StarkWare Says It Will Launch Layer 3 on Ethereum
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StarkWare Says It Will Launch Layer 3 on Ethereum

THELOGICALINDIAN - StarkWare has become the aboriginal scalability band-aid to plan Layer 3 blockchains

StarkWare, a close aiming to calibration Ethereum application Zero-Knowledge Rollups, has appear that it is already planning Layer 3 chains.

Layer 3s to Expand StarkWare’s Scalability Infrastructure

StarkWare, a accepted scalability solutions provider on Ethereum, is planning Band 3 chains. It has appear affairs to barrage an added off-chain ciphering band on the absolute Band 2 arrangement accepted as StarkNet.

In a Tuesday blog post, StarkWare appear that Layer 3 chains will added advance the scalability of its blockchain infrastructure. Building on top of its capital Layer 2 StarkNet, Layer 3s will accommodate “hyperscalability” and added drive bottomward Ethereum gas costs.

The StarkWare aggregation is additionally answer the achievability of an added Layer 4 for boxlike scalability, should it be accounted necessary.

Due to a renewed architecture, StarkEx, its accepted artefact that admiral dApps such as dYdX, Immutable, and DeversiFi, will move to Layer 3. As a result, StarkEx will draw aegis from Ethereum by sitting on top of StarkNet.

Gidi Kaempfer, the arch of amount engineering at StarkWare, writes that the revamped architectonics for assertive applications will accommodated the needs of “specific dressmaking that may bigger be served by a new and abstracted layer.”

The aggregation explained its Ethereum ecosystem will be led by StarkNet. Serving as Layer 2, StarkNet will validate assorted Layer 3s, anniversary committed to assorted use cases.

The aggregation claims that its new band will accomplish affairs almost one actor times beneath big-ticket than Ethereum’s Band 1. This way, StarkWare will acquire the adeptness to abutment high-throughput apps like amateur and amusing media.

Explaining how the technology will operate, Kaempfer explained that the aggregation would arrange a “verifier acute contract” on Layer 3s. Working with StarkWare’s Validium proofs, the verifier arrangement will ensure the adherence of abstracts is maintained beyond all layers.

StarkWare is the aboriginal amid all the notable Layer 2 solutions to advertise a planned move to Layer 3s. In Nov. 2021, the close raised $50 million in a Series C allotment annular at a $2 billion valuation.

Disclosure: At the time of writing, the columnist of this allotment endemic ETH and added cryptocurrencies.