By supporting developers to build applications that can settle on both the Bitcoin and Ethereum networks using a single codebase, we will significantly expand the application scenarios of Bitcoin and make Ethereum's digital commons more inclusive through faster transactions, higher scalability, and lower costs.

Selected Highlights

• Introducing STARK proof technology to the Bitcoin network to significantly expand its application scenarios.

• Making Ethereum's digital commons more inclusive.

• Flexibly leveraging the strengths of both Ethereum and Bitcoin.

• The financial system in need of reshaping.

Starknet Foundation Aims to Build a World of Shared Power, Paid Creativity, and Equal Opportunities

As Starknet L2 gradually becomes the first protocol to support settlements on both Bitcoin and Ethereum, it is necessary to discuss this vision: how it has led us to where we are today and why we believe the Bitcoin network can help us achieve this vision.

The limitations of the current digital world are evident: funds, data, and power are concentrated in the hands of a few, making it difficult for most people to access opportunities and participate, leading to a lack of diversity, creativity, and innovation on the internet. This is not the original intention of the internet. However, as with the development of many things, we often turn a blind eye to problems due to familiarity with the status quo until the system shows cracks.

The Rise of Digital Gold

The 2008 financial crisis was such a moment of systemic collapse. We paid a heavy price to see the limitations of the traditional financial system: the inability to establish absolute trust in financial institutions and the urgent need for a mechanism that allows everyone to take control of their own assets. Thus, Bitcoin was born.

In 2009, Bitcoin was launched, ushering in a long-envisioned but unachieved new financial era. For the first time, we had a truly global currency system—free from intermediaries, traditional bank accounts, and government intervention and regulation. This community-driven monetary system is open to everyone, regardless of wealth, social status, or nationality.

Like many emerging technologies, Bitcoin faced early technical bottlenecks and negative impacts from malicious participants, both of which constrained its adoption. Slow transaction speeds, complex user experiences, limited token use cases, and the early label of "mainly used for illegal activities" all became obstacles to Bitcoin's development. Therefore, although Bitcoin has always been well-known to the public, it has never broken through the mainstream market and failed to unleash its full potential to change the world.

The Birth of a Global Public Infrastructure

Six years after Bitcoin's inception, another important player in the blockchain space emerged. Unlike Bitcoin, which focuses solely on monetary attributes, Ethereum aims to build a global public infrastructure platform where people can create decentralized applications ranging from monetary systems to identity verification and governance mechanisms. In a sense, Ethereum is a global computer. However, like Bitcoin, Ethereum was initially limited by its own technical bottlenecks: complex user experiences, new conceptual frameworks, and a completely new programming language all restricted Ethereum's early adoption.

To this day, although numerous L1, L2, and L3 solutions have emerged on the market, Bitcoin and Ethereum remain the largest and most influential projects in the Web3 space and are the most likely forces to popularize this world-changing technology to everyone. This is where Starknet comes into play.

Scaling Web3

Although Starknet was initially deployed on Ethereum, it is not exclusive to Ethereum. Starknet aims to use STARK proof technology to provide scaling solutions for any blockchain, creating a secure and trustworthy digital world through full verifiability. From the beginning of the project, we have envisioned that this possibility also applies to the Bitcoin network. After years of research and exploration, we are now finally able to put this vision into practice.

Starknet is building the necessary infrastructure and establishing the corresponding partnerships, which marks a significant progress and is truly exciting. But perhaps even more exciting is the new possibilities this step will bring and its significance to the entire digital world.

New Foundations for the Digital World

By supporting developers to build applications that can settle on both the Bitcoin and Ethereum networks using a single codebase, we will significantly expand the application scenarios of Bitcoin and make Ethereum's digital commons more inclusive through faster transactions, higher scalability, and lower costs. For the first time, developers have the freedom to choose between the two major blockchains—flexibly leveraging the strengths of both Ethereum and Bitcoin according to specific application scenarios.

Satoshi's original vision was to build a digital peer-to-peer payment system that can operate on a large scale without centralized institutions, but this has not been fully realized to date. By introducing STARK proof technology to the Bitcoin network, we are helping to fully realize this technological blueprint. This will trigger a huge transformation in financial inclusion and pave the way for a complete reshaping of the digital world.

