Bitcoin holders can now hide more of their activity, but only by trusting new...
Starknet’s strkBTC launch highlights a broader Bitcoin privacy tradeoff, where the fastest way to shield BTC may be to move it into wrappers, sidechains or e-cash systems that add new trust ****** umptions.
Cover art/illustration via CryptoSlate. Image includes combined content which may include the use of AI tools.
Starknet launched strkBTC on May 12, locking BTC on Bitcoin's base layer to back an ERC-20 token that brings shielded balances into a smart contract environment at scale.
The token runs in the public mode, where it behaves like any other wrapped Bitcoin ****** et, and shielded mode, where users can hide selected balances and transfers from outside observers.
Starknet routes viewing keys to an independent third-party auditor, preserving selective disclosure when regulators or counterparties require it.
https://cryptoslate.com/bi...
Starknet’s strkBTC launch highlights a broader Bitcoin privacy tradeoff, where the fastest way to shield BTC may be to move it into wrappers, sidechains or e-cash systems that add new trust ****** umptions.
Cover art/illustration via CryptoSlate. Image includes combined content which may include the use of AI tools.
Starknet launched strkBTC on May 12, locking BTC on Bitcoin's base layer to back an ERC-20 token that brings shielded balances into a smart contract environment at scale.
The token runs in the public mode, where it behaves like any other wrapped Bitcoin ****** et, and shielded mode, where users can hide selected balances and transfers from outside observers.
Starknet routes viewing keys to an independent third-party auditor, preserving selective disclosure when regulators or counterparties require it.
https://cryptoslate.com/bi...
22 days ago
