Justin Wang, founder of Zeus Network, discusses revolutionizing Bitcoin's integration with Solana. He introduces the concept of 'Layer 1.5', enabling programmability for Bitcoin and other UTXO chains. The conversation dives into Zeus' innovative security model and transaction management. Wang shares a visionary future for Web3 applications leveraging this technology. They also explore the potential for cross-chain functionality, highlighting how Solana could efficiently interact with various proof-of-work assets, including Bitcoin and Dogecoin.
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insights INSIGHT
Zeus as Layer 1.5
Justin Wang disagrees with Layer-1 fragmentation, citing usability and liquidity issues.
He positions Zeus as "Layer 1.5," enabling programmability for Bitcoin and other UTXO chains on Solana.
insights INSIGHT
Bitcoin Layer-2 Concerns
Many Bitcoin Layer-2 solutions operate as sidechains with their own Proof-of-Stake mechanisms.
Wang argues this creates liquidity fragmentation and unsustainable yields based on native tokens.
insights INSIGHT
Bitcoin to Solana via Zeus
Users deposit Bitcoin into a taproot address provided by Apollo, Zeus's first application.
This generates a wrapped asset (ZBTC) on Solana, secured by Zeus nodes.
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In this episode, Austin chats with Justin Wang (Zeus Network) about bringing Bitcoin onto Solana. Unlike previous BTC x Solana integrations, Zeus has built a new communication layer, termed as "Layer 1.5," to enable programmability for Bitcoin and other non-programmable UTXO chains on Solana. Justin shares Zeus' security model and other technical details about how Zeus manages transactions. He ultimately shares a vision for the future of web3 applications that could leverage Zeus to build more integrated and functional decentralized apps, suggesting the potential for Solana to interact with any PoW chains, not just Bitcoin.
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