Citrea.xyz is the online home of Citrea, a project that applies zero-knowledge (ZK) technology through a rollup approach to enhance Bitcoin’s capabilities. This process aggregates multiple transactions into one bundle, processed outside the main Bitcoin ledger, aiming to improve efficiency and reduce costs. The approach allows for the verification of transactions with minimal data exposure, facilitating the possibility of developing a wider range of applications on Bitcoin, thereby suggesting a potential expansion of Bitcoin’s use beyond traditional digital currency roles. The project comes from Chainway.xyz, a blockchain infrastructure company involved with Bitcoin, Ethereum, and ZK technology. On February 21, 2024, the company disclosed that it had raised $2.7 million in a seed fundraising round led by Galaxy Ventures, with additional participation from Anurag Arjun, co-founder of data availability blockchain Avail. At the web3-focused ETHDenver event, which kicked off shortly after ...