What is Zulu Network?

Zulu Network is a blockchain protocol established to integrate Bitcoin's security with Ethereum Virtual Machine (EVM) capabilities, aimed at enhancing decentralized physical infrastructure (DePIN) and artificial intelligence (AI) applications. The network's architecture combines Unspent Transaction Output (UTXO) and account-based smart contracts, designed to facilitate staking, decentralized governance, and seamless asset transfers between Bitcoin and Ethereum through a BitVM-based bridge.

The native token, $ZULU, is utilized for transaction fees, staking, and securing the network, while enabling governance through token holder voting on proposals. The network employs a hybrid consensus model of Proof-of-Stake (PoS) and Proof-of-Work (PoW), rewarding participants with both $ZULU and Bitcoin. Zulu Network has a structured token allocation plan and aims to foster a community-driven ecosystem that supports various applications on Bitcoin, advancing its utility through innovative blockchain technology.