Blockchain developer StarkWare claims to have verified the first zero-knowledge proof using its new STARK verifier on Bitcoin’s Signet test network.

The initial proof of concept for testing the verifier involved verifying a mathematical problem — specifically, the 32nd number in the Fibonacci squared sequence. The next step is to generalize the design and enable it to perform a broader range of general-purpose computations, the firm said in a statement shared with The Block.

“We said we wanted to scale Bitcoin and unleash the blockchain’s power to transform the world,” StarkWare CEO Eli Ben-Sasson said. “This is us doing that. It’s our very first step in showing what Bitcoin can do with zero-knowledge technology.”

StarkWare, valued at $8 billion in its last investment round, is the …