Bitcoin Developer Alpen Labs Launches ZK Rollup “Strata”
On October 2nd, bitcoin-focused developer Alpen Labs launched “Strata”. According to the team, “Strata is the result of two years of development by Alpen. In the first phase, Strata will be the ZK aggregator on Bitcoin, a BitVM bridge with minimal trust. In the long term, Strata will be the settlement layer for ZK proofing directly on Bitcoin. In April, Alpen raised $10.6 million in funding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sony Bank to Issue US Dollar-Pegged Stablecoin in the United States
USDC Treasury burns 60 million USDC on the Ethereum network
Data: Bitcoin faces resistance and pulls back at 92,000 USDT, with market trading volume at its lowest since July.