For the First Time in History, a ZK Proof has been Verified on Bitcoin Signet!

Yesterday, we announced the successful launch of our Stwo Verifier on Bitcoin Signet.

Now, it's time to decrypt all the details 🤓

👇🧵 In May, StarkWare, @weikengchen & @l2iterative teamed up to contribute a STARK verifier in Bitcoin script 👨‍🔬

The goal? To explore the use cases of OP_CAT 🐱🐺

If you don’t know why we’re talking about Bitcoin, here’s the context:

https://x.com/StarkWareLtd/status/1797985467666940265

Hello devs! 🥰
Writing your #Starknet contract?
Starknet Devnet by @0xSpaceShard is now up to date with the latest version of Starknet v0.11.0 🫡

https://twitter.com/0xSpaceShard/status/1639246754729312256

Here is a useful tutorial to guide you with Starknet Hardhat Plugin
spaceshard.io/blog/starknet-…

Account Abstraction is transforming crypto!

Say goodbye to seed phrases & hello to multi-factor authentication, plug-ins, fee payment in any token & more. 🔐

Welcome to the new era of simple & secure transactions. Account Abstraction is a revolutionary new technology that enables users to have full control of their cryptocurrency, while making transactions as secure and simple as possible.

Exciting news!

@Visa has been exploring the potential of blockchain and web3 technologies to enhance the payments experience for its users, using #StarkNet to do so. To stay engaged and contribute to the technical development in the crypto ecosystem, the company has been deep diving into web3 infrastructure and blockchain protocols.

Scale 👏 rinse 👏 repeat - Recursion!

The SHARP prover switched on Recursion and hyper-scaling just became a reality!

Every proof of many txs can be rolled up with others into a single proof

What is it and how does it lead to better scaling, L3, and other improvements?
🧵 The usual STARK scaling process includes the following:
Off-chain:
1. Validate transactions’ correctness
2. Generate a proof for this validation

On-chain:
3. Verify this proof

So now we add recursion to the proving part and get magic!🎩
>>

It’s here. It’s happening.
#StarkGate Alpha is live on Mainnet.
✨🌉

You can move assets from Ethereum Mainnet to #StarkNet Alpha, and the other way around.

We urge you to read the following thread and to tread carefully👀
medium.com/starkware/star… Both #StarkNet Alpha and #StarkGate Alpha are new and complex systems.

They have not been fully audited.
They are not battle-tested yet.
In their Alpha forms, we cannot guarantee StarkNet or StarkGate will not be buggy.
Be careful.🙏

Free the devs!
Many constraints restrict dApp development on L1
WAY too limited by what we can build & how much it costs
It’s like a dam holds back blockchain innovation
StarkNet has lifted dam; we see creativity flowing
General computation & massive scale➡️anything’s possible Gaming:🎮

Game-makers’ basements are labs for future of blockchain.

L2 empowers them to boundless creativity.

Limitations end as fun begins, it seems StarkNet is becoming blockchain’s amusement park 🎡🎢🎠

Games are the trailblazers of decentralization

This just in from our presentation at the ZK-Summit in Berlin #ZK0x03:
1/ StarkDEX, our settlement engine for non-custodial exchanges (DEXes) is now able to settle over 500 trades/second, costing less than 1,000 gas per trade. 2/ That’s 200X more trades than Ethereum can currently settle (and 10X better than we reported six weeks ago at the Stanford Blockchain Conference).

1/ We're delighted to announce StarkWare has been awarded a BIG milestone/performance-based grant from the Ethereum Foundation (more details at a later date) 2/ Ethereum continues to lead in placing big bold bets on game-changing technologies