On June 7th, Starknet clarified on the X platform regarding Starknet's entry into the Bitcoin extension layer: "Starknet will continue to focus on the expansion of Ethereum, and our goal has remained the same since Starknet's launch, which is to develop STARK proofs to enhance the scalability and integrity of the blockchain that we believe in."
Instead of creating a new layer or a new proprietary token on Bitcoin, Starknet will attempt to scale both the Bitcoin and Ethereum execution layers. Its security, governance, and ecosystem will all be driven by STRK tokens. "
Starknet: No new exclusive tokens will be created on Bitcoin
2024-06-07 09:09:11
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