Starknet Description
Starknet is an unrestricted decentralized ZK Rollup that operates as an L2 network on Ethereum. Any dApp may achieve unlimited computation scale without compromising Ethereum’s composability or security. Starknet maintains the security of L1 Ethereum while achieving scale. It does this by producing STARK Proofs off-chain and verifying these proofs on-chain. Starknet Contracts allow developers to deploy any business logic. Starknet will offer composability at Ethereum's level, allowing for easy development and compounding of innovation. The STARK Prover is the engine that powers StarkEx's scalability engine. It has already demonstrated its ability to process 600K transactions on Mainnet in a single proof.
Starknet Alternatives
Raiden Network
The Raiden Network, an off-chain scaling solution that enables near-instant, low cost, and scalable payments, is the Raiden Network. It works with any ERC20 compatible token and is complementary to the Ethereum blockchain. The Raiden project continues to be developed. Its mission is to research state channel technology and define protocols. The Raiden Network is an infrastructure layer that sits on top of Ethereum's blockchain. Although the idea is simple, it is complex and difficult to implement. The technicalities can be simplified so developers can use a simple API to create scalable, decentralized applications that are based on Raiden Network. The Raiden Network's basic goal is to eliminate the blockchain consensus bottleneck. This is achieved by leveraging a network payment channels that allow secure transfer of value off-chain.
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zkLend
StarkNet's L2 money-market protocol, zkLend, is built on StarkNet. It combines zk-rollup scaleability, superior transaction speeds, cost savings, and Ethereum's security. The protocol offers two solutions: a permissioned and compliance-focused service for institutional clients and a permissionless service to DeFi users. This is all without sacrificing decentralization. zkLend believes that true decentralized finance must be built upon chains that are not only fast, cheap, and scalable, but also secure, decentralized, and secure. zkLend was built on the belief that Ethereum is the best decentralized solution. zk is also the only technology that can scale without compromising the unique properties that make Ethereum so special. StarkNet's L2 money-market protocol, zkLend, is built on StarkNet. It combines zk-rollup scaleability, superior transaction speeds, cost savings, and Ethereum's security. Users will be able deposit their assets into a reserve fund, which will provide liquidity to all money markets.
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Hermez
Hermez is an open-source ZK-Rollup that allows for token transfers using Ethereum's wings. It is secure, low-cost, and usable. Hermez seamlessly integrates with the Ethereum ecosystem and allows for low-cost token transfers to create an inclusive economy. High throughput, cost-effective token swaps and transfers. Open-source and decentralized architecture. Secure transactions require computational integrity. Zero-knowledge technology reduces transfer costs, making it easier to access financial services for mainstream adoption. Zero-knowledge-proof technology ensures computation integrity and on-chain data availability while also preserving the public blockchain properties. Hermez's mission to create a secure, resilient, and highly efficient payment network for the next generation digital currencies is to ensure that everyone has the freedom of transacting.
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Cartesi
Smart contracts can be built using mainstream software stacks. You can make a leap from Solidity to the vast array of Linux-supported software components. You can achieve a million-fold increase in computational scalability, large file data availability, and low transaction costs. All this while maintaining the strong security guarantees offered by Ethereum. You can keep your DApps private, from games that hide players' data to Enterprise applications that use sensitive data. Descartes performs large computational tasks off-chain on a Linux virtual computer fully specified by smart contracts. The computations are fully verifiable, and can be enforceable on-chain by Descartes node runners. This preserves the strong security guarantees of underlying blockchain. With multimillion-fold computational gains and strong security guarantees, you can overcome the Ethereum scalability limitations.
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Integrations
Company Details
Company:
StarkWare
Year Founded:
2018
Headquarters:
Israel
Website:
www.starknet.io
Media
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Product Details
Platforms
SaaS
Type of Training
Documentation
Videos
Customer Support
Online
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