According to Odaily Planet Daily, Starknet announced that it has become the first network to settle on both Bitcoin and Ethereum, and expand Bitcoin's transaction processing capacity to thousands of transactions per second. To support this vision, StarkWare announced the launch of a $1 million fund to support related research. In addition, Starknet also announced a strategic partnership with Weikeng Chen of L2 Iterative Ventures (L2IV) through the ZeroSync Foundation, leveraging his team's practical approach to engineering and research expertise to open source work on STARK validators implemented in OP-CAT-based contracts and Bitcoin scripts.
