StarkWare has announced a $1 million research fund aimed at promoting the use of zero-knowledge (ZK) technology to scale Bitcoin. The initiative seeks to advance research into OP_CAT and demonstrate its potential benefits for Bitcoin and the broader blockchain community.
StarkWare‘s goal is to enable mass adoption of Bitcoin and Ethereum through the use of ZK technology, specifically Scalable Transparent Argument of Knowledge (STARK) cryptography.
“We aren’t Ethereum maxis; we are scaling maxis,” StarkWare emphasized.
The announcement highlights StarkWare’s commitment to furthering Satoshi Nakamoto’s vision by enabling everyday micropayments and creating a scalable solution to support global Bitcoin transactions.
Summary Review: StarkWare‘s launch of a $1 million research fund marks a significant step towards advancing the scalability of Bitcoin using zero-knowledge (ZK) technology. With a focus on OP_CAT research and Scalable Transparent Argument of Knowledge (STARK) cryptography, StarkWare aims to bring mass adoption to Bitcoin while staying true to Satoshi Nakamoto’s original vision. This initiative holds the potential to revolutionize Bitcoin transactions, enabling everyday micropayments and supporting the growth of the blockchain community at large.
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