Zero-knowledge proof Bitcoin Layer 2 Citrea mainnet launched

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According to Foresight News , Citrea, a zero-knowledge proof-driven Bitcoin Layer 2 network, has officially launched mainnet and native stablecoin ctUSD. Citrea uses zero-knowledge Ethereum Virtual Machine (zkEVM) technology to batch process thousands of off-chain transactions, generating proofs that are then etched onto the Bitcoin base layer. The network primarily supports two core categories: Bitcoin-backed lending and structured products. In 2024, Chainway, the company behind Citrea, completed a $14 million Series A funding round led by Founders Fund.

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