Unlocking Connectivity between Bitcoin and Solana with ZPL (Zeus Program Library)

Key Takeaways

• Current obstacles: Users encounter restrictions due to the restricted interoperability of dApps with particular blockchain networks, resulting in fragmented liquidity and less-than-ideal user experiences.
• We believe in monolithic: Solana’s monolithic architecture consolidates execution, data availability, and consensus within a single framework, enabling seamless integration and a unified user experience throughout its ecosystem
• Zeus Network’s vision: Having diligently built on Solana for years, Zeus Network now takes a decisive stride forward by positioning Solana as the Layer 2 solution for all blockchains.
• ZPL: Built on Solana Virtual Machine designed to eliminate the gap between different blockchains and facilitate interoperability at scale.
• ZPL-Asset: ZPL-Asset stands for assets that are empowered by Zeus Network.

Current Challenges to Web3

Commencing with Bitcoin’s inception, the blockchain landscape has flourished, birthing numerous networks catering to various needs and communities, each offering its own distinct experience.

Users encounter restrictions due to the restricted interoperability of dApps with particular blockchain networks, resulting in fragmented liquidity and less-than-ideal user experiences. This underscores the inherent drawbacks of depending solely on a single blockchain to cater to diverse needs.

Interoperability emerges as a vital remedy to tackle these issues, facilitating scalability and accommodating the diverse demands within the blockchain space.

So, how does Zeus Network position ourselves to lead this transformative change?

Solana: Monolithic is the Solution

Solana’s monolithic architecture consolidates execution, data availability, and consensus within a single framework, enabling seamless integration and a unified user experience throughout its ecosystem.

Having diligently built on Solana for years, Zeus Network now takes a decisive stride forward by positioning Solana as the Layer 2 solution for all blockchains.

Leveraging the Solana Virtual Machine (SVM) as our cornerstone, we utilize its speed, minimal transaction costs, and user-friendly interface. Solana’s exceptional attributes position it as the optimal choice for widespread consumer adoption.

To propel Solana into its envisioned role as the central hub for seamless interactions across diverse blockchains and to welcome the next billion users to the blockchain realm, Zeus Network assumes a pivotal role.

The core of connecting Solana with various blockchains is Zeus SVM-empowering infrastructure.

It comprises 2 main components:

• On-Chain: Zeus Program Library (ZPL), a set of SVM programs and client SDK.
• Off-Chain: Zeus Layer, a peer-to-peer network composed of Zeus Nodes.

ZPL: Zeus Program Library

Enter Zeus Program Library (ZPL) — a set of SVM programs built on Solana Virtual Machine, ZPL is a verifiable interface for developers to build on top of Zeus Network.

ZPL represents the culmination of years of experience, research, and development by the Zeus Network team, aimed to eliminate the gap between different blockchains.

Core Features of ZPL

At its core, ZPL serves as a pluggable and programmable Layer built on Solana Virtual Machine (SVM). By leveraging the power of Solana, ZPL enables developers to build or integrate applications in the future.

1. Pluggable: ZPL provides a modular and extensible architecture, enabling developers to seamlessly integrate SVM-empowering functionality into their dApps and protocols.
2. Programmable: ZPL leverages advanced techniques to securely process and verify transactions across multiple blockchains, ensuring robust security and reliability.
3. Interoperable: ZPL enables seamless communication and data exchange between disparate blockchain networks, facilitating the creation of decentralized ecosystems.

ZPL-Asset

ZPL-Asset stands for assets that are empowered by Zeus Network, facilitating seamless transfer from one blockchain to another. ZPL-Assets can be either fungible (cryptocurrencies) or non-fungible (NFTs), representing a wide range of digital assets.

What are the features of ZPL-Asset?

• Verifiability: ZPL-Asset undergoes verification by Zeus Layer, ensuring their authenticity and integrity throughout the transfer process.
• Customizability: All the ZPL-Assets will follow SPL token extensions standard. Protocols have the flexibility to determine fees and conditions associated with the ZPL-Asset, allowing for tailored solutions to meet specific needs.

Use Cases: Bitcoin to Solana

To fully harness the potential of ZPL-Assets on Solana, our focus is on integrating the assets that make a significant influence within Web3.

With a market cap of approximately 1.2 trillion dollars, and over 11,000 Runes generating over $135 million in fees within the first week on the Bitcoin blockchain, the potential for value transfer is immense.

Empowered by ZPL, assets from Bitcoin can transition into a ZPL-Asset, unlocking access to the vibrant Solana ecosystem.

From DEX to NFT marketplaces, borrowing, lending, gaming, DePIN, SocialFi, and more, users can explore various opportunities with low fees and high efficiency.

Cryptocurrencies such as $BTC can be represented as ZPL-Assets through protocols like APOLLO. Users will then receive 1:1 two-way pegged equivalents $zBTC.

Not to mention the Runes and Ordinals will be enjoying high speed and low fees transactions on Solana.

• zBTC: $BTC empowered by ZPL on Solana side.
• zRuneX: Runes asset empowered by ZPL on Solana side.
• zOrdX: Ordinals standard asset empowered by ZPL on Solana side.

$zBTC

Users can deposit $BTC directly on the Bitcoin blockchain and receive $zBTC on Solana. This unlocks the full potential of $BTC within the Solana ecosystem, engaging in DeFi activities like lending and borrowing, all while retaining their Bitcoin assets securely on the Bitcoin blockchain.

zRuneX

Amid the excitement surrounding Bitcoin applications, the emergence of Runes has sparked new possibilities for $BTC usage. However, increased activity has led to congestion and rising fees. By communicating Runes to Solana, we aim to enhance user experiences by reducing transaction times and costs and making trading more efficient.

zOrdX

Leverage ZPL to bring Ordinals to Solana, enabling seamless zOrdX NFT trading on marketplaces like Magic Eden and Tensor.

Conclusion

As we forge ahead in our mission to drive Solana towards its destiny as the premier Layer 2 solution for the decentralized future, Zeus Network remains at the forefront of innovation.

Zeus SVM-empowering infrastructure acts as the backbone, seamlessly connecting Solana with multiple blockchain ecosystems.

With ZPL, developers gain access to a transparent and verifiable interface, empowering them to harness the power of SVM for creating and integrating dApps seamlessly.

Furthermore, ZPL-Assets facilitate secure and verifiable asset transfers between diverse blockchains, opening up new avenues for decentralized finance and asset management.

ZPL is set to be applied to $BTC, Runes, and Ordinals in Q3 2024.