StarkNet, a mainstream L2 solution for Ethereum (ETH) network scaling, is ready to accomplish another major milestone as top Ethereum (ETH) dApps might launch on its rails.
The team of StarkWare, StarkNet’s developer, announced that Uniswap (UNI), the largest Ethereum-based decentralized cryptocurrency exchange (DEX), might soon be available on StarkNet’s basis.
Solidity, a programming language for smart contracts on the Ethereum Virtual Machine (EVM), is used to create Uniswap v3. While this was going on, Cairo, the language used by StarkNet, was developed by ETH veterans at Nethermind as a tool to aid in the conversion of Solidity-written dApps.
A new tool called Warp is intended to transpile smart contracts created in Solidity to Cairo, bringing EVM to StarkNet. Nethermind engineers are creating UniStark, a StarkNet-based variant of Uniswap, using this state-of-the-art tool.
The team emphasizes that the instrument is not intended for commercial use, although it is available for testing on the Nethermind GitHub repository. The two parties will attend a Twitter Space conference to discuss the migration process on October 24, 2022.
While this is happening, StarkNet adoption is gaining momentum as its transactional metrics continue to soar. Recently, StarkNet outperformed not only its L2 rivals Optimism (OP) and Arbitrum, but also ETH’s L1 and even Bitcoin (BTC).
According to data provided by StarkWare, their solution handled more than 12 million transactions over the course of the last several days.
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