StarkWare Launches $1M Fund to Promote ZK Bitcoin Scaling Research

StarkWare's new initiative aims to enhance Bitcoin scalability using zero-knowledge cryptography
StarkWare Launches $1M Fund to Promote ZK Bitcoin Scaling Research
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StarkWare has unveiled a $1 million research fund dedicated to exploring zero-knowledge (ZK) technology to scale Bitcoin. The fund seeks to advance Scalable Transparent Argument of Knowledge (STARK) cryptography, enhancing Bitcoin's transaction capabilities while remaining true to Satoshi Nakamoto's vision. StarkWare's CEO, Eli Ben-Sasson, emphasized the importance of scaling Bitcoin for global adoption and maintaining integrity in digital finance. The fund also supports the OP_CAT proposal, which, if approved, could facilitate the integration of STARK scaling solutions into Bitcoin.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.

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