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StarkWare

By Keith Thuerk | New to Crypto's? | 19 Jul 2022


StarkWare

What is it? StarkWare is a permissionless Decentralized ZK-Rollup. Any developer can deploy any dApp, using smart contracts, and achieve unlimited scale by using StarkWare.

Stated goals - to bring scalability, security, and privacy to a blockchain near you. Currently they are providing L2 solution for ETH (on-chain governance) while rewarding operators for processing transactions.  With a current objective to speed up ETH to 100,000 transactions per second from their current 20-25 transactions per second.

StarkWare recently confirmed it will release their StarkNet token

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Token Supply - 50.1% supply distributed by StarkWare Foundation via various community efforts.

StarkWare Ecosystem is already very expansive

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StarkWare also has a SaaS (Software as a Service offering) which provides ZK-Rollup via SaaS. Put another way, pay for what you use, with little to no overhead. A great use of cloud computing if you ask me.

Where to find more info about this great offering?

 

Summary - Prior to a couple of weeks ago I had not heard of StarkWare, at this point the more I dig in the more I like their concepts and offerings.  Will you put this on your learning list?

 

Disclaimer - I am not an employee nor an agent of StarkWare nor Ethereum, although it sounds super exciting!

How do you rate this article?

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Keith Thuerk
Keith Thuerk

Currently learning about Crypto and DeFi to combat the Inflationary Tidal wave coming our way!


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