Mintlayer takes a bold step in the decentralized finance (DeFi) world, reshaping the evolving industry within the Bitcoin ecosystem with the launch of ZK Thunder Network Testnet. This cutting-edge Layer 3 (L3) solution is designed for unparalleled scalability and Ethereum Virtual Machine (EVM) compatibility. At the core of ZK Thunder is the advanced zero-knowledge (ZK) roll-up technology, which helps in enabling 1-second block times for lightning-fast transaction fees. This innovation helps in empowering developers to build seamless, user-friendly DeFi applications that integrate with Ethereum-based projects effortlessly, while leveraging the robust security of Bitcoin.
Speaking about ZK Thunder Network Testnet, Mintlayer’s project head highlighted, “ZK Thunder goes beyond being just an enhancement – it rises as a game-changer for the Mintlayer ecosystem.” The project head added, “With EVM compatibility, we are merging Bitcoin’s security with Ethereum’s smart contract flexibility. This has helped Mintlayer become an attractive destination for DeFi innovation.”