Polygon and StarkWare unveil Circle STARKs to streamline Zk Proofs

0

[ad_1]

Polygon Labs and StarkWare collaborate on Circle STARKs for ZK rollups.
Circle STARKs promise faster, cheaper transactions for layer-2 networks.
The joint effort signifies a commitment to innovation in the Ethereum scaling landscape.

Polygon Labs and StarkWare, typically fierce competitors in the Ethereum scaling race, have set aside their rivalry to unveil a new frontier in cryptographic proofs named “Circle STARKs.”

StarkWare, known for its involvement in the controversial Starknet blockchain, has been a prominent developer in the layer-2 space. On the other hand, Polygon, with its widely-used MATIC tokens, is a key player in Ethereum’s scaling efforts.

This unexpected collaboration underscores the industry’s commitment to overcoming scalability challenges and driving technological advancements.

Accelerating Zk rollups proving process

The Circle STARKs promise to streamline the proving process for zero-knowledge (Zk) rollups, leading to faster and more cost-effective transactions compared to current technologies.

Circle STARKs signify a leap forward in Zk technology, specifically tailored for layer-2 networks. It aims to enhance the efficiency of blockchain transactions by significantly speeding up the proving process for rollups. The cryptographic proofs, a brainchild of StarkWare co-founder Eli Ben-Sasson, are set to outpace existing STARK proofs, promising a seven-to-10 times improvement.

The upcoming Plonky3 proving system from Polygon is also slated to integrate Circle STARKs, ensuring lower transaction fees for users and expanding the scope of applications that can be proven.

The co-founders of the two crypto firms emphasize that while Circle STARKs represent a pivotal advancement, the journey doesn’t end here. They anticipate continuous breakthroughs and improvements, reflecting the dynamic nature of blockchain technology.

[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 78,923.00
ethereum
Ethereum (ETH) $ 2,498.03
tether
Tether (USDT) $ 0.999703
bnb
BNB (BNB) $ 753.69
xrp
XRP (XRP) $ 1.43
usd-coin
USDC (USDC) $ 0.999950
solana
Solana (SOL) $ 104.01
tron
TRON (TRX) $ 0.338512
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04
zcash
Zcash (ZEC) $ 1,232.02
hyperliquid
Hyperliquid (HYPE) $ 85.71
dogecoin
Dogecoin (DOGE) $ 0.090363
rain
Rain (RAIN) $ 0.016019
usds
USDS (USDS) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 81.72
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
monero
Monero (XMR) $ 504.90
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
chainlink
Chainlink (LINK) $ 12.49
leo-token
LEO Token (LEO) $ 9.19
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
cardano
Cardano (ADA) $ 0.219313
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
stellar
Stellar (XLM) $ 0.188684
bitcoin-cash
Bitcoin Cash (BCH) $ 258.98
dai
Dai (DAI) $ 0.999907
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
ethena-usde
Ethena USDe (USDE) $ 0.999812
canton-network
Canton (CC) $ 0.108939
susds
sUSDS (SUSDS) $ 1.08
usd1-wlfi
USD1 (USD1) $ 0.999542
uniswap
Uniswap (UNI) $ 6.86
litecoin
Litecoin (LTC) $ 54.22
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.39
hedera-hashgraph
Hedera (HBAR) $ 0.079173
avalanche-2
Avalanche (AVAX) $ 8.02
weth
WETH (WETH) $ 2,268.37
sui
Sui (SUI) $ 0.818312
global-dollar
Global Dollar (USDG) $ 0.999981
shiba-inu
Shiba Inu (SHIB) $ 0.000005
usdt0
USDT0 (USDT0) $ 0.998824
near
NEAR Protocol (NEAR) $ 2.33
crypto-com-chain
Cronos (CRO) $ 0.060568
paypal-usd
PayPal USD (PYUSD) $ 0.999997
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
memecore
MemeCore (M) $ 1.19
tether-gold
Tether Gold (XAUT) $ 4,375.43
hashnote-usyc
Circle USYC (USYC) $ 1.14
Shares