TechFlow reports on March 26 that Chakra, a universal Restaking protocol backed by the Starknet ecosystem and committed to securing assets using ZK-STARK algorithms, has secured Pre-seed investment from Starkware, core BTC developers, and early miners.
Chakra is the world's first Bitcoin restaking (Restaking) protocol based on zero-knowledge proofs (ZKP), aiming to enhance Bitcoin network utility through ZKP and enable cross-chain universal restaking. Chakra will soon launch its BTC Devnet to incentivize developers in building the application ecosystem, followed by a series of developer education initiatives and Devnet incentives supported by Starknet.
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