ZK-driven Bitcoin re-pledge project Chakra will officially announce a major cooperation plan at Star

StarkNet has announced that it will be hosting a landmark event, StarkCity, in London on March 13th. At this event, Chakra, a revolutionary ZK-driven Bitcoin restaking project, will unveil a significant collaboration plan. Chakra is the world's first Bitcoin restaking protocol based on zero-knowledge proof (ZKP), with the goal of enhancing the utility of the Bitcoin network and achieving universal restaking throughout the entire chain.

The introduction of Chakra at the StarkCity event marks a significant milestone for the StarkNet ecosystem, expanding its application scenarios and providing new avenues for Bitcoin holders and users to engage with the ecosystem. Francis from the StarkNet Foundation emphasized the advantages of Bitcoin in terms of proof-of-stake security, citing its more decentralized token distribution and globally distributed nodes. These characteristics make the services provided by the Bitcoin network both decentralized and secure, offering a new realm of possibilities for the StarkNet ecosystem.

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