By supporting developers to build applications that can settle on both the Bitcoin and Ethereum networks using a single codebase, we will significantly expand the application scenarios of Bitcoin and make Ethereum's digital commons more inclusive through faster transactions, higher scalability, and lower costs.

Selected Highlights

• Introducing STARK proof technology to the Bitcoin network to significantly expand its application scenarios.

• Making Ethereum's digital commons more inclusive.

• Flexibly leveraging the strengths of both Ethereum and Bitcoin.

• The financial system in need of reshaping.

Starknet Foundation Aims to Build a World of Shared Power, Paid Creativity, and Equal Opportunities

As Starknet L2 gradually becomes the first protocol to support settlements on both Bitcoin and Ethereum, it is necessary to discuss this vision: how it has led us to where we are today and why we believe the Bitcoin network can help us achieve this vision.

The limitations of the current digital world are evident: funds, data, and power are concentrated in the hands of a few, making it difficult for most people to access opportunities and participate, leading to a lack of diversity, creativity, and innovation on the internet. This is not the original intention of the internet. However, as with the development of many things, we often turn a blind eye to problems due to familiarity with the status quo until the system shows cracks.

The Rise of Digital Gold

The 2008 financial crisis was such a moment of systemic collapse. We paid a heavy price to see the limitations of the traditional financial system: the inability to establish absolute trust in financial institutions and the urgent need for a mechanism that allows everyone to take control of their own assets. Thus, Bitcoin was born.

In 2009, Bitcoin was launched, ushering in a long-envisioned but unachieved new financial era. For the first time, we had a truly global currency system—free from intermediaries, traditional bank accounts, and government intervention and regulation. This community-driven monetary system is open to everyone, regardless of wealth, social status, or nationality.

Like many emerging technologies, Bitcoin faced early technical bottlenecks and negative impacts from malicious participants, both of which constrained its adoption. Slow transaction speeds, complex user experiences, limited token use cases, and the early label of "mainly used for illegal activities" all became obstacles to Bitcoin's development. Therefore, although Bitcoin has always been well-known to the public, it has never broken through the mainstream market and failed to unleash its full potential to change the world.

The Birth of a Global Public Infrastructure

Six years after Bitcoin's inception, another important player in the blockchain space emerged. Unlike Bitcoin, which focuses solely on monetary attributes, Ethereum aims to build a global public infrastructure platform where people can create decentralized applications ranging from monetary systems to identity verification and governance mechanisms. In a sense, Ethereum is a global computer. However, like Bitcoin, Ethereum was initially limited by its own technical bottlenecks: complex user experiences, new conceptual frameworks, and a completely new programming language all restricted Ethereum's early adoption.

To this day, although numerous L1, L2, and L3 solutions have emerged on the market, Bitcoin and Ethereum remain the largest and most influential projects in the Web3 space and are the most likely forces to popularize this world-changing technology to everyone. This is where Starknet comes into play.

Scaling Web3

Although Starknet was initially deployed on Ethereum, it is not exclusive to Ethereum. Starknet aims to use STARK proof technology to provide scaling solutions for any blockchain, creating a secure and trustworthy digital world through full verifiability. From the beginning of the project, we have envisioned that this possibility also applies to the Bitcoin network. After years of research and exploration, we are now finally able to put this vision into practice.

Starknet is building the necessary infrastructure and establishing the corresponding partnerships, which marks a significant progress and is truly exciting. But perhaps even more exciting is the new possibilities this step will bring and its significance to the entire digital world.

New Foundations for the Digital World

By supporting developers to build applications that can settle on both the Bitcoin and Ethereum networks using a single codebase, we will significantly expand the application scenarios of Bitcoin and make Ethereum's digital commons more inclusive through faster transactions, higher scalability, and lower costs. For the first time, developers have the freedom to choose between the two major blockchains—flexibly leveraging the strengths of both Ethereum and Bitcoin according to specific application scenarios.

Satoshi's original vision was to build a digital peer-to-peer payment system that can operate on a large scale without centralized institutions, but this has not been fully realized to date. By introducing STARK proof technology to the Bitcoin network, we are helping to fully realize this technological blueprint. This will trigger a huge transformation in financial inclusion and pave the way for a complete reshaping of the digital world.