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Starknet has launched a new asset, strkBTC, based on the "Bitcoin," which supports balance obfuscation and private transactions.
26/02/2026 08:03
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Svmuu News: Starknet, a Layer 2 network for the Ethereum developed by StarkWare, has announced the launch of a new asset, strkBTC, based on the Bitcoin. This asset supports balance masking and private transactions while maintaining full composability within decentralized finance (DeFi) applications.Reportedly, strkBTC allows Bitcoin holders to interact on Starknet DeFi while protecting transaction amounts and counterparties from public view. The system issues strkBTC deterministically based on verifiable Bitcoin deposits, preventing arbitrary control during the issuance process. (The Block)
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