StarkWare develops Bitcoin (BTC) ZK verification that can run on mobile devices

Source
JH Kim

Summary

  • StarkWare said it developed Bitcoin (ZK) verification technology to work on mobile devices.
  • The technology reduces the size of the BTC ledger proof to 1 megabyte, greatly improving transaction verification speed.
  • Bitcoin is up 2.10% and trading at 113,484.69 dollars.

On the 10th (local time), according to crypto-focused media Cointelegraph, StarkWare has developed Bitcoin (BTC) blockchain zero-knowledge (ZK) verification technology that can run on mobile devices.

The technology reduces the size of the BTC ledger proof to just 1 megabyte (MB), allowing users to verify transactions within 100 milliseconds.

It includes all BTC block headers from the genesis block to the present, but does not include the full blockchain record exceeding 680 gigabytes.

BTC is trading at 113,484.69 dollars, up 2.10% from the previous day on the Binance Tether (USDT) market as of 03:36 on the 11th.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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