StarkWare has introduced Stwo, a significant advancement in their ZK-rollup technology designed to improve transaction processing speeds and decrease user fees on the Starknet network.
StarkWare has introduced Stwo, a significant advancement in their ZK-rollup technology designed to improve transaction processing speeds and decrease user fees on the Starknet network. Stwo, an open-source prover, aims to achieve these goals by generating cryptographic proofs at an accelerated rate.
"Stwo will bring new possibilities for scaling. And they’ll be available for everyone, given that it will be open-source from Day 1," stated Oren Katz, StarkWare's COO. This open-source nature allows anyone to run the prover and contribute to its development, benefiting Starknet and its associated applications with lower latency and processing costs.
According to Katz, the prover plays a vital role in scaling Ethereum through StarkWare's Starknet ZK-rollup technology. Stwo's implementation of Circle STARK technology is aimed at "supercharging" Ethereum scaling by generating proofs more efficiently.
Zero-knowledge proofs (ZK-proofs) are cryptographic tools that allow users to prove possession of specific information without revealing the details themselves. This technology is crucial for maintaining user privacy and security within blockchain networks.
Starknet, currently the largest ZK-rollup based on total value locked (TVL), is poised to benefit considerably from Stwo's introduction. With a TVL of $1.33 billion, Starknet leads the ZK-rollup sector, followed by zkSync Era at $868 million, according to L2Beat data.
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