what is up everyone i'm mike and welcome back to top crypto
and now we're going to talk about another high potential project called starkware
but before that please notice our disclaimer since i'm not a financial advisor so this
video is informational purpose only so without further ado let's start
stark is a verification system it employs cutting edge encryption to give polylogarithmic
verification resources and proof size while making minimal and post-quantum assumptions
pioneers of stark proof scalability security and privacy are coming to a blockchain near you
locked in total value in u.s dollars 1.1 billion dollars the most recent update was on february 10
2022 number of transactions total applied to all deployments tx-106m
the most recent update was on february 10 2022 trading in cumulative form in us dollars
390 billion dollars the most recent update was on february 10 2022 starcx uses start technology
to provide scalable self-custodial transactions trading and payments for defy and gaming apps
starkx allows an application to grow considerably enhanced transaction speed and lower transaction
costs implementation necessitates very minor changes to current configurations
starcx presently accepts eth erc 20 and erc 721 tokens as well as synthetic assets
furthermore it is easily capable of supporting tokens on other evm-compatible blockchains
starcx is a scalability solution for ethereum layer 2 l2 based on validity proofs
it supports both zk rollup and volidium data availability modes
every starkex based application specifies its own business logic and operates on the starkex service
the system has both an off chain and an on-chain component the off-chain component manages order
state executes transactions in the system and provides state updates to the on-chain component
the on-chain component is in charge of ensuring the legality of state transitions
and holding the state commitments and system assets starkex for spot trading handles on
chain accounts which are helpful in the context of layer 1 l1 dap interoperability and defy pooling
what exactly is start net startnet is a decentralized permissionless zk rollup
it functions as an l2 network on top of ethereum allowing any dap to attain infinite scale for
its processing without jeopardizing ethereum's composability or security
integrity and scalability startnet promotes scale while maintaining l1 ethereum security
by creating start proofs off-chain and then confirming those proofs on chain general goals
using start net contracts developers can quickly deploy any business logic on start net
composability startnet offers ethereum level composability allowing for simple development
and innovation starcore solutions inc starks can help you scale your app
to provide an ethereum secure quick and smooth user experience our scaling solutions employ
start-based validity proofs they are compatible with a variety of data availability modalities
our solutions thanks to sharp shared prover technology provide the same low marginal gas cost
per transaction to all applications regardless of size create a blockchain based application
it's not as difficult as it sounds use darknet to implement your own solution or starkex to create
a custom solution in any case you're leveraging the power of start technology to create infinite
scaling for any dap any possible application whatever your concept the programming tools
to make it a reality already exist cairo the powerful touring complete programming language
can be deployed fast for any use case it enables l2 solutions that are fully interoperable with l1
starks have driven a multitude of use cases on mainnet since june 2020
clearing over 100 billion dollars in total trade and tens of millions of transactions
any dimension start technology can power any project no matter how big or little today's
stark solutions enable you to scale even farther than before the first generation
of stark solutions drastically scaled blockchain and lowered gas costs by batching thousands of
transactions from a single application and processing them with a single proof
stark solutions may now combine batches from many apps into a single proof
for efficiency this is the blockchain equivalent of sharing a cab with others
and now for the developers the first is cairo cairo is a language for writing stark provable
general purpose applications cairo drives starcx which scales mainnet applications
including dydx sarare immutablex and diversify startnet a permissionless
decentralized validityrollup network uses cairo as its native smart contract language starkware
labs comes next use f-start to compress chains of rescue hash function calculations with high speed
ziggy is a zk-stark-based post-quantum secure signature technique veedoo is a protocol that
combines two cryptographic technologies starks and vdf verifiable delay functions
vdo may be used to provide utilities like trustless randomization and a time lock
start 101 is a hands-on lesson that teaches you how to create a start prover
from scratch in python 1. commitment statement and low-degree extension
2. polynomial restrictions three commitment to friends four queries from friends
each part includes a brief explanatory video as well as a jupiter practice notebook
to use the notebook you may download it from our github source and install it locally
or you can run it online using binder the lesson assumes that you are familiar with python and
have some mathematical background including finite field arithmetics stark 101 began as
a live workshop in tel aviv in september 2019 as part of the starkware sessions
and here's the partners of starkware dydx sarare immutable diversify and nether mind
now hear the team of starkware eli bensassen co-founder president eli ben sassen is the
co-founder and president of starkware he has been researching cryptographic and zero-knowledge
proofs of computational integrity since 2001. eli is a co-inventor of the stark fri and zerocash
protocols yuri kolodny co-founder ceo yuri kolodny is co-founder and ceo at starkware
he has a besc magna [ __ ] laude in computer science from the hebrew university and an mba
from mit sloan yuri is a serial entrepreneur who has co-founded several technology companies
michael riebzev co-founder michael ryabsev is a co-founder and chief architect at starkware
he has 14 years of software development experience including at intel and ibm michael
has worked on hardware acceleration cryptographic algorithms gpgpu sdn web development and more
and for scientific advisors abby wigterson shafi goldwasser madhu sudan shibangi suroth and swastik
kaparti and here's the advisors balaji srinivasan joseph lubin naval ravicont tom glosser and zack
stone board members parish devarajan independent board member matt huang board member and joey
crude board observer investors of starkware paradigm sequoia pantera and three-arrow capital
and now let's go to the twitter page of starkware they joined twitter on january 2018 and now have
103.7k followers and here's the pinned post of stark or starknet alpha first step on mainnet you
can read more here in medium the link is provided in this tweet and that's all for starkwear come
and visit subscribe and watch out for another videos here in topcrypto thank you for watching