Press Release: Syscoin : Syscoin Unveils World's First zkDA, Rolling Out the Red Carpet for ...

(PR-inside.com) DUBAI, UAE / ACCESSWIRE / January 24, 2024 / Syscoin, a long-time proponent of leveraging Bitcoin's infrastructure for blockchain innovation, in collaboration with Polyhedra Network and NodeKit, announces a pioneering initiative. The strategic partnership imminently introduces Zero-Knowledge Proof-of-Data Availability (zkDA) into Syscoin's ecosystem, a move that significantly advances Bitcoin's merged mining mechanism and decentralized finance (DeFi). Jagdeep Sidhu, Core developer of Syscoin, emphasizes, "This collaboration brings scalable solutions without compromising security and decentralization, fundamental to blockchain development." Key Partnership Highlights: ● Bitcoin Integration via zkBridge: Facilitates two-way transactions between Bitcoin and Rollux, Syscoin's EVM Layer 2, establishing a robust Bitcoin Layer 3. ● Client-Side ..