Mail merge

Ethereum merger ‘sets precedent for further change’: StarkWare President Ben-Sasson

StarkWare President Eli Ben-Sasson said last month’s merger event was like “watching the deployment of the Webb telescope,” comparing Ethereumhistoric upgrade with the launch of the largest optical space telescope.

It was “inspiring to see a complex process executed seamlessly when so many steps could have gone wrong” and “the cost of failure could have been immense,” he added.

Last month, the second-largest crypto network by market cap transitioned from its energy-intensive network proof of work (PoW) one-to-one consensus mechanism proof of stake (PoS).

The upgrade also took years.

And in addition to removing mining from Ethereum and making the blockchain more environmentally friendly, it delivered a key message.

According to Ben-Sasson, this not only proved that Ethereum is capable of serious upgrades, but also gave the developers more confidence in their ability to execute the next parts of the upgrade and laid the important foundation for scaling solutions like StarkWare.

“The merger sets a precedent for further changes to Ethereum,” Ben-Sasson told Decrypt. “It’s exciting for us, as we’re working on scaling in a way that has seemed hard for some to imagine. We now see that big changes are possible.

starwarethe Israel-based company that develops Ethereum’s layer 2 scaling solutions StarkEx and StarkNet, aims to scale the network using zero-knowledge rollups, and is also preparing for big upgrades day, with two major milestones on the horizon.

First, there is Cairo 1.0, the recently announced Native smart contract language upgrade for StarkNet.

“Cairo 1.0 is a safer and more capable high-level language for writing anything Stark,” said the president of StarkWare. “It is now finalized and should be rolled out by the end of this year.”

After that, the team will run a relaunch of StarkNet on the Ethereum mainnet called Regensis.

These two updates are intended to improve the denial of service (DoS) protection and censorship resistance of the network, as well as to make gas charges on the Layer 2 network much more intuitive for users and developers.

Even that, however, is preparatory to an even bigger scaling tech update.

What is “Layer 3” scaling?

Cutting-edge technologies are a hotbed of complex jargon and crypto is no different.

After the mainnet came Layer 2 scaling solutions, like Arbitrum, Optimism, and StarkWare. And just as the community has finally grasped these new terms and businesses, the scaling gurus are introducing yet another layer.

Layer 3 scaling, which would provide a host of benefits including hyper-scalability, improved speed at which new features can be added, and increased privacy, has been introduced for the first time by StarkWare in December last year and recently discussed by Vitalik Buterin.

The co-creator of Ethereum describe the vision as “fundamentally reasonable” from a use case perspective, even though he argues that the goals could potentially be achieved by other means, not necessarily via a dedicated platform.

Talking about how Layer 3 would work in practical terms, how it would communicate with Layer 2, and most importantly, how secure such an architecture would be, Ben-Sasson compared Ethereum to a computer that “is very reliable, very secure , but also very slow.

“The way Layer 2 works is we have this mathematical technology called Starks, which we invented and perfected, which allows you to take a weak computer and have it checked for integrity and security against an amount of computation much larger,” he said. . “Basically, our Layer 2 is like attaching this much larger ecosystem to Ethereum and having this larger ecosystem have the same security as Ethereum because of Starks’ calculations,” Ben-Sasson said.

StarkWare’s layered ecosystem. Image: Starware.

There is also a small, very secure foundation on which, according to the president of StarkWare, “you can grow something like a tree, but on each of the leaves of this tree you can start to grow another tree using the same mathematical security. And that is exactly what Layer 3 is.”

To sum up, Ethereum is used to verify the security of the whole layer 2, which gives an exponential scale, and layer 2, or a small fraction of the computation on this layer, is then used to verify the security of whatever something much bigger, like this third layer of computing.

“The calculation means that the two L2 [layer-2] and L3 [layer-3] have the same security as Ethereum,” Ben-Sasson said.

The StarkWare boss admitted, however, that in terms of UX and application specifics, there is some trade-off between this ever-growing compute layer cake.

“Layer 3 will be much faster for specific applications such as payments, NFT or games, but if you want interoperability and composability, you’re probably better off with Layer 2,” he said. “We’ll probably see a mix of these things: some things will only be on Layer 2 and some will mix Layer 2 and Layer 3.”

StarkWare Token Launch

In July, StarkWare shared plans to launch a native token, originally planned for September.

The launch, however, has now been delayed, according to Ben-Sasson.

“Initially we were hoping it would be in September, but we want to improve it a bit in terms of the Solidity contract, so it’s actually been delayed for a month and it will be on-chain during that month. October,” says Ben-Sasson.

There will be no free token for users initially, as all tokens will be immediately locked after launch, with “provisions for teams going on a long journey,” he noted.

“The main thing we want to achieve with the token is that developers who do the most work and make the network sustainable will be rewarded,” Ben-Sasson said. “We want this to happen at the protocol level, but we also want this to happen through a sequence of allocations and distributions, primarily done by the Foundation. And the creation of the Foundation will also be announced very soon.

The Starware team. Picture: Stark Ware

Ben-Sasson also praised the “grassroots movement of serious developed teams” coming into the StarkWare ecosystem through the team’s approach to grant distribution.

Referring to other blockchain projects likely to attract developers with granted tokens for essentially porting existing code to a network, Ben-Sasson pointed out that StarkWare does things very differently.

“We certainly don’t give grants for simple cut-and-paste. In fact, you have to rewrite a lot of it in Cairo to make it work,” he said. “And this strength [of developers] rising very quickly and very strongly, it’s like a huge wave that comes and goes to sweep the blockchain world in the right direction.

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