Tamiko Bauer
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💵 В магазинах Боливии начали вводить цены в USDT.
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🔴🔴🔴SKAM🔴🔴🔴
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After many years of work on Ethereum, Starknet is the cheapest Layer 2 with Ethereum's data availability (DA) and almost instant transaction confirmation, operating on the most advanced ZK technology stack in the blockchain industry. With the following advantages and many more, Starknet is fully equipped to scale Bitcoin while preserving its core principles#strknet
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Although Starknet started with the Ethereum blockchain, its roots in Bitcoin run deep — even before Ethereum. It all began when Professor Eli Ben-Sasson, CEO and co-founder of StarkWare, spoke at the Bitcoin conference in San Jose in 2013. It was there that he first introduced the idea of using ZK proofs (specifically, the technology later named zk-STARK) for scaling Bitcoin.
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STARK
Vitalik Buterin, co-founder of Ethereum, proposed using zk-STARK to protect accounts from quantum computers. In the event of a quantum era, users will be able to confirm their mnemonic phrases through zk-STARK and restore their addresses, which will enhance resilience against quantum attacks. This may require a hard fork of the network and a transition to new types of contract wallets that support post-quantum cryptography.
Thus, cryptocurrency that uses StarkWare and zk-STARK becomes protected from the threats of quantum computers through the application of post-quantum cryptography and innovative zero-knowledge proofs.
Vitalik Buterin, co-founder of Ethereum, proposed using zk-STARK to protect accounts from quantum computers. In the event of a quantum era, users will be able to confirm their mnemonic phrases through zk-STARK and restore their addresses, which will enhance resilience against quantum attacks. This may require a hard fork of the network and a transition to new types of contract wallets that support post-quantum cryptography.
Thus, cryptocurrency that uses StarkWare and zk-STARK becomes protected from the threats of quantum computers through the application of post-quantum cryptography and innovative zero-knowledge proofs.
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Starknet will unite the ecosystems of Ethereum and Bitcoin
The team noted that today "only about 1% of BTC is used for anything other than storage or trading." Among the main reasons for this are infrastructural limitations and the high cost of transactions at the base level.
According to the developers, Starknet as an L2 layer for Bitcoin will provide:
throughput of "thousands" TPS compared to the current 7 TPS;
an interval between blocks of up to two seconds instead of 10 minutes;
transaction fees of ~$0.002 compared to the current ~$2.
The network will also offer DeFi solutions based on the first cryptocurrency, including staking, lending, borrowing, and non-custodial trading.
The team noted that today "only about 1% of BTC is used for anything other than storage or trading." Among the main reasons for this are infrastructural limitations and the high cost of transactions at the base level.
According to the developers, Starknet as an L2 layer for Bitcoin will provide:
throughput of "thousands" TPS compared to the current 7 TPS;
an interval between blocks of up to two seconds instead of 10 minutes;
transaction fees of ~$0.002 compared to the current ~$2.
The network will also offer DeFi solutions based on the first cryptocurrency, including staking, lending, borrowing, and non-custodial trading.
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