BitcoinZKPrice

(ZYRA)

BitcoinZK is a Bitcoin Layer-2 (L2) scaling solution that integrates Zero-Knowledge (ZK) Rollup technology. Developed by the Dinar Maker Foundation, it features a team with experience in privacy-centric protocols like Aleo and Zcash. The project aims to combine the robust security of the Bitcoin network with the advanced programmability and privacy capabilities of ZK-proofs, allowing for a more versatile and secure blockchain ecosystem.

The Bitcoin Constitutional System is a unique governance framework that defines the ZYRA token as a "Digital Constitution." This system empowers token holders with the right to participate in decentralized decision-making. Holders can vote on essential on-chain proposals, determine the allocation of the project treasury, and participate in the selection of network sequencers, ensuring the community has a direct voice in the network's evolution.

ZYRA serves primarily as a governance and value-capture token rather than a gas token. Unlike many Layer-2 solutions, BitcoinZK uses BTC as the native fuel for transaction fees. To support the token ecosystem, the project implements a mechanism where 80% of all network fees are utilized for the buyback and burn of ZYRA tokens, effectively reducing the available supply based on network activity.

A significant portion of the total ZYRA supply is reserved for device mining, which is a major interest point for the community. This model allows participants to contribute to the network's security and distribution by using specific hardware. By dedicating 50% of the total supply to this mining process, the project encourages a decentralized distribution of tokens to active participants rather than relying on traditional private sales.

Yes, BitcoinZK is built as a "Privacy Public Chain" infrastructure. It utilizes zk-SNARKs to facilitate private transactions and verifiable computations without exposing sensitive data. While it is a Bitcoin Layer-2, it adopts privacy philosophies similar to Monero and Zcash. The project employs a "100% ZK proof generation and 100% public verification" model, ensuring all activities are validated through zero-knowledge proofs to eliminate trust assumptions.

ZYRA is available for trading on major cryptocurrency exchanges, including LBank. For users who prefer self-custody, ZYRA can be added to wallets like MetaMask by using the verified contract address on the BNB/EVM chain. It is important for users to verify the official contract address through the project's documentation to ensure security and accuracy when interacting with the token on decentralized platforms.