StarkWare Project Introduces Zk Scaling Solution to Bitcoin Ecosystem OPCAT Named the Best Path for Bitcoin Scaling

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StarkWare Introduces Zk Rollups to Bitcoin
Team Discussed Internally for a Long Time
According to The Block’s report, blockchain technology developer StarkWare announced today that it will introduce zero-knowledge proof (Zk) scaling solutions to the Bitcoin ecosystem, allowing Starknet to settle on both Ethereum and Bitcoin simultaneously. StarkWare CEO and co-founder Eli Ben-Sasson stated in a declaration:
The team emphasizes that this plan will not create an additional blockchain network, but will utilize the same Starknet network with the same governance and token economics, and will be able to support Bitcoin scaling without a fork, allowing each dApp to choose which ecosystem it wants to build on.
Furthermore, StarkWare also announced a $1 million application fund for Bitcoin researchers interested in participating in the project, with applications opening in a few weeks.
The team shared with The Block that the plan for Bitcoin scaling has been discussed internally at StarkWare for a long time, with Ben-Sasson giving a speech on the topic at a Bitcoin conference as early as 2013.
StarkWare stated that Bitcoin was not ready for STARKs before, while Ethereum was, which is why StarkWare focused solely on Ethereum scaling. However, after the Bitcoin Taproot upgrade in November 2021, many “restrictive features” were removed, allowing for further experimentation and innovation. Ben-Sasson stated in the declaration:
Additionally, Ben-Sasson reiterated that the highly discussed opcode proposal in Bitcoin, OP_CAT, is the best path for Bitcoin scaling solutions.