The Rollup The Case for a New Bitcoin Execution Layer with Eli Ben-Sasson
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Jul 10, 2025 Eli Ben Sasson, co-founder of StarkWare, envisions Starknet as Bitcoin's execution layer by 2025. He discusses the revolutionary potential of ZK technology and how it can reshape decentralization and self-ownership. Eli delves into the importance of privacy in financial transactions and highlights the innovative projects emerging on StarkNet. He also explores Bitcoin's role in DeFi and its utility in generating yields, positioning it as a key asset for future stablecoins and institutional investments.
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Eli's Bitcoin-ZK Journey
- Eli Ben-Sasson has dreamed for 12 years to bring zero-knowledge tech to Bitcoin to enhance scaling and privacy.
- His journey began at a 2013 Bitcoin conference and led to co-founding Zcash and StarkCore.
Privacy's Critical Role and UX
- Privacy is crucial because people don't want all their transactions seen publicly.
- Zero-knowledge technology enables privacy but UX challenges remain to make it user-friendly.
Unleashing Bitcoin's Value
- Bitcoin's value is mostly locked up and unused currently.
- StarkNet aims to unleash Bitcoin's value by enabling borrowing and decentralized finance without losing custody.