StarkWare Completes Historic Zero-Knowledge Proof Verification on Bitcoin Network
- 王林Original
- 2024-07-19 11:49:30868browse
StarkWare has achieved a historic feat by completing the first zero-knowledge proof verification on the Bitcoin network, according to the details
Blockchain technology company StarkWare has achieved a historic feat by completing the first zero-knowledge proof verification on the Bitcoin network, according to the details posted on X's website on Wednesday.
The blockchain developer revealed that after months of exploring, its developers have managed to verify the first ZK proof using a new STARK verifier, Stwo Verifier on OP_CAT-enabled Bitcoin Signet. It’s the first of many steps in the quest to scale Bitcoin.
StarkWare announced in June that the company was looking to scale Bitcoin for mass adoption using ZK proofs. With the new scaling solution, dApps can decide to settle on Bitcoin or Ethereum.
“Starknet will become the first network to settle simultaneously on Bitcoin and Ethereum and scale Bitcoin to many thousands of transactions per second. This will happen within six months after the potential Bitcoin upgrade, OP_CAT,” StarkWare CEO Eli Ben-Sasson wrote.
StarkWare offered a $1 million application grant targeted at research efforts around an OP_CAT in June.
“My dream is to see Bitcoin attain the scale it needs to serve everyone, constantly. This involves opening it up to participation for all, without financial barriers to entry. I believe it must happen with steadfast adherence to Satoshi’s insistence on decentralization and security,” Ben-Sasson added.
Share this article
Categories: Bitcoin, StarkWare
Tags: Bitcoin, BTC, StarkWare, ZK proofs, Layer 2, Scaling, OP_CAT, Bitcoin Signet
The above is the detailed content of StarkWare Completes Historic Zero-Knowledge Proof Verification on Bitcoin Network. For more information, please follow other related articles on the PHP Chinese website!