Blockchain

StarkWare Release Technology That Can Manage Up To 60 Million Ethereum Transactions

Solutions for Layer 2 Scaling StarkWare announced the introduction of its new technology, which has the ability and speed to handle up to 60 million transactions per second.

StarkWare Release Technology That Can Manage Up To 60 Million Ethereum Transactions

New StarkWare technology

Eli Ben-Sasson, the creator of the well-known Layer 2 solution StarkWare, emphasized in his presentation at Korea Blockchain Week that the recursive engine is excellent for scaling scale because it decreases gas costs, is more verifiable, and delivers lower latency.

Some programming languages enable the independent calling of a module or function. The name of this method is recursion. In recursion, a function a may be directly called or may be called by a function b that then calls the original function a. Recursive function refers to the function a.

Eli Ben-Sasson claims that StarkWare has developed a new recursive integrated proof technology for the advantages of recursion described at the beginning of the article. The Ethereum blockchain could possibly combine up to 60 million transactions using this technique.

Ben-Sasson stated during the presentation that this development by StarkWare might increase transaction throughput by a factor of at least 10 times that of the typical Validium scale.

“The minimum I would say is 10x. We tested mint 600,000 NFT on ImmutableX, generating only 10 gwei per mint. The number can go up to 60 million with more techniques and adjustments. It is also possible to reduce latency by another factor of 5 to 10 times.”

StarkNet is a Layer 2 solution provided by StarkWare that employs ZK-Rollups technology but is not permitted to scale transactions using Validium. However, StarkEx can be used with Validium and ZK-Rollups. Validium functions similarly to ZK-Rollups by combining thousands of transactions into a single transaction. The new recursive hybrid proof technology from StarkWare essentially combines numerous Validium blocks into a single proof.

The most common Layer 2 platforms at this time still center around ZK-Rollups, Optimistic-Rollups, and Validium. These platforms will be provided with various technologies that each project is using, making it easy to visualize.

StarkWare Release Technology That Can Manage Up To 60 Million Ethereum Transactions

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

2 hours ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

4 hours ago

Crypto PAC Fairshake Continues to Boost 2026 Election With Support from a16z

a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…

5 hours ago

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

8 hours ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

11 hours ago

This website uses cookies.