Starknet is introducing BTCFi, a comprehensive set of programs designed to enhance Bitcoin’s utility as a primary global settlement layer. The core idea is to integrate Bitcoin directly into Starknet’s framework for enhanced security and agreement mechanisms. A key aspect is the introduction of trustless Bitcoin staking, a novel feature for a Layer-2 solution. This allows Bitcoin owners to participate in securing the Starknet network and receive rewards, all while retaining control of their Bitcoin. Early reports indicate considerable interest, with roughly 65,000 delegators and approximately 150 validators already involved in the system.
