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StarkWare launches M research fund for ZK Bitcoin scaling

StarkWare launches $1M research fund for ZK Bitcoin scaling

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Source: Coin Telegraph

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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Author: Josh O'Sullivan