According to Foresight News, StarkWare announced that it is developing a plan to support Bitcoin expansion. Starknet will then support the expansion of both Bitcoin and Ethereum. To this end, StarkWare will launch a $1 million application fund, open to those who contribute to research for this purpose.
StarkWare stated that Bitcoin scaling is something that has been discussed for a long time within StarkWare, and the Bitcoin community’s OP_CAT technical proposal is sufficient for Bitcoin to support STARK scaling. StarkWare publicly supports OP_CAT, and its funding fund will also be used to promote research on OP_CAT, its benefits, and safe and beneficial adoption paths. StarkWare will publicly release a repository that showcases several OP_CAT-based primitives, indicating its participation in supporting the OP_CAT proposal.
