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IT's Big & Big #alert About Stark Raising $1 Million $BTC

StarkWare Is Raising $1 Million to Scale Bitcoin With Zero-Knowledge Proofs.

With a potential Bitcoin soft fork, writes Eli Ben-Sasson, the world's top crypto can fully realize Satoshi Nakamoto's vision.

“Bitcoin today is mighty, but still a fraction of what it can be—I want to see the full works," StarkWare CEO and co-founder Eli Ben-Sasson said in a prepared statement. “Scale Bitcoin and we unleash blockchain’s power to transform the world.”

The foundation of the Bitcoin- and Ethereum-scaling solution will be StarkNet, already established as a permissionless, decentralized rollup for Ethereum. Rollups bundle hundreds of thousands of transactions together off-chain and then verify them on-chain for a fraction of the cost.

Key to moving forward is a pending proposal to restore a Bitcoin blockchain command known as OP_CAT, which would allow developers to set conditions under which Bitcoin can later be spent—leading to solutions for automated payments, reversible transactions, and other features that are available via smart contracts on other blockchains.

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