Chakra Partners With Starknet Foundation To Advance Blockchain

Chakra, the first ZK-based BTC settlement network with a universal restaking protocol, announced its partnership with the Starknet Foundation. The collaboration aims to improve parallelization and decentralized or shared sequencing for the Madara Starknet Substrate stack. One of the key initiatives is optimistic parallelization using BlockSTM. This technology is expected to be implemented on the Starknet mainnet soon and will improve the functionality of Madara Starknet.

Chakra and the Starknet Foundation are working together to improve the viability of the block economy on the Madara Starknet chains. This partnership provides much greater network performance and reliability. The collaboration will also feature key innovations such as zkThreads. The goal is to bring to the edge of the performance, customizability, and profitability frontier on Madara Starknet.

The partnership will help developers build more complex and successful applications using cutting-edge resources. Designing the advanced infrastructure that will result from the collaboration will also help solve the scaling challenges that BTC faces. Innovative technologies will allow Chakra Network to offer comprehensive solutions for the growing needs of BTC through the implementation of advanced tools.

Image: CoinTrust