Crypto

Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A

One of the key priorities for Citrea is to enhance the utility of Bitcoin. While Bitcoin has been successful in establishing itself as a digital equivalent of gold, there are concerns about its scalability and reliance on intermediaries.

Citrea believes that allowing greater utility for Bitcoin is of “critical” importance. As it stands, Bitcoin runs the risk of losing its relevance if users continue to depend on external networks and intermediaries for transactions.

By addressing scalability issues and enabling more use cases, Bitcoin can continue to evolve and remain a dominant player in the cryptocurrency space. Citrea is committed to driving innovation and improvements in Bitcoin to ensure its long-term success.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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