Ethereum layer 2 Starknet is laying the groundwork to choose Bitcoin and Ethereum to unify the 2 largest blockchains on a single layer.

The Starknet Foundation said in its March 11 Bitcoin roadmap that it’s aiming for Starknet to turn out to be Bitcoin’s execution layer, scaling it from 13 transactions per second to hundreds, decreasing blocks and gasoline charges, and creating a greater consumer expertise.

“Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network’s original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” the inspiration stated.

It added that whereas some buyers view Bitcoin as “digital gold,” it believes “there is a demand for utilizing Bitcoin for purposes beyond that.”

Previously, StarkWare CEO Eli Ben Sasson, the corporate behind the STARK proof that contributes to the event of Starknet, stated OP_CAT, a Satoshi-era opcode for unlocking programmability on Bitcoin that was disabled over safety issues, would allow Starknet to settle on the Bitcoin blockchain. 

If profitable, Starknet stated the transfer would enable builders to construct purposes on the Bitcoin community via good contracts and allow purposes equivalent to staking, borrowing, lending, leveraged buying and selling, and yield farming.

As a part of the announcement, StarkWare stated it has joined the rising variety of companies in making a Bitcoin (BTC) reserve, holding a growing portion of its treasury in crypto.

Starknet may also group up with Bitcoin Web3 wallet Xverse, whose founder and CEO Ken Liao stated the mixing, slated for the second quarter of 2025, will obtain Bitcoin’s “DeFi take-off moment.”

Xverse said wallets have to be extra than simply storage options; and permit easy accessibility to Bitcoin’s rising utility. Liao stated in a press release that the endgame is trustless DeFi on Bitcoin.

Related: Unknown attacker causes headaches during Pectra upgrade on Sepolia

“In today’s environment, there is a temptation for wallet teams to say, ‘yeah, let’s just focus on making it easier for people to use Bitcoin as a store of value,’” Liao stated.

“But the long-term future of Bitcoin also includes utility, and that’s why layer 2 solutions must reach the public via the wallets they actually use,” he added.

Meanwhile, in a March 11 X house discussing Starknet’s plan, Ethereum co-founder Vitalik Buterin said a correct Bitcoin L2 that may fulfill the wanted safety properties would “make crypto payments great again, and all those use cases can work.”

Starknet on Bitcoin and Ethereum https://t.co/tCyQDHY7Yr

— StarkWare 🐺🐱 (@StarkWareLtd) March 11, 2025

Buterin stated there’s a “lot of value” in enabling the trustless circulate of property between the Bitcoin and Ethereum ecosystems, equivalent to simpler paths for decentralized alternate.

“If you go back to the white paper, Bitcoin was meant to be a peer-to-peer electronic cash system, and obviously, layer 1 is not nearly scalable enough for that,” Buterin stated.

“I believe we’ve additionally seen a few of the limits of the Lightning Network and that type of strategy.“

Magazine: MegaETH launch could save Ethereum… but at what cost?

Read MoreCointelegraph.com News