According to Odaily, Starknet has announced that it has become the first network to settle on both Bitcoin and Ethereum, expanding Bitcoin's transaction processing capacity to several thousand transactions per second. To support this vision, StarkWare has launched a $1 million fund to back relevant research.
In addition, Starknet has also announced a strategic partnership with Weikeng Chen of L2 Iterative Ventures (L2IV) through the ZeroSync Foundation. This partnership aims to leverage the team's practical approach in engineering and research expertise in contracts based on OP-CAT and Bitcoin scripts implemented in the open-source work of the STARK verifier.