According to The Block, the team behind Bitcoin scaling solution Core has announced the launch of the first licensed protocol, Z Protocol. It’s positioned as an EVM-compatible Layer 1 for the privacy chain Zcash, aimed at enhancing Zcash’s application layer capabilities and introducing more on-chain use cases. Z Protocol will adopt Core’s Satoshi Plus consensus mechanism, allowing Zcash stakers and PoW miners to jointly participate in network security validation. The team also plans to roll out foundational applications like private transactions, lending, the private stablecoin USDZ, and yield-generating tokens. https://(wublock123.com)/news/bitcoin-scaling-core-team-launches-z-protocol-licensed-consensus-58890