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> Starknetâs Scaling Vision:
- Starknet aims to become Bitcoinâs execution layer, potentially increasing its transaction throughput from ~7 transactions per second (TPS) to thousands, while enabling smart contract functionality via upgrades like OP_CAT.
- This could unlock Bitcoin for DeFi applications (e.g., staking, lending, yield farming), which are currently limited on Bitcoinâs Layer 1 due to scalability and scripting constraints.
> Starknetâs Ecosystem Goals:
- Starknet has expressed an ambition to serve hundreds million Bitcoin users.
- Additionally, initiatives like BTCFi Season and integrations with wallets like Xverse aim to incentivize Bitcoin holders to move assets into Starknet.
> Adoption Drivers:
- Factors like reduced transaction costs, faster processing, and trustless bridges (e.g., BitVM or OP_CAT-based solutions) could encourage Bitcoin holders to move funds to Starknet. 1 reply
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