
StarkWare, the developer behind Starknet, has announced a significant initiative to scale Bitcoin using Zero-Knowledge Proofs (ZK-STARKs). This move will make Starknet the first network to settle simultaneously on both Bitcoin and Ethereum. The initiative includes a $1 million grant fund to support research into Bitcoin's OP_CAT proposal. Starknet aims to enhance Bitcoin's scalability, addressing one of its major challenges by increasing transaction throughput to thousands per second. Eli Ben-Sasson, who first introduced the concept at a 2013 Bitcoin conference, leads this effort. The integration is expected to be completed within six months, marking a pivotal moment in blockchain technology, potentially unifying the two largest cryptocurrencies and promoting financial autonomy.









Yesterday, @StarkWareLtd announced an ambitious plan to build an L2 that settles on Ethereum and Bitcoin simultaneously. In 2018, using STARKS to scale Ethereum was a theoretical concept which has since been converted into a practical reality. Yet again, we embark on the journey… https://t.co/6d3g0xMaLY https://t.co/YDounSQEin
What’s the chances? @StarkWareLtd announces #Bitcoin On Starknet then BTC got its second biggest ETFs inflow yesterday https://t.co/t2SwqYF4Vw https://t.co/DoiOx1Yo8F
Starkware Announces Plan to Enhance #Bitcoin Scalability Using Zero-Knowledge Proofs https://t.co/apuY0e19Zd