Straknet- Blockchain for scaling Ethereum

Starknet is a permissionless decentralized ZK-Rollup. It operates as an L2 network over Ethereum. It operates as a Layer 2 (L2) blockchain, enabling any dApp to achieve massive scale for its computation without compromising on Ethereums compatibility and security. ZK rollups consist of two main components- Off-chain batching mechanism- It generates a cryptographic proof from a batch of transactions in compressed form that reduces the amount of data to be posted to the blockchain. On-chain contract- It is deployed on Ethereum and controls the ZK-rollups...

source: https://tokenpost.com/Straknet-Blockchain-for-scaling-Ethereum-11300

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Published by: Book Club
Source: NewsService