Yesterday’s Recap of the StarkNet Ecosystem has been sponsored by ZKX, a permissionless swaps protocol building rewardable derivatives trading mechanisms on StarkNet. ZKX is looking for a Software Developer able to deal with both Solidity and Cairo programming languages.
In case you were interested or you know somebody that could, please get more info and apply here.
Cairo implementation of the Yield focused Smart Contract ERC4626 has been upgraded reaching final version, two StarkNet projects start taking action to involve community members in exchange for rewards, experimentation around implementation of a BTC lightclient on StarkNet kicked off during the AMS StarkNet Hackaton.
The news that stands out the most from today’s Recap is, in my own view, the one regarding the early experimentation about scaling Bitcoin through StarkNet tech after several other attempts in doing so have failed or got tiny adoption for the past 5 years and so.
Honestly, I don’t know exactly how the Devs and Researchers are approaching this matter and which is their exact goal. Are they using STARKs tech to be layered on Bitcoin in they same way it has been applied on Ethereum, thus using Bitcoin as settlement layer and StarkNet as a scalable layer? And if so, are the two usecases (Eth on one hand, Btc on the other one) going to be composable with each other? Would Bitcoin work as well as Ehtereum L1 for the settlement role? Are these scaling experiments being welcomed by the Bitcoiners that are mostly reluctant to anything that doesn’t have the same role of the “Digital Gold”?
These are some of the many questions that I’m asking myself for regarding this matter, getting both excited and sceptical at the idea of witnessing the old king of the game doing more sophisticated things than the simple concept that it has been doing so well for in the past decade.
Time will tell us!
But now, let’s relax and enjoy today’s Twitter Recap thread:
Thanks a lot for being here!
See you on Monday for another Recap!!
Peace & L2's ❤️