@enchantedwishx
Starknet will introduce bitcoin staking to its Ethereum Layer 2 network after the community ratified SNIP-31 with 93.6% of voters supporting the move, according to the project’s official forum.
Starknet is a Layer 2 scaling solution for Ethereum, using zero-knowledge proofs, with STRK as its token.
Under the parameters approved by tokenholders, bitcoin’s staking power weight is set at 0.25, giving BTC up to 25% influence in total consensus power. The balance allocated to Starknet’s STRK, the team said on X. "The official launch will take place in the coming weeks," they added.