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Starknet and Chakra have reached strategic cooperation

Starknet and Chakra have reached strategic cooperation

Bitget2024/06/05 00:34
STRK-2.14%
The technical team behind Bitcoin settlement network Chakra Network have signed a strategic agreement with the Starknet Foundation to perform exploratory work that looks to push the frontiers around transaction parallelization consensus primitives with the Substrate stack.
 
Chakra’s proof based on ZK-Starks can trustlessly synchronize and settle Bitcoin states. This could introduce Bitcoin liquidity into the Starknet ecosystem and support asset settlements for various protocols in the ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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