What if we were slowly, but surely moving towards a total overhaul of the Ethereum (ETH) blockchain? In any case, this is what StarkWare, a company specializing in the scalability of blockchains, thinks. For StarkWare, Ethereum will become faster and above all more energy efficient thanks to the upcoming Merger and also to new technologies such as the one newly designed by its team of developers.
A new technology for Ethereum
“After enabling recursion this week, we now have the ability to grouping tens of millions of non-fungible tokens in a single recursive proof, and therefore in a single Ethereum transaction”. This is the statement made by Eli Ben-Sasson, president and co-founder of StarkWare, in a press release provided to CoinDesk.
The director wanted to clarify that this new technology will not be implemented at the moment. “We are not yet using recursive proof technology as it should be, but it is in place and as soon as the traffic will deserve it, we will do it. This is what blockchain scaling is all about: building to avoid the bottlenecks of tomorrow”.
Mode of operation
How does this new technology work? According to the company StarkWare, the technology of recursive proofs, like zk-Rollups, initially lightens the load on the main Ethereum chain. For this, it groups hundreds of transactions off the chain. Then she uses a network of validators in order to ensure that the data present in each packet is legitimate. However, recursive proof technology seems to be more efficient than zk-rollups in terms of the number of transactions supported.
There is no doubt that this new technology, created by StarkWare, will attract many developers and venture capitalists, as was the case with the zk-Rollups. As a reminder, the company had managed to raise a total of $100 million thanks to investors seduced by the advantages of these solutions.
StarkWare has developed a new technology known as recursive proofs with the aim of facilitating transactions on the Ethereum (ETH) blockchain, and with the aim of making it even more efficient than it is. With this technology, the blockchain will be able to become faster, more reliable and more secure.
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