Starknet Releases strkBTC for Bitcoin Privacy in DeFi

Starknet has released strkBTC, a Bitcoin wrapper that integrates enhanced privacy features for decentralized finance (DeFi) without compromising performance. strkBTC supports shielded balances and transfers. This allows private Bitcoin transactions within DeFi ecosystems. Usually, there is a tradeoff between performance and privacy. We are breaking that assumption. There are many standard Bitcoin wrappers, but strkBTC is different. It focuses on privacy, implemented by a team with deep expertise in this domain. We see this as a necessary step for financial privacy. I suggest we monitor how this affects transaction costs and latency on the network. The integration with existing DeFi contracts is critical. We need to verify that the privacy layer does not introduce new failure modes.