A great news for the Web3 ecosystem as Galxe is now partnering with Zircuit, an AI-based zk-rollup developed on innovative L2 infrastructure. This partnership may take blockchain to new heights of efficiency, scalability, and liquidity and remove the barriers to decentralized technology. With Galxe’s influencer in Web3, the partnership with Zircle’s ready L2 solutions will aim to establish new standards for the sector.
We’re thrilled to announce our latest chain integration with @ZircuitL2 🐈
Zircuit is an AI-powered zk-rollup built on cutting-edge L2 technology. With a staggering $1.8B in TVL and a new liquidity hub program, we’re excited to welcome Zircuit as a partner leading innovation in… pic.twitter.com/aZqH54kbH4
— Galxe (@Galxe) October 28, 2024
AI Meets Blockchain
As you might know, Galxe is already a multi-purpose platform related to Web3 and focused on decentralized applications and digital identity services. It provides all the requirements for users and developers to create, operate, and earn profit from digital assets safely and effectively. On this basis, continuous integration of innovation into its operations and development makes Galxe cement its position in the blockchain industry mainly through strategic collaborations.
At the same time, Zircuit has been acknowledged for its highly technical zk-rollup technology that integrates artificial intelligence with Layer 2 scaling solutions. Zk-rollups group several transactions to be performed off-chain and aggregate it to be executed first in a separate layer before synthesizing such obtained information back into ETH. This not only increases the rate of transactions but also decreases the cost, implying the effectiveness of blockchain. Being an up-and-coming player in the L2 space, Zircuit offers quite an impressive TVL of $1.8 billion and a new liquidity hub.
Scaling Up Web3
Galxe and Zircuit are not just two companies that will collaborate with technology integration but two companies that have a lot in common when it comes to developing the blockchain. Through the adoption of Zircuit AI-based zk-rollup solutions, Galxe has plans to increase transaction rates and capacities and overall build a robust, user-oriented Web3. This not only helps Galxe’s growing community but it also presents an actual use case of Zircuit’s L2 scalability solution, which the company otherwise lacks.
The partnership reveals the growing use of Artificial Intelligence in blockchain and the developments supporting the creation of the Web3 ecosystem. However, with both as the integrated solution, the decentralized web of the future is pretty close.
Read the full article here
