Search results for strkBTC
Crypto
Charles Hoskinson says no dominant player in Bitcoin DeFi, sees opening for Cardano
Charles Hoskinson has pointed to Bitcoin DeFi (BTCFi) as a key growth area where Cardano can gain an early lead. He said no project currently dominates the competition and argued Cardano already has the right technology and a head start. The focus in BTCFi is bringing Bitcoin liquidity into DeFi while reducing reliance on centralised custodians and weak bridge designs. He also cited Cardano’s Midnight partner chain and recent atomic swap progress.
Crypto
Starknet launches Bitcoin privacy asset strkBTC with audit response features
Starknet has formally launched strkBTC, a Bitcoin-based asset designed to support private balances and confidential transfers. It is built to provide privacy features while maintaining compatibility with decentralised finance applications. The asset is a Bitcoin-wrapped token operated on Starknet rather than on Bitcoin’s base layer. Starknet said it uses zero-knowledge cryptography to protect balances and transaction history while still enabling responses to audits, tax reporting and legal requirements.
Crypto
How Ethereum layer2 can differentiate from layer1? Starknet\'s privacy push in focus
Competition among Ethereum layer2 networks has entered a new phase as Vitalik Buterin puts more weight on strengthening layer1. That leaves layer2 chains needing to differentiate in areas Ethereum cannot or does not pursue. A key word Buterin highlighted is privacy. Crypto media Bankless pointed to Starknet, a layer2 developed by StarkWare, and its STRK20 standard that makes ERC-20 tokens private by default through a “privacy pool.”
