Core Foundation franchises Satoshi Plus bitcoin consensus model for new Zcash scaling layer

Core Foundation is introducing Z Protocol, an EVM-compatible Layer 1 blockchain designed to expand the capabilities of Zcash, a privacy-focused cryptocurrency. Z Protocol leverages Core’s Satoshi Plus consensus mechanism, allowing Zcash stakers and miners to secure the new network, similar to how Bitcoin secures the Core blockchain. The project aims to fill a gap in the market by providing native EVM compatibility for Zcash, enabling a wider range of on-chain applications. Z Protocol will launch with a suite of financial primitives, including a private trading venue (Z Trade), lending/borrowing platform (Z Lend), and a private stablecoin (USDZ). A key focus of Z is enabling private AI interactions with the blockchain, anticipating a future where AI agents will be frequent blockchain users and require robust privacy features. Core and CORE token holders will benefit from the launch through preferential access to Z tokens and a portion of transaction fees.

(Source：The Block)