StarkWare, the developer behind Starknet, has revealed its plan to extend its scaling technology to the Bitcoin network without the need for forking Starknet or introducing a new token.

Despite its focus on scaling Ethereum through validity rollups and ZK proofs, StarkWare emphasized its commitment to enhancing the efficiency of Ethereum scaling in 2024. The blockchain developer, valued at $8 billion, expressed its dedication to scaling Ethereum in the most efficient manner possible.

"Our goal, consistent since the initiation of Starknet, is to develop STARK proofs to enhance the scalability and integrity of blockchains that we believe in," stated StarkWare in an X post on Jun. 7.

Starknet, StarkWare's scaling solution, aims to cater to both the Ethereum and Bitcoin communities without the creation of a new layer or exclusive token for Bitcoin. Instead, Starknet will function as an execution layer that scales both Bitcoin and Ethereum simultaneously.

"StarkWare won’t fork Starknet to create a new layer on Bitcoin or establish an exclusive token for the Bitcoin ecosystem. Instead, Starknet will (try to) act as an execution layer that scales both Bitcoin and Ethereum simultaneously. Its security, governance, and ecosystem will all be driven by the STRK token," clarified StarkWare.

The initiative to bring ZK scaling to Bitcoin is part of StarkWare's broader strategy to address the scalability challenges faced by major blockchains. By leveraging its technology from the Ethereum network, StarkWare aims to create a single layer that settles transactions on both Bitcoin and Ethereum.

The development of this solution is expected to be completed within six months following the potential Bitcoin upgrade known as OP_CAT, which seeks to integrate smart contracts into the Bitcoin ecosystem. This expansion marks a significant step towards addressing scalability issues and unlocking the full potential of both Ethereum and Bitcoin networks.