Polygon and Starkware launched a new Small encryption proof “Circle Stark”

Author: Margaux Nijkerk, Coindesk; Compilation: Deng Tong, Bit Chain Vision World

  • “Circle Starks”, that is, the new encryption proof, should be faster and lower than the current transaction under the current technology.

  • The news marks the cooperation between Polygon Labs and Starkware. The two companies are usually competitors in the competition of the Ethereum blockchain ecosystem using the Layer 2 network expansion of the Ethereum ecosystem.

Blockchain team Polygon Labs and Starkware are nominally constructing competitors in Ethereum to build a leading Layer 2 network competition. They unite to build a new type of encryption certificate called “Circle Starks”, which aims to make transactions.Fast, lower cost.

These teams praise the new proof as a breakthrough in zero -knowledge Rollup technology. This technology is used to create auxiliary Layer 2 networks. The network can handle transactions more effectively than basic blockchains such as Ethereum.

According to the press release seen by Coindesk, the new Circle Stark should accelerate the proof process of Rollup, thereby improving the scalability and efficiency of the blockchain.

During the proof process, a bunch of Layer 2 transactions were tied together, and then returned to Ethereum main network blockchain and published in the so -called “valid certificate”.

Stark proves that it is a kind of validity proof, invented by Eli Ben-Sasson, co-founder of Starkware.The final determination speed of the new Circle Stark should be much faster than the current Stark proof.

Starkware has become the focus of the news this week because it is the main developer behind the Layer 2 blockchain StarkNet. Its controversial native Strk tokens immediately immediately made the market value of more than $ 1 billion in the project.Polygon’s MATIC token market value is about $ 8.5 billion.

Polygon co -founder Brendan Farmer said in an interview with CoinDesk: “This will indeed play a role in our new proof system PLONKY3.” “This is really very simple. This will only bring faster proof.We expected 7 to 10 times to improveEssence”

Plonky2 is the current proof system of Polygon and was launched in January 2022.

Farmer said the ultimate benefit is to reduce the user’s transaction costs and prove more types of applications.

The cooperation between Starkware and Polygon Labs may be surprising, because these two teams often compete with each other in the wide range of Ethereum expansion.The release time of Circle Starks has not been determined, but the white paper released on Wednesday was written by the Ulrich Haböck of Polygon Labs and the David Levit and Shahar Papini of Starkware, which can be obtained online.

Eli Ben-Sasson, co-founder of Starkware, said in an interview with CoinDesk: “I think this will create the most efficient certification system for a period of time.” “There is no doubt that there will be more breakthroughs and even further improved. I don’t think this means the end of everything, but this is a very important next step and a milestone. “

  • Related Posts

    Bankless: What are the decentralized content creation platforms worth paying attention to?

    Author: William M. Peaster, Bankless; compiled by: Tao Zhu, Bitchain Vision I have been writing in the field of crypto since 2017.Since then, I have turned writing into a career…

    VIRTUAL’s investment value

    Source: Daoshuo Blockchain AI agents are a track I am very optimistic about in this round of market.Although the entire track is now silent for various reasons, there are still…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Web3 Entrepreneurship New Logic under the New Global Trade Order

    • By jakiro
    • April 24, 2025
    • 12 views
    Web3 Entrepreneurship New Logic under the New Global Trade Order

    Russia’s Ministry of Finance and Central Bank intends to launch national cryptocurrency exchanges

    • By jakiro
    • April 24, 2025
    • 10 views
    Russia’s Ministry of Finance and Central Bank intends to launch national cryptocurrency exchanges

    Ethereum Pectra Upgrade Guide

    • By jakiro
    • April 24, 2025
    • 9 views
    Ethereum Pectra Upgrade Guide

    Trump: My $300 million TRUMP has just been unlocked. Don’t run and come and play the rankings

    • By jakiro
    • April 24, 2025
    • 10 views
    Trump: My $300 million TRUMP has just been unlocked. Don’t run and come and play the rankings

    Rethinking Bitcoin’s Lightning Network Design through Thunderbolt’s Perspective

    • By jakiro
    • April 24, 2025
    • 12 views
    Rethinking Bitcoin’s Lightning Network Design through Thunderbolt’s Perspective

    Crypto market may usher in a trend reversal to capture investment opportunities from short-term capital

    • By jakiro
    • April 24, 2025
    • 14 views
    Crypto market may usher in a trend reversal to capture investment opportunities from short-term capital
    Home
    News
    School
    Search