Mint Layer, a layer 2 protocol connected to Bitcoin and decentralized finance (DeFi), announced a partnership with Salus, a web 3.0 security service platform, to develop Thunder Network, a layer 3 solution based on BTC. The new network promises scalability, improved privacy, and faster transaction speeds.
The Thunder Network will enable the use of Ethereum Virtual Machine (EVM) features in Bitcoin-connected applications. Developers will also be able to create decentralized applications (DApps).
Mintlayer and Salus plan to develop ‘Thunder Network’ at L3
This partnership marks a significant step forward in unifying the Bitcoin and blockchain ecosystems by integrating L3 Rollup and Zero Knowledge (ZK) technologies. Rollup is an independent blockchain where users create transactions and transfer that data to Ethereum .
Mint Layer and Salus seek to provide a liquid, high-performance, secure, and private user experience on the Thunder Network while maintaining Bitcoin's decentralized principles.
“Our partnership with Salus marks an important milestone in Mint Layer’s mission to revolutionize Bitcoin scalability. By integrating ZK, Thunder Network will provide powerful EVM capabilities to build applications on top of Bitcoin while enhancing transaction speeds and privacy for developers. “We are excited to work with Salus to unlock Bitcoin’s full potential and drive the future of decentralized finance,” said Enrico Ruboli, founder of MintPlayer.
Read more: Beginner's Guide to Layer 2 Scaling Solutions
Salus has experience providing EVM ZK application solutions designed specifically for Ethereum and is a pioneer in zero-knowledge technology solutions.
“The synergy between Salus’ privacy-enhancing ZK solution and Mint Layer’s Bitcoin Layer 2 scaling expertise will drive innovation and adoption in the Bitcoin space while maintaining security, privacy, and decentralization,” said Sean Chong, COO of Salus. Shawn Chong said:
The Layer 3 market has a market capitalization of $713 million and a 24-hour trading volume of $65.6 million. Notable L3 projects include Degen (Base), Xai, Orbs, Abgochi, and Dream Machine tokens.
Read more: How to Achieve EVM Compatibility on Non-EVM Blockchains
However, Layer 3 failed to generate widespread enthusiasm among prominent cryptocurrency figures. Ethereum co-founder Vitalik Buterin pointed out that implementing L3 faces technical obstacles such as data availability and bandwidth limitations.
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