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StarkWare's Prover, known as the ‘magic wand’ for Ethereum scalability, will soon be available as open-source.

In Brief

The STARK Prover, integral to the scaling of Ethereum, is set to be released as open-source.

This is a watershed moment for Ethereum scaling. It was unveiled at a major gathering of the Ethereum community.

On Sunday, February 5, it was announced that the world's leading Zero Knowledge software – dubbed as Ethereum's 'magic wand' for scalability – will be open-sourced.

The STARK Prover functions as a powerful engine that creates cryptographic proofs, condensing vast numbers of transactions into a file size smaller than that of a typical smartphone photo before being submitted to Ethereum.

It underpins StarkNet and StarkEx, collectively achieving a scaling efficiency that surpasses all other ‘Layer 2’ (L2) solutions combined. STARK is a suite of cryptographic protocols that StarkNet and StarkEx utilize to expand capacity while ensuring Ethereum's security remains intact. transactions on Ethereum StarkWare chose the largest L2 gathering ever – StarkWare Sessions 2023 held in Tel Aviv – to unveil their intention of making the STARK Prover open-source. It will be rebranded as the Starknet Prover.

StarkWare emphasized that while the open-sourcing implementation will take some time, their aim is to eventually make the entire Starknet technology stack freely available to the public. Ethereum community “This is a pivotal turning point for Ethereum’s scalability and cryptography as a whole,” noted Eli Ben-Sasson, co-founder and President of StarkWare, addressing an audience of 500 industry experts. “STARK technology will finally find its rightful place as a resource for the public, benefitting everyone.”

“We perceive the Prover as the enchanting tool of STARK technology. It astoundingly produces proofs that facilitate remarkable scaling. However, it’s important to remember that it’s backed by robust cryptographic principles, and today we're encouraging those interested to take it and shape it to suit their needs.”

Speaking at a two-day summit in Tel Aviv attended by industry figures, developers, and researchers focused on Ethereum scaling, Ben-Sasson remarked: “In the wake of the FTX incident, there’s a heightened focus on establishing scalable, user-friendly solutions. This is essential for building confidence among users to adopt the true essence of cryptocurrency.” blockchain developers “Every stride we take towards enhancing infrastructure and ensuring it remains both accessible and decentralized serves as a spark for developers. The quicker and more expansively they innovate, the sooner we can usher in mainstream adoption of tools that empower individuals to take charge of their finances. Thus, there’s a direct correlation between open-sourcing key technologies and promoting self-custody.”

Please be advised that the details provided on this webpage are not intended to serve as legal, tax, investment, or financial advice. Always invest responsibly and seek independent financial guidance if you have any uncertainties. For more information, we encourage you to check out the terms and conditions alongside the help and support resources offered by the issuer or promoter. MetaversePost is devoted to delivering accurate and impartial news, yet market conditions can shift without notice. saying that everyone Karolina is a writer and journalist enriched by her background in literary studies. She has a passion for engaging technological solutions and art, with NFTs often embodying a perfect blend of both. Beyond her professional life, she nurtures houseplants, loves vintage fashion, and enjoys gaming.

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Disclaimer

In line with the Trust Project guidelines Exploring how initiatives leverage digital currency's potential to support charitable efforts from Ripple to The Big Green DAO.

StarkWare's Prover, often referred to as the 'magic wand' for enhancing Ethereum's scalability, is set to become open-source.

A pivotal announcement for the Ethereum community emerged during a significant gathering, marking a crucial development in scaling efforts. The world’s leading Zero Knowledge software, dubbed the ‘magic wand’ for Ethereum, was unveiled.

Know More

The much-anticipated STARK Prover for boosting Ethereum's capacity is on track to be open-sourced.

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Published on February 5, 2023, at 7:00 am and updated later that day at 1:44 pm.
Press Releases
Published on February 5, 2023, at 7:00 am and updated later that day at 1:44 pm.
To enhance your experience in your local language, we sometimes utilize an automated translation tool. Please keep in mind that such translations may lack accuracy, so it’s advisable to read carefully.
Press Releases
To enhance your experience in your local language, we sometimes utilize an automated translation tool. Please keep in mind that such translations may lack accuracy, so it’s advisable to read carefully.
The STARK Prover, designed to enhance Ethereum's scalability, is slated for open-source release.
Press Releases Business Markets Technology
The STARK Prover, designed to enhance Ethereum's scalability, is slated for open-source release.