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![Itz_SPEEDO Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1785283793391075328.png) SPEEDO〽️ (✧ᴗ✧) [@Itz_SPEEDO](/creator/twitter/Itz_SPEEDO) on x 3515 followers
Created: 2025-07-15 19:31:21 UTC

𝘾𝙞𝙩𝙧𝙚𝙖 𝙄𝙣𝙘𝙚𝙣𝙩𝙞𝙫𝙞𝙨𝙚𝙙 𝙏𝙚𝙨𝙩𝙣𝙚𝙩 🔥! 
Citrea (@citrea_xyz) just announced their incentivised testnet 

✅️ Citrea raised $14M in their just concluded series A round 

what is Citrea building⤵️

Citrea is building the first zero-knowledge (ZK) rollup specifically for the Bitcoin network. Its primary goal is to bring scalable smart contracts and DeFi capabilities to Bitcoin without altering its base layer. Citrea achieves this by processing numerous transactions off-chain and then submitting cryptographic proofs to the Bitcoin blockchain, leveraging Bitcoin's inherent security. This innovative approach aims to dramatically increase transaction throughput, reduce fees, and enable more complex applications on Bitcoin, ultimately making it a more versatile foundation for global finance.

Note: Access is gated (invite only)
To gain access, 
visit:
Enter your email address and request for invite code

I got the invite code immediately I filled it (do it now!)

Testnet goes live on 17th, so keep your code safe!

that's all for now!
have notification 🔔 on

![](https://pbs.twimg.com/media/Gv7BM2FW4AAt94e.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945204558004670500/c:line.svg)

**Related Topics**
[capabilities](/topic/capabilities)
[zk](/topic/zk)
[seed funding](/topic/seed-funding)
[$14m](/topic/$14m)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/Itz_SPEEDO/status/1945204558004670500)