OmniZK development network plans to upgrade to test network on June 18

Odaily News LeverFi announced that the OmniZK development network will be upgraded to the test network on June 18, 2024 to support the growth and development of BTC DeFi. Compared with the centralized Bitcoin L2 that uses multi-signatures or institutional custodians to protect user assets, OmniZK provides a decentralized alternative. OmniZK supports a wide range of cross-chain Bitcoin use cases through native network settlement, including but not limited to: non-custodial BTC liquidity staking, cross-chain Bitcoin DeFi market, decentralized asset bridge, and full-chain liquidity management. (Medium)