Bitcoin's biggest challenge is scalability. StarkWare has a vision to change that.
The concept of STARK scaling for blockchains was first introduced by
@EliBenSasson
at a Bitcoin conference in early 2013.
It's now time to scale Bitcoin with ZK-STARK, making it more accessible
StarkHack is coming, and the Indian community is cooking ๐งโ๐ณ
If you're in Bangalore between June 13 - 26, swing by the BuildStation!
There, you will compete for the $125,000 prize pool, enjoy daily incentives, and make some amazing new connections๐บ
We know that you are as excited as we are to see what Starknet over Bitcoin means!
So, let's clarify things ๐ฆธ
Starknet will continue focusing on scaling Ethereum like we've done since launching its first Validity Rollup. We will notably continue our work in the ZK field as
StarkHack by
@ETHGlobal
is less than a week away! ๐
Take part in this 2-week online Hackathon to gain support from mentors, experts, and industry leaders!
P.S.: If that wasn't enough, there's also a $125,000 prize pool up for grabs ๐
Apply right here:
Bitcoin is on the verge of becoming finally scalable.
The key to this leap forward is OP_CAT, and house STARK will stand behind it for the fights to come ๐บ๐ฑ
Join us tomorrow at 3 PM UTC to learn more about our vision!
Why OP_CAT?
It allows concatenating strings.
Which allows Merkle path checking
Which is the heavy lifting of STARK verification
The "easy" part of STARK verification is 32-bit add/multiply, with the new Circle STARK math:
StarkWare announced plans for a
#Bitcoin
-centric ZK scaling effort
What you should know ๐
@StarkWareLtd
announced its plans to bring its ZK (zero-knowledge) scaling to Bitcoin, simultaneously scaling the network alongside Ethereum.
What's the scoop?
-Powered by OP_CAT: To
Impressive
From a 2013 Bitcoin conference in San Jose to today, spearheading efforts to scale Bitcoin in a trust-minimized way.
Super cool to see
@StarkWareLtd
still at the forefront, using mathematics to scale credible blockchains.
Over the past months, we have actively supported initiatives aimed at scaling Bitcoin and strengthening its ecosystem.
In reality, we have been major supporters of the Bitcoin network since the beginning:
๐
@Elibensasson
first introduced the subject of blockchain scaling
#StarknetOnBitcoin
๐บ- ๐บ
The Bitcoin Circle STARK verifier is progressing soooo fast.
@weikengchen
is such a beast it's insane.
Everything is open source.
This verifier is compatible with our next generation prover called STWO.
It will reshape the state of the art of the proving
Very excited to lay out this new unifying vision. A single rollup to rule them allโฆ
The details of the design we are contemplating are gonna be layed out in the next weeks/months but in the mid time, we will do our best to push OP_CATโฆ
#StarknetOnBitcoin
๐บ - ๐ฑ
We are excited to announce our StarkWare vision / proposal:
@Starknet
expanding to
#Bitcoin
!
More than 10 years ago, sir
@EliBenSasson
gave a talk during the Bitcoin 2013 conference in San Jose, in which he was already advocating for the use of ZK
StarkWare plans to scale Bitcoin with ZK-STARKs, making Starknet the first L2 to settle simultaneously on Bitcoin and Ethereum.
A world where Ethereum and Bitcoin unite to bring financial autonomy to everyone is not far away.