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Starknet announces entering the fourth phase: introducing privacy breakthroughs and Bitcoin interoperability
Odaily Planet Daily reports that StarkWare has announced that Starknet has officially entered its fourth phase, with the goal of achieving a faster, more decentralized, and more private network, while also strengthening its connection to Bitcoin. Highlights of this phase include the STRK20 framework that supports ERC20 privacy features and the strkBTC asset that is redeemable for native Bitcoin, providing private transaction options. In addition, Starknet v0.15.0 will introduce decentralized block validation, and Staking v3 and v4 will gradually work toward full decentralization of the network.
In addition, Starknet is also proceeding with Bitcoin’s OP_CAT upgrade to enable trustless settlement, and is researching more Bitcoin bridging solutions, such as BitVM and ColliderVM, to promote the development of Bitcoin DeFi on Starknet. At the same time, the S-two verifier will further optimize client proof verification, driving network scaling and privacy protection. Starknet is also committed to achieving comprehensive quantum security, preparing blockchain and Bitcoin for the post-quantum computing era.