On November 13th, the Bitcoin Next Summit hosted by Bitlayer officially opened in Bangkok. The summit focused on the next upgrade of Bitcoin and BTCFi. Among them, StarkWare co-founder and CEO Eli Ben-Sasson said at the summit that StarkWare is a leader in many fields including Cairo, Stwo (STARK Two) and Bitcoin Research. At present, StarkWare's open-source prover Stwo (supporting OP_CAT) validator has been launched on the Bitcoin testnet, and the team has set up $1 million for OP_CAT research. In addition, Eli Ben-Sasson also revealed that the Stwo mainnet is expected to be launched in Q1 2025. At today's Bitcoin Next Summit, many leading Bitcoin ecosystem builders and industry leaders will share their insights on the cutting edge of Bitcoin technology and the next upgrade, and discuss the current BTCFi landscape and trends.