In an announcement published on the evening of June 29, ConsenSys, which manages two “critical” applications in the Ethereum ecosystem now, including the MetaMask crypto wallet and Infura infrastructure toolkit, partnered with the layer-2 scaling solution StarkWare.
StarkWare is a ZK-rollups Layer-2 solution that has received a lot of attention in recent years, which is believed to have the potential to compete flatly with Optimistic-rollups projects that have “rained the wind” in recent times, such as Arbitrum or Optimism. The project in May 2022 successfully funded $100 million at a valuation of up to $8 billion.
According to the agreement between the two parties, MetaMask and Infura have integrated StarkWare as a formal Layer-2 solution.
Specifically, MetaMask will support it through MetaMask Snaps software on the MetaMask Flask platform. This testing network helps developers test innovations, connecting more than 17,000 MetaMask-compatible dApps to StarkWare.
Meanwhile, Infura directly integrates StarkWare’s StarkNet layer-2 to provide lower cost and higher speed trading on Ethereum.
Eli Ben-Sasson, the co-founder of StarkWare, commented:“Infura is one of the world’s leading blockchain development toolkits today. Therefore, the Layer-2 StarkNet solution sees the strategic importance of helping its thriving ecosystem get access to the best to support its development. This is an important step forward for StarkNet.”
Before MetaMask and Infura, StarkNet was embraced by many prominent projects in the Ethereum ecosystem, including dYdX derivatives exchange, spot DiversiFi exchange, NFT ImmutableX, and Sorare platforms, the latest being Maker (MKR) and stablecoin DAI.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews