Starknet introduced strkBTC on May 12, enabling Bitcoin holders to lock BTC and access shielded balances via an ERC-20 token. The token supports both public and private modes on the Starknet network. Users gain privacy tools but must rely on new intermediaries for the service.
Starknet launched strkBTC on May 12 after a series of updates. The token locks BTC on Bitcoin's base layer to support an ERC-20 asset that can operate in public or shielded mode. In shielded mode, users hide selected balances and transfers while routing viewing keys to an independent auditor for selective disclosure to regulators or counterparties.
