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StarkWare launches $1M research fund for ZK Bitcoin scaling

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.

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BTC price all-time high above $94K comes amid Bitcoin sell-off warning

Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark Bid

Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark BidThe developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors of zero-knowledge proofs publicly chastise the developer. Community Backlash Ends Matter Labs’ ZK […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning

Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs

Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOsAfter the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated that the technology, which is now well-suited to support DAOs and the more mature […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning

Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages

Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived DisadvantagesAlthough zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning

Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing

Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join TestingThe blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning

Polygon Announces Zero-Knowledge Identity Platform for Web3

Polygon Announces Zero-Knowledge Identity Platform for Web3On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning