Starknet 0.12.0 Upgrade For Ethereum Scaling: Better UX And Lower Transaction Costs

Key Points:

• Starknet has recently announced significant upgrades to its network prioritizing performance and user experience based on ecosystem feedback.
• These upgrades include significant throughput and latency enhancements, failed transaction inclusion in blocks, data cost reductions, and a fee market to address potential congestion issues.

Starknet announces significant upgrades prioritizing performance and UX, including faster transactions and lower costs, attracting more developers to Ethereum.

Starknet, a Layer 2 scaling solution for Ethereum, has recently announced several significant upgrades to its network, as shown in the picture below. The roadmap now prioritizes performance and user experience (UX), in response to feedback from the ecosystem, with a primary goal of improving network performance to support anticipated growth in users and developers.

Starknet v0.12.0, which has been in the integration phase for some time, will move to the public testnet next week. This version will offer significant throughput and latency enhancements, thanks to six months of work on Rust-ifying the Starknet stack, which has dramatically reduced block execution time and increased throughput.

Version 0.12.1 will include a crucial update that failed transactions will be included in the block, fixing UX issues and protecting the sequencer from spam, ultimately providing a more seamless user interaction.

As for v0.13.0, it will drastically cut transaction costs by targeting L1 (Ethereum) data cost, which represents 95% of current transaction costs. Ethereum’s EIP-4844 and its Volition (off-chain data availability) will significantly reduce data costs.

Starknet v0.14.0 will introduce a fee market to address potential congestion issues, allowing efficient allocation of the network’s limited resources.

In v0.15.0, the platform will transition to constant, shorter block intervals by decoupling the 1:1 relationship between a Starknet block and its proof, attesting to the integrity of one or more blocks, fixing block intervals, and enhancing UX.

The combination of future-proof functionality and best-in-class performance and UX improvements are expected to continue attracting developers and dApps to Starknet. With these new upgrades, users can expect faster and more efficient transactions and a better user experience. Starknet is undoubtedly one of the most promising Layer 2 scaling solutions for Ethereum, and these upgrades only add to its appeal.

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