According to ChainCatcher, the Web3 verifiable settlement protocol Pi Squared has officially launched the VSL development network, providing a verifiable execution framework for decentralized computing. This network has three core functions:
Cross-chain Interoperability: Achieve secure asset cross-chain transfers through the integration of the Wormhole native token transfer framework; Blockchain Mirroring: Synchronize the state of the Ethereum and Bitcoin networks to support multi-chain application development; Trusted AI Execution: Ensure the verifiability of AI agent computations based on trusted execution environment technology.
Developers can utilize this platform to build blockchains, AI, and multi-chain applications that support cross-domain verification. Founder and CEO Grigore Rosu stated that this development network aims to address the fragmentation and trust deficit issues in the current blockchain ecosystem.
The project team has simultaneously launched a strategic financing plan and previously secured $12.5 million in seed round investment. According to Dan Reecer, co-founder of the Wormhole Foundation, both parties are collaborating to advance the construction of a seamless cross-chain verification system.