The Ethereum layer 2 Starknet puts the basis to settle in Bitcoin and Ethereum to unite the two largest blockchains in a single layer.
The Starknet Foundation Says On his roadmap in Bitcoin whose goal is aimed at becoming Starknet Bitcoin’s implementation layerSscale it from 13 transactions per second to thousands, reducing blocks and gas fees, and creating a better user experience.
“Most Bitcoins are now sitting static in purses and exchanges, which are forced by the limits of the original network design: a lack of scalability and an inability to folk support applications beyond simple purchase, sale, and transfer,” the foundation said.
It added that while some investors view Bitcoin as “digital gold,” it believes that “there is a request for bitcoin use for purposes beyond there.”
Source: Starknet
Previously, Starkware CEO Eli Ben Sasson, the company behind the proof that contributed to the development of Starknet, said On_catAn opcode of Satoshi -ra for unlocking Bitcoin programmability programmability disabled with security concerns, Will allow Starknet to settle In Bitcoin Blockchain.
Successfully, Starknet said the transition would allow developers to develop Bitcoin network applications through smart contracts and enable applications such as staking, borrowing, lending, leveraged trading, and yield farming.
As part of the announcement, Starkware said it joined the increasing number of companies in creating a Bitcoin (Btc) reserve, holding a Growing part of its treasury In Crypto.
Source: Ameen listen
Starknet will also work together Bitcoin Web3 Wallet Xverse, with founder and CEO Ken Liao said the integration, set for the second quarter of 2025, will achieve the “Defi Take-off moment of Bitcoin.”
Xverse Says Purses need to be more than just storage solutions; and allow easy access to the growing utility of Bitcoin. Liao said in a statement that the endgame was unbelievable defi in Bitcoin.
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“In today’s environment, there is a temptation for purse teams to say, ‘Yes, let’s just focus on the easier for people to use Bitcoin as a value store,'” Liao said.
“But Bitcoin’s long -term future also includes the utility, and that is why layer 2 solutions should reach the public through the purses they really use,” he added.
Meanwhile, in a March 11 X space discussing Starknet’s plan, Ethereum co-founder Vitalik Blerin Says A valid Bitcoin L2 that can satisfy the required security features is “rebuilding crypto payments, and all cases of use can work.”
Starknet in Bitcoin and Ethereum https://t.co/tcyqdhy7yr
– Starkware 🐺🐱 (@starkwareltd) March 11, 2025
Buterin said there is a “large amount” in enabling the unbelievable flow of genitals between the Bitcoin and the Ethereum ecosystem, as are the easier paths for decentralized exchanges.
“If you return to white paper, Bitcoin is meant to be a peer-to-peer electronic cash system, and obviously, Layer 1 is not measured enough for it,” Blerin said.
“I think we also saw some of the limits of lightning network and the kind of approach.”
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