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Zeus Network (ZEUS): Breaking Barriers Between Bitcoin and Solana

Intermediate
Blockchain
Explainers
Altcoins
May 13, 2024
7 min read
0

Bitcoin's entry into the global financial landscape has been shaking things up. Now, as blockchain technology continues to evolve, innovations are entering the space to help scale Bitcoin. One such innovation is Ordinals, which allow the creation of Bitcoin-based fungible cryptocurrencies based on the BRC-20 standard. The Bitcoin Runes technology was subsequently created to address the inefficiencies of the BRC-20 standard, enhancing the creation and ease of use of Bitcoin-based fungible cryptocurrencies. 

These major developments have eased the transfer of value within the Bitcoin network and expanded its use cases to include decentralized finance (DeFi). Now, the Solana-based Zeus Network hopes to capture Bitcoin's burgeoning potential for value transfer by connecting it with Solana’s highly efficient and scalable blockchain. Zeus's approach aims to increase interoperability between these two foundational blockchains, which will in turn create exceptional synergies and unlock more opportunities for crypto users. 

Let's learn more.

Key Takeaways:

  • Zeus Network provides a communication layer for bridging Bitcoin and Solana, allowing Bitcoin users with Ordinals and Runes to access DeFi opportunities on Solana. 

  • ZEUS, the native token for the Zeus Network, was launched via the Jupiter Launchpad, with 3% of its total supply allocated as airdrops to its community. 

  • Bybit is holding a Zeus Lucky Draw, in which you can win USDT airdrops in various ways, such as inviting friends or trading the ZEUS Derivatives contract. 

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