Categories: Payment system news

StarkWare to Open Source Its Ethereum Scaling Solution

StarkWare – a company focused on Ethereum scaling – will open-source its Zero-Knowledge (ZK) software.

  • StarkWare announced today that it plans to open-source its STARK Prover – the engine that’s designed to generate cryptographic proofs that compress hundreds of thousands of transactions for submission to Ethereum in fewer kilobytes than a smartphone photograph.
  • This is also the technology that powers Starknet and StarkEx – solutions that have reportedly scaled more transactions on Ethereum than all other L2 scaling solutions combined.
  • According to the press release shared with CryptoPotato, the plan will take time to implement, but when it’s complete, the Starknet technology stack will be open source.
  • Speaking on the matter was Eli Ben-Sasson, President of StarkWare, who said:

This is a landmark moment for scaling Ethereum, and in a wider sense for cryptography. It will put STARK technology in its rightful place, as a public good which will be used to benefit everyone.

The post StarkWare to Open Source Its Ethereum Scaling Solution appeared first on CryptoPotato.

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