According to official news from Starknet Foundation, the technical team of the Bitcoin settlement network Chakra Network has signed a strategic cooperation agreement with Starknet to jointly promote the development of Bitcoin infrastructure.
It is reported that Chakra can synchronize and settle Bitcoin status in a trustless manner based on ZK-Starks' proof, introduce Bitcoin liquidity to the Starknet mainnet, and support asset settlement of various protocols in the ecosystem. Currently, the first phase of the testnet has been launched based on Babylon to ensure the economic security of the future settlement layer.
At the same time, the Chakra technical team will also help Starknet implement parallelization and promote the development of its shared sorter.
Earlier today, it was reported that StarkWare will launch a $1 million fund, and it believes that OP_CAT is the safest way to expand Bitcoin.
