Scaling Bitcoin for Mass Adoption with Zero-Knowledge Proofs
Verification of Bitcoin’s First Zero-Knowledge Proof
- StarkWare has verified Bitcoin’s first zero-knowledge (ZK) proof.
- This is part of a plan by Starknet core developers to scale Bitcoin for mass adoption.
According to details published on X on Wednesday, StarkWare achieved a historic feat by completing the first zero-knowledge proof verification on the Bitcoin network.
Utilizing Zero-Knowledge Proofs for Scaling Bitcoin
StarkWare announced in June its plan to use ZK proofs to scale Bitcoin for mass adoption. By introducing new scaling solutions, decentralized applications (dApps) can now choose between Bitcoin and Ethereum.
StarkWare aims for Starknet to become the first network capable of settling transactions for both Bitcoin and Ethereum simultaneously, scaling Bitcoin to thousands of transactions per second. This ambitious goal is set to be achieved within six months of a potential Bitcoin upgrade known as OP_CAT.
Investing in Bitcoin Scalability
In support of their scaling efforts, StarkWare provided $1 million in application funding in June, specifically focusing on research surrounding OP_CAT. The company’s executive, Long Eli Ben-Sasson, expressed his vision for Bitcoin to reach new levels of scalability, enabling participation for all without economic barriers.
As StarkWare continues to innovate and push the boundaries of blockchain technology, the prospect of Bitcoin becoming a widely adopted and highly scalable digital currency grows closer to reality.
