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Home»Bitcoin»Starknet chooses Bitcoin and Ethereum as the unifying chains

Starknet chooses Bitcoin and Ethereum as the unifying chains

Bitcoin By Gavin12/03/2025
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Ethereum layer 2 Starknet has laid the foundations to combine Bitcoin and Ethereum on one layer.

Starknet Foundation said Starknet is a goal that the company has stated in its Bitcoin roadmap of March 11, 2019. Bitcoin’s execution layerThe number of transactions has increased from 13 per second to thousands. Gas and block fees have been reduced, as well as the user interface.

“Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network’s original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” “The foundation” said.

While some investors see Bitcoin as a currency, others view it as a cryptocurrency. “digital gold,” It is a fact “there is a demand for utilizing Bitcoin for purposes beyond that.”

Source: Starknet

StarkWare CEO Eli Ben Sasson previously said: OP_CATThe Satoshi era opcode to unlock programmability in Bitcoin was deactivated due to concerns about security. would allow Starknet to settle Bitcoin Blockchain 

Starknet stated that if the project is successful, developers will be able to create applications for the Bitcoin network using smart contracts. This includes applications like staking and lending.

StarkWare has announced it is joining the ever-growing number of businesses in creating an official Bitcoin (BTCReserve, Holding a growing portion of its treasury Cryptography

Source: Ameen Soleimani

Starknet is also partnering with Bitcoin Web3 wallet Xverse CEO Ken Liao, whose company founded Xverse in 2010, said that integration will be completed by the end of the 2025 second quarter. “DeFi take-off moment.”

Xverse said Wallets should be more useful than mere storage and give easy access the growing Bitcoin utility. Liao, in a recent statement, said that Bitcoin’s endgame was trustless DeFi.

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“In today’s environment, there is a temptation for wallet teams to say, ‘yeah, let’s just focus on making it easier for people to use Bitcoin as a store of value,'” Liao said.

“But the long-term future of Bitcoin also includes utility, and that’s why layer 2 solutions must reach the public via the wallets they actually use,” He also added.

Vitalik Buterin, co-founder of Ethereum, discussed Starknet in a space on March 11, discussing the plan. said A Bitcoin L2 with the required security properties could be a good solution. “make crypto payments great again, and all those use cases can work.”

Starknet Bitcoin and Ethereum https://t.co/tCyQDHY7Yr

— StarkWare 🐺🐱 (@StarkWareLtd) March 11, 2025

Buterin stated that there are a “lot of value” The decentralized exchange can be made easier by enabling a trustless transfer of assets from the Bitcoin to Ethereum ecosystems.

“If you go back to the white paper, Bitcoin was meant to be a peer-to-peer electronic cash system, and obviously, layer 1 is not nearly scalable enough for that,” Buterin said.

“I think we’ve also seen some of the limits of the Lightning Network and that kind of approach.”

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