May 3, 2025
Blockchain

StarkWare Developers Launch New Ethereum L2 Scaling Solution

  • August 16, 2022
  • 0

The StarkWare project has launched layer 2 scaling technology on the Ethereum mainnet using recursive proofs. According to the developers, the new solution is already used in StarkNet

StarkWare Developers Launch New Ethereum L2 Scaling Solution

StarkWare Developers Launch New Ethereum L2 Scaling Solution
StarkWare Developers Launch New Ethereum L2 Scaling Solution

The StarkWare project has launched layer 2 scaling technology on the Ethereum mainnet using recursive proofs.

According to the developers, the new solution is already used in StarkNet and StarkEx based applications. It simplifies scaling, reducing fees, accelerating transactions, and “laying the groundwork for L3 and other benefits”.

The company announced that recursive proofs written in Cairo significantly increase the potential for L2 scaling.

“Using a single proof, they will greatly increase the number of transactions that can be transferred to the Ethereum network,” the developers said.

According to them, the concept “pushes the limits of scaling”. With the help of a new method, many proofs can be combined into a single proof.

“It’s like finding a way to easily accommodate thousands of passengers on an airplane instead of a few hundred,” said developer Gideon Kaempfer.

Recall that in July, StarkWare released the StarkNet Network Management Token.

In May, the project raised $100 million as part of its Series D funding round, with an initial value of $8 billion.

Source: Fork Log

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