StarkWare scales Bitcoin using ZK-STARK technology.
The company behind StarkNet, StarkWare, intends to make the L2 network a single scaling layer for the first cryptocurrency along with Ethereum.
The latest version of OP_CAT for community discussion is proposed in October 2023. In April, the update received the official name BIP-347. However, this does not mean that it will eventually be implemented.
“Once OP_CAT is accepted, implementing the STARK verifier into the Bitcoin script will become a reality. This will pave the way for secure and self-hosted movement between the first cryptocurrency blockchain and StarkNet, creating a single scaling layer for both Ethereum and BTC,” wrote Ben-Sasson
In his opinion, the use of the company’s ZK-STARK technology will allow Bitcoin to achieve “many thousands of transactions per second.”
He noted that the idea of introducing zero-knowledge proofs into the network of the first cryptocurrency first came to him in 2013. Since then, StarkWare has supported a number of projects in this direction, such as ZeroSync
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