Starknet Launches strkBTC to Advance Bitcoin Privacy in DeFi
Starknet has introduced strkBTC, a Bitcoin wrapper that integrates enhanced privacy features for DeFi without sacrificing performance. This development promises to enable private Bitcoin transactions while maintaining composability.
Starknet has launched strkBTC, a new Bitcoin wrapper that promises to bring enhanced privacy features to decentralized finance (DeFi) without compromising on performance. strkBTC allows for shielded balances and transfers, enabling private Bitcoin transactions within DeFi ecosystems. "Typically, there is a performance-privacy payoff. We are breaking that... there are many traditional Bitcoin wrappers, but strkBTC adds something different: privacy, delivered by the most privacy-literate team in the space," said Eli Ben-Sasson, Co-founder of StarkWare. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
