'Private Bitcoin' to Launch on Starknet With Zcash-Like Features
#DeFi
Starknet is introducing strkBTC, a Bitcoin-based asset focused on privacy within the Ethereum layer-2 network. This wrapped token uses zero-knowledge proofs to shield balances and confidential transfers, similar to Zcash. It features optional transparency through a viewing key for compliance and supports DeFi applications like staking. The system relies on atomic swaps via Atomiq Labs to reduce third-party risks associated with traditional bridges.
Decrypt News DeFi 'Private Bitcoin' to Launch on Starknet With Zcash-Like Features Starknet revealed a Bitcoin-based asset aimed at enabling people to better maintain their privacy on the Ethereum layer-2 scaling network. By AndrΓ© Beganski Edited by Andrew Hayward Feb 26, 2026 Feb 26, 2026 3 min read Source: Decrypt/Shutterstock Create an account to save your articles. Add on Google Add Decrypt as your preferred source to see more of our stories on Google. In brief Starknet will support a Bitcoin-based asset that enables better privacy The token will be called strkBTC, and it will feature Zcash-like features It will have a viewing key for compliance purposes. Starknet revealed a Bitcoin -based asset on Thursday aimed at enabling people to better maintain their privacy on the Ethereum layer-2 scaling network . The upcoming token dubbed strkBTC will allow individuals to shield account balances from public view and make confidential transfers, according to a press release shared with Decrypt by the Starknet Foundation and StarkWare, the networkβs creators. Even when the token is held in a way that makes it more difficult to track, strkBTC is designed to maintain its functionality across various decentralized finance applications. Users will also be able to stake the token on the network to earn rewards, the press release stated.
