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Key milestone achieved by StarkWare's initiative by end of 2024?
4
Resolution / Starting Odds
Partnership with major financial institution • 33%
Successful scaling test results • 33%
Grant fund fully allocated • 33%
Official StarkWare announcements or relevant partnership disclosures
Story
StarkWare to Scale Bitcoin and Ethereum with $1 Million ZK-STARK Initiative
Jun 4, 2024, 01:36 PM
StarkWare has announced a significant initiative to scale Bitcoin using Zero-Knowledge Proofs (ZK-STARKs). The company plans to raise $1 million to support this effort, which aims to address Bitcoin's scalability challenges. Starknet, a network developed by StarkWare, will be the first to unify both Ethereum and Bitcoin, settling transactions on both blockchains simultaneously. The initiative is rooted in a vision first presented by Eli Ben-Sasson at a Bitcoin conference in 2013. Starknet's integration with Bitcoin will follow the OP_CAT upgrade, and the project includes a $1 million grant fund for OP_CAT research. This move is expected to enhance financial autonomy and provide a scalable solution for both Ethereum and Bitcoin.
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Increased Bitcoin scalability • 25%
Increased Ethereum scalability • 25%
Enhanced interoperability between Bitcoin and Ethereum • 25%
Research advancements • 25%
Individual researcher • 33%
Research institution • 33%
Blockchain development team • 34%
Increase in investment • 25%
Stable investment levels • 25%
Decrease in investment • 25%
Significant new partnerships • 25%
Bitcoin • 33%
Ethereum • 33%
Both Equally • 34%
Yes • 50%
No • 50%
Implementation of real-time rendering • 33%
Integration with major VR platforms • 33%
Release of an open-source version • 34%
