Starknet Announces Phase Four: Introducing Privacy Breakthroughs and Bitcoin Connectivity

CoinFeed reported on April 7th that StarkNet has officially entered its fourth phase, aiming to achieve a faster, more decentralized, and more private network while strengthening its connection with Bitcoin. Highlights of this phase include the STRK20 framework supporting ERC20 privacy features and the strkBTC asset, which is exchangeable for native Bitcoin, providing privacy transaction options. Furthermore, StarkNet v0.15.0 will introduce decentralized block verification, and Staking v3 and v4 will gradually achieve full decentralization of the network. In addition, StarkNet is also advancing Bitcoin's OP_CAT upgrade to enable trustless settlement and researching more Bitcoin bridging solutions, such as BitVM and ColliderVM, to promote the development of Bitcoin DeFi on StarkNet.