Starknet Unveils Bitcoin Privacy Solution strkBTC to Shield Balances and Transaction History
Published: · Source: hankyung.com
Key points
- Starknet, an Ethereum Layer 2 solution, unveiled strkBTC on May 15, a Bitcoin privacy solution designed to keep holders’ balances and transaction histories from being exposed on public blockchains.
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Starknet, an Ethereum Layer 2 solution, unveiled ‘strkBTC’ on May 15, a privacy solution designed to prevent Bitcoin holders’ balances and transaction histories from being disclosed on public blockchains. Because Bitcoin transactions occur on a public blockchain, address-based information can be visible externally. The solution was introduced as a way to reduce exposure of holder information and transaction records. The original report did not provide further figures on service architecture, supported scope, or usage terms. Source: hankyung.com cited a Bloomingbit report for the news.
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