StarkWare verifies first zero-knowledge proof on Bitcoin

StarkWare has verified the first zero-knowledge (ZK) proof on the Bitcoin. It’s part of the core Starknet developer’s plans to scale Bitcoin for mass adoption. StarkWare has achieved a historic feat by completing the first zero-knowledge proof verification on the Bitcoin network, according to the details posted on X on Wednesday. The blockchain developer revealed […]

Binance unveils its proof of reserves mechanism

Binance’s proof of reserves system initially shows results for the flagship cryptocurrency Bitcoin. The crypto exchange will add other tokens and networks as well as implement ZK-SNARKs. Crypto exchanges are looking to show they have the assets they should hold after the shocking collapse of FTX. Binance has published its proof-of-reserve (PoR) system, days after […]