralized governance and operational security of the entire system.

APOLLO uses a sophisticated two-way anchoring mechanism to allow native BTC to be staked on the Bitcoin network and minted into zBTC on Solana at a ratio of 1:1. In order to ensure security and prevent depegging, APOLLO has designed a complex circulation control mechanism and hot and cold reserve management system. The circulation limit of zBTC is closely linked to the total value locked (TVL) of SOL and LSD-SOL in Zeus Network.

With the introduction of liquidity, APOLLO plans to launch money markets and automated market makers (AMMs), gradually developing into a DeFi infrastructure and liquidity hub connecting Bitcoin and Solana.

According to the project roadmap, APOLLO is expected to launch its native token and mainnet in the second quarter of 2024. APOLLO is not only a platform for Zeus Network's technology display, but also a test field for its ideas. Through APOLLO, it can be foreseen that Zeus Network may lead a new wave of cross-chain interoperability. zBTC will be able to be used in Solana native protocols such as Solend, marginfi, Kamino Finance, and participate in pledge lending. In addition, popular token standards such as BRC-20, ARC-20, and Runes can all be implemented through Zeus Network. Zeus Network will also support projects such as Swap, stablecoins, and wallets to further expand its cross-chain interoperability capabilities.

It is foreseeable that Zeus Network is reshaping the boundaries of the blockchain world with its revolutionary cross-chain technology.

ZEUS debuts on Jupiter LFG Launchpad

On March 7, the first Jupiter DAO vote began, and two projects will be selected as candidates for the LFG Launchpad, and the two projects will be allowed to issue their tokens on the platform. Users participating in the Jupiter LFG Launchpad will receive JUP token rewards and Launchpad fee allocations.

ZEUS has become one of the first projects on Jupiter LFG Launchpad, and token trading will officially begin on April 4. Zeus Network will issue airdropped ZEUS to 300,291 independent addresses, including 181,889 addresses that previously participated in the Jupiter LFG Launchpad vote, 114,772 zuPoint holder addresses, and 3,630 Dappie Gang NFT holder addresses. Users who vote in the Jupiter LFG Launchpad will also receive other benefits, including additional ZEUS token rewards.

According to official information, the total amount of Zeus Network's token ZEUS is 1 billion.

1. 40% of the tokens will be used to incentivize community members and promote the further development of the project;

2. The foundation reserves 20%, which will be used as a long-term strategic reserve to ensure that the project can maintain long-term operation;

3. Team members are allocated 15% as rewards and incentives;

4. Early supporters are allocated 10%;

5. The advisory team is allocated 5%;

6. 5% is used for liquidity;

7. The remaining 5% is used for Launchpad as funds to start the project;

Different types of holders will have different unlocking and issuance mechanisms. When the token is TGE, there are 167.5 million circulating tokens, which will account for 16.75% of the total.

The team is supported by Solana and Stacks co-creation

Justin, the founder of Zeus Network Wang is a graduate of the University of British Columbia. He launched a VPN business in Dubai in 2014, focusing on the Saudi market, and exited in 2016 with $3.5 million in equity. Subsequently, he founded "dAppio Lab" in 2020 and began to expand the Solana blockchain ecosystem.

Chief Architect Jim Ironaddicteddog is a blockchain professional with a diverse background who has contributed to multiple projects. Jim has made significant contributions to the Solana Taiwan non-EVM community and served as technical lead and project manager at dAppio Lab. He has also worked as a researcher at BSOS and Unitychain. During the Ethereum Meetup in Taipei, Jim organized meetups, study groups, moderated sessions, and received recognition for his work from Vitalik.

Chief Scientist Dean is a professional developer from Australia with 7 years of experience in the Bitcoin blockchain field and has won multiple hackathons. competition, and built several successful companies.

On March 9, the cross-chain communication network Zeus Network announced its angel investor lineup, including Solana co-founder Anatoly Yakovenko, Mechanism Capital co-founder Andrew Kang and Muneeb Ali, co-founder of Stacks. The rest of the VC lineup will be announced in the future.

Zeus Network founder Justin Wang also said: "Zeus Network's good team culture allows us to implement unique technologies. Through Zeus Network, we can lock in market circulation value More than one trillion US dollars in Bitcoin to achieve unprecedented cross-chain liquidity and create more use cases and benefits. Solana’s connection to Bitcoin is only the first step in technology application and will be expanded to more blockchains in the future ."

These supporters not only provide financial support for Zeus Network, but also provide it with rich resources and networks to help it develop and innovate in the blockchain field.

2024 Roadmap

According to official information, in 2024, Zeus Network is expected to launch Zeus nodes, ZEUS staking, and native BTC staking.

In the Muses upgrade in the second quarter of 2024, Zeus Network will focus on developing Zeus nodes to ensure the operation of the network and promote APOLLO to use BTC seamlessly. This includes the Singleton mode implementation of the Zeus Layer Beta mainnet, the development launch of Zeus Explorer and the launch of the audit process, as well as tBTC deposits and withdrawals and zBTC custody for Apollo Testnet V0.3, as well as BTC wallet connection integration and the launch of the audit process.

Subsequently, in the Gaia upgrade in Q3 2024, Zeus Network will introduce two staking options: ZEUS staking and native BTC staking to earn yield on Solana.

In the Athena upgrade in Q4 2024, Zeus Network aims to foster a permissionless cross-chain ecosystem, releasing the Zeus Programming Library (ZPL) for project development. This will involve the release of the ZPL for the Zeus Layer Beta mainnet, the implementation of the programmable MPC, the implementation of the fee relayer, and the integration of the Zeus browser.