Artwork
iconShare
 
Manage episode 509500872 series 3609787
Content provided by Blockspace Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Blockspace Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Eli Ben-Sasson, co-founder of StarkNet and Zcash, announces StarkNet's major Bitcoin news: native Bitcoin staking on StarkNet. Starknet has 100 million STRK tokens allocated for competitive Bitcoin lending rates and Bitcoin yield strategies. Eli explains why zero-knowledge proofs are the scalability solution Bitcoin needs, how StarkNet enables self-custodial Bitcoin DeFi, and why OP_CAT could be the nine lines of code that save Bitcoin from becoming just another store-of-value asset for the wealthy.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

# Notes:

• Bitcoin staking now live on StarkNet

• 100M STRK tokens for Bitcoin lending incentives

• 500M+ STRK already staked in protocol

• 21-day unstaking period for Bitcoin

• $1M research fund for OP_CAT development

• ZK-STARKs verify million transactions for one cost

• RS7 launching Bitcoin yield strategies

Timestamps

00:00 Start

01:46 Bitcoin staking is now live

03:08 What is Bitcoin Staking?

06:07 History of Zero Knowledge Proofs

08:00 ZK & scaling

09:05 How scaling would work

10:57 Covenants (OPCAT, CTV)

11:55 STRK token

14:12 PoW vs PoS

16:09 Practical benefits from staking

20:26 Staking curve & rates

21:57 100M STRK tokens

24:14 Why start with lending?

25:29 Re7 Capital

28:31 Re7 function

36:08 Consensus for covenants

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

146 episodes