StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general.
StarkWare has announced ambitious plans to bring mass use to Bitcoin using zero-knowledge (ZK) technology backed by a $1 million research fund.
The initiative seeks to scale Bitcoin and Ethereum simultaneously using ZK technology — specifically, Scalable Transparent Argument of Knowledge (STARK) cryptography.
StarkWare’s announcement aims to further Satoshi Nakamoto’s vision by enabling everyday micropayments and creating a scalable solution to support global Bitcoin (BTC) transactions.