At the Starkware Sessions 2023 event at the Cameri Theater in Tel Aviv, Israel, Starkware co-founder Eli Ben-Sasson told the audience that the company intends to open source “key technology” related to Starknet Prover. During the event, the co-founder of the ethereum scaling project said it marked “an important step in scaling ethereum and cryptography.”
Key components of Starkware’s open-source Ethereum scaling project
The Ethereum scaling project Starkware has announced that the team intends to open source a component of Starknet, called Starknet Prover. This component generates cryptographic proofs for compressed transaction groups. Starkware has open-sourced the project’s software Papyrus and programming language Cairo 1.0. The open-sourcing of Starknet Prover was announced at the Starkware Sessions 2023 conference in Tel Aviv, Israel.
At the event, attendees learned about Proof of Storage and emission A plug-and-play full node called Starknode developed by Kasar Labs. “This is a milestone moment for scaling Ethereum, and cryptography more broadly,” said Eli Ben Sassen, co-founder and president of Starkware. “We see Prover as the magic wand of Stark technology. It magically generates proofs that scale unfathomably,” the Starkware exec added.
Starkware service Starknet will be operational in November 2021. The project has made many advances in 2022, including the open sourcing of Papyrus and Cairo. In March 2022, the blockchain API and node service Alchemy announced the use of Ethereum’s second layer (L2) service Starknet. The following month, MakerDAO revealed plans to integrate Starknet to reduce DAI transfer costs. At the end of December 2022, payment giant Visa published a blog post discussing the leverage of Ethereum and L2 service Starknet.
In November 2022, Starkware established a non-profit foundation to enhance the development of software and Starknet infrastructure. Of course, Stark technology isn’t actually magic, the project’s co-founders said. Instead, Starknet Prover is “solid cryptography” that the company hopes “everyone wants to have.” The company’s president added that developers and software engineers “should fully understand how it works, be able to modify and edit the code, and distribute it further.”
Starkware and its Starknet project are one of many Ethereum scaling and L2 projects as competition has become fierce over the past two years. Users have a variety of solutions to choose from, including Arbitrum, Optimism, Loopring, Zksync, Metis, Polygon, Hermez, Immutable X, Aztec, and Boba Network. Based on current metrics for the day, on February 5, 2023, the average cost of a general-purpose ZK rollup utilizing Starknet is $0.21 per transfer, while the cost of exchanging tokens via Starknet is $0.52.
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Alchemy, blockchain API, Blog Post, Cairo 1.0, co-founder, Code, Conference, cryptographic proofs, Cryptography, Developers, Development, distributed, Eli Ben-Sasson, ETH, Ethereum layer 2, Ethereum Scaling, infrastructure, israel, Kasar lab, L2, makerdao, node service, non-profit foundation, open source, operations, Papyrus, plug and play full node, programming language, scaling, software, software engineer, Starknet Prover, Starknode, starkware, Proof of Storage, Tel Aviv, Transactions, transfer fees, VISA
What are your thoughts on the open sourcing of Starknet Prover and its potential impact on Ethereum scaling projects and the field of cryptography in general? Let us know in the comments section below.
Jamie Redman
Jamie Redman is the Head of News for Bitcoin.com News and a fintech reporter based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
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