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Cryptoify News > Blog > Altcoin News > Starkware Plans to Open Source Key Tech Linked to Starknet Prover
Altcoin News

Starkware Plans to Open Source Key Tech Linked to Starknet Prover

cryptoifynews
Last updated: 2023/02/06 at 8:48 PM
cryptoifynews  - Crypto
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At the Starkware Sessions 2023 event, held at the Cameri Theatre in Tel Aviv, Israel, Starkware co-founder Eli Ben-Sasson informed the audience that the company intends to open source “key tech” linked to the Starknet Prover. During the event, the co-founder of the Ethereum scaling project stated that this marks a “significant step for scaling Ethereum and cryptography.”

 

 

Starkware to Open Source Key Component of Ethereum Scaling Project

 

The Ethereum scaling project, Starkware, has declared that the team intends to open source the component of Starknet known as the Starknet Prover. This component generates cryptographic proofs for compressed groups of transactions. Starkware has already open-sourced the project’s software, Papyrus, and the programming language, Cairo 1.0. The announcement of the open sourcing of the Starknet Prover was made at the Starkware Sessions 2023 conference in Tel Aviv, Israel.

 

At the event, attendees learned about technologies such as storage proofs and the launch of a plug-and-play full-node called Starknode by Kasar Labs. “This is a landmark moment for scaling Ethereum and, in a broader sense, for cryptography,” said Eli Ben-Sasson, co-founder and president of Starkware. “We view the Prover as the magic wand of Stark technology. It wondrously generates the proofs that enable unfathomable scaling,” added the Starkware executive.

 

The Starkware service, Starknet, became operational in Nov. 2021. The project has made numerous advances in 2022, including the open sourcing of Papyrus and Cairo. In March 2022, the blockchain API and node service,

Alchemy, announced its use of the Ethereum layer two (L2) service, Starknet. The following month, MakerDAO disclosed plans to integrate Starknet to reduce DAI transfer costs. At the end of Dec. 2022, payment giant Visa published a blog post discussing the leveraging of Ethereum and the L2 service, Starknet.

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