newsStarknet's Quantum Leap Hits Testnet with TPS Reaching 'Triple Figures'

Starknet’s Quantum Leap Hits Testnet with TPS Reaching ‘Triple Figures’

Introduction

Starknet, a layer-2 scaling protocol for Ethereum, has successfully deployed its Quantum Leap upgrade on testnet. The upgrade is designed to significantly increase Starknet’s throughput, with the potential to process hundreds of transactions per second (TPS).

Quantum Leap

The Quantum Leap upgrade is a major milestone for Starknet. It is the culmination of months of work by the Starknet team, and it represents a significant step forward in the development of the protocol.

The upgrade is based on a number of key changes to Starknet’s architecture. These changes include:

A new sequencer design that is more efficient and scalable.

A new Cairo programming language that is better suited for ZK proofs.

A new set of tools and libraries that make it easier to develop DApps on Starknet.

Results

The results of the Quantum Leap upgrade have been promising. In testing, Starknet has been able to achieve TPS in the triple digits. This is a significant improvement over Starknet’s previous throughput, which was limited to a few dozen TPS.

The Quantum Leap upgrade also has the potential to significantly reduce the cost of transactions on Starknet. This is because the new sequencer design is more efficient, and the new Cairo programming language is better suited for ZK proofs.

Implications

The successful deployment of the Quantum Leap upgrade is a major win for Starknet. It shows that the protocol is on track to become a major player in the Ethereum scaling landscape.

The upgrade also has implications for the wider DeFi ecosystem. Starknet is now well-positioned to become a platform for high-throughput, low-cost DeFi applications.

Conclusion

The Quantum Leap upgrade is a significant milestone for Starknet. It represents a major step forward in the development of the protocol, and it has the potential to make Starknet a major player in the Ethereum scaling landscape.

Future Plans

The Starknet team is now focused on the next phase of development. The team plans to continue to improve Starknet’s throughput and scalability, and to make it easier for developers to build DApps on the platform.

The team also plans to integrate Starknet with other Ethereum scaling solutions, such as Optimism and Arbitrum. This will allow Starknet to offer a wider range of features and benefits to users.

Conclusion

The Quantum Leap upgrade is a major step forward for Starknet. It has the potential to make Starknet a major player in the Ethereum scaling landscape, and it could help to accelerate the adoption of DeFi.

The Starknet team is committed to further developing the protocol, and they are confident that Starknet will play a major role in the future of Ethereum.

Share This Post

Related Posts

OKX Appoints Linda Lacewell as Chief Legal Officer Amid Regulatory Challenges

Cryptocurrency exchange OKX has named Linda Lacewell as its...

Blockchain Association CEO Kristin Smith to Lead New Solana Policy Institute

Kristin Smith, the longtime CEO of the Blockchain Association,...

BlackRock Expands into Europe’s Cryptocurrency ETP Market with Bitcoin Strategy

BlackRock has officially entered Europe's cryptocurrency exchange-traded product (ETP)...

Dogecoin Price Surges Following Launch of Official Dogecoin Reserve

Dogecoin's price surged by more than 5% following the...

BlackRock Launches iShares Bitcoin ETP in Europe with Competitive Fee Structure

BlackRock is set to launch its iShares Bitcoin Exchange-Traded...

FOMC Rate Review Poised to Stir Crypto Market Volatility

The Federal Open Market Committee (FOMC) is set to...