DEX dYdX and StarkWare Partner for Layer-2 Scaling Integration

By Abhimanyu Krishnan | News | 19 Aug 2020


Decentralized exchange (DEX) dYdX has partnered with layer-2 scaling solution project StarkWare, according to an announcement that was made on August 18. The collaboration will focus on bringing a layer-2 scaling solution to perpetual smart contracts.

  • Implementation of solution will result in reduced gas and trading fees, smaller minimum trade sizes, more trading pairs, and instant trade settlement, among other things
  • StarkWare integration combines STARK proofs for data integrity with on-chain data availability, meaning that it is fully non-custodial
  • The integration is expected to be complete by the end of 2020
  • StarkWare uses zero-knowledge proofs to solve scalability and privacy issues 

Related Reading:

How do you rate this article?


4

1

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


News
News

Official Publish0x Crypto News Channel

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.