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Starknet Unveils strkBTC Bitcoin Privacy Solution for On-Chain Data

Published: · Source: hankyung.com

Starknet Unveils strkBTC Bitcoin Privacy Solution for On-Chain Data
TL;DR: Starknet unveiled strkBTC on May 15, a Bitcoin privacy solution designed to prevent holders’ balances and transaction histories from being exposed on public blockchains.

Starknet, an Ethereum layer-2 solution, unveiled ‘strkBTC’ on May 15 as a privacy solution for Bitcoin holders. The solution is designed so that Bitcoin holders’ balances and transaction histories are not disclosed on public blockchains. Because address-based information can be visible on public blockchains, Starknet is focusing strkBTC on reducing the scope of on-chain information exposed for Bitcoin users. Hankyung, citing Bloomingbit, reported the launch of Starknet’s strkBTC. Source: hankyung.com

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