Starknet to upgrade next week ── aim to improve processing speed | CoinDesk JAPAN | Coin Desk Japan

1 year ago 70

StarkNet, Layer 2 of the Ethereum blockchain, has announced that a major upgrade, “Quantum Leap,” will be introduced to its mainnet around July 13, about a week later.

Improve transaction processing speed

Quantum Leap aims to increase the number of transactions per second that a blockchain can process and reduce the time required to confirm and report transactions.

Quantum Leap went live on testnet on the 5th. According to a press release from Starknet operator StarkWare, if the community approves the code change in a governance vote, the upgrade will be rolled out to the mainnet around July 13.

It’s unclear how many transactions per second it will be able to handle after the upgrade, but Starkware claims it can handle at least 100 transactions. The development team also said that as congestion is reduced, Starknet will become a more competitive alternative for building applications.

Starkware co-founder Eli Ben-Sasson told CoinDesk that Quantum Leap “empowers developers to push beyond the limits of computation commonly found on other blockchains. It’s all about unleashing creativity through

Other upgrades planned

This improvement is part of Starknet’s roadmap. The roadmap includes a series of upgrades aimed at making it more scalable. Other upgrades aimed at reducing transaction fees and shortening block intervals are scheduled for Q3 and Q4 2023, according to Starknet’s website.

Additionally, preparations are underway to deploy Storage Proof, a technology aimed at mitigating hacking of cross-chain bridges, on the mainnet.

|Translation: CoinDeskJAPAN
|Editing: Rinan Hayashi
| Image: Natalie Schor/StarkWare
|Original: Starknet Plans ‘Quantum Leap’ Upgrade Next Week After Testnet Version Deployed

The post Starknet to upgrade next week ── aim to improve processing speed | CoinDesk JAPAN | Coin Desk Japan appeared first on Our Bitcoin News.

Read Entire Article