His comments followed a Starknet (Ethereum layer-2 network) presentation outlining three phases for its newly launched strkBTC bridge, which is designed to connect Bitcoin to decentralized finance applications.
Charles Hoskinson said Bitcoin DeFi (decentralized finance services built around Bitcoin) is a race Cardano can win, describing it as the largest growth area in DeFi. The remarks came after Starknet (Ethereum layer-2 network) released a presentation on the three phases behind its newly launched strkBTC bridge. Based on the provided content, Hoskinson’s view centers on the idea that expanding ways to use Bitcoin in decentralized finance is becoming a major competitive arena for blockchain networks seeking to attract users and liquidity.