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Ethereum

StarkWare Will Power The Ethereum Layer 2 Network Using Open-Source Prover Technology

February 5, 2023 - Around 2 mins mins to read

Key Points:

  • Project for scaling Ethereum In an effort to promote accessibility of the technology and code transparency, StarkWare wants to open-source the StarkNet Prover.
  • More people will be able to review the code thanks to the StarkNet Prover’s open-sourcing, which will assist find bugs and improve transparency.
  • Papyrus client software, and the StarkNet sequencer are some of the components of the StarkNet stack that have been open-sourced by the StarkWare team since StarkNet’s initial launch on the Ethereum mainnet in November 2021.
Project for scaling Ethereum In an effort to promote accessibility of the technology and code transparency, StarkWare wants to open-source the StarkNet Prover.
starkware crypto ninjas blockchain

A commonly used Layer 2 scaling network for Ethereum based on ZK-STARKs, the prover is a key part of the StarkNet. The prover is in charge of producing cryptographic proofs to shorten transactions and boost Layer 2 scaling effectiveness.

More people will be able to review the code thanks to the StarkNet Prover’s open-sourcing, which will assist find bugs and improve transparency. The team suggested that this action could be seen as a step in the right direction for further decentralization of the StarkNet.

“This is a huge milestone towards scaling Ethereum and cryptography, as STARK technology becomes a publicly available resource,” said Eli Ben-Sasson, co-founder of StarkWare and co-inventor of ZK-STARKs, in response to a question about the open-sourcing.

The Cairo 1.0 programming language, Papyrus client software, and the StarkNet sequencer are some of the components of the StarkNet stack that have been open-sourced by the StarkWare team since StarkNet’s initial launch on the Ethereum mainnet in November 2021. Once deployed in the near future, the team said today’s decision will mark the end of the process of opening up the whole StarkNet software stack.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News

Ethereum Layer 2 Network

Layer 2 Network

StarkWare

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
Ethereum

StarkWare Will Power The Ethereum Layer 2 Network Using Open-Source Prover Technology

Key Points:

  • Project for scaling Ethereum In an effort to promote accessibility of the technology and code transparency, StarkWare wants to open-source the StarkNet Prover.
  • More people will be able to review the code thanks to the StarkNet Prover’s open-sourcing, which will assist find bugs and improve transparency.
  • Papyrus client software, and the StarkNet sequencer are some of the components of the StarkNet stack that have been open-sourced by the StarkWare team since StarkNet’s initial launch on the Ethereum mainnet in November 2021.
Project for scaling Ethereum In an effort to promote accessibility of the technology and code transparency, StarkWare wants to open-source the StarkNet Prover.
starkware crypto ninjas blockchain

A commonly used Layer 2 scaling network for Ethereum based on ZK-STARKs, the prover is a key part of the StarkNet. The prover is in charge of producing cryptographic proofs to shorten transactions and boost Layer 2 scaling effectiveness.

More people will be able to review the code thanks to the StarkNet Prover’s open-sourcing, which will assist find bugs and improve transparency. The team suggested that this action could be seen as a step in the right direction for further decentralization of the StarkNet.

“This is a huge milestone towards scaling Ethereum and cryptography, as STARK technology becomes a publicly available resource,” said Eli Ben-Sasson, co-founder of StarkWare and co-inventor of ZK-STARKs, in response to a question about the open-sourcing.

The Cairo 1.0 programming language, Papyrus client software, and the StarkNet sequencer are some of the components of the StarkNet stack that have been open-sourced by the StarkWare team since StarkNet’s initial launch on the Ethereum mainnet in November 2021. Once deployed in the near future, the team said today’s decision will mark the end of the process of opening up the whole StarkNet software stack.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News

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