Local Proof Generation Comes to Phones and Laptops

STARK Two is now available in public alpha, with full Starknet integration planned for later this year. According to StarkWare, the prover runs on CPUs, GPUs, and soon even browsers, allowing everyday users to prove sensitive information without revealing it.

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Eli Ben-Sasson, CEO of StarkWare, said, “The prover used to be our magic wand — now it’s a lightsaber in your pocket.”

39x Performance Boost for Real-World Use Cases

Benchmark tests revealed that S-two is 39 times faster than previous ZK provers. This performance unlocks privacy-preserving applications in identity, payments, messaging, and onchain salaries — all without exposing sensitive data.

StarkWare emphasized that verifiable execution proofs can also be generated offline — a game-changer for industries like gaming, where players can prove achievements post-session without constant online connectivity.

Industry Adoption Already Underway

Developers are already integrating S-two. Kakarot uses it in ETHProofs, Nexus is aligning RISC-V traces, and ZAN along with AntChain OpenLabs are accelerating the prover via GPU enhancements. StarkWare stated that hardware-agnostic architecture is central to its vision of mainstream ZK adoption.

COO Oren Katz added, “You can now prove a valid payment without revealing your balance, or verify your ID without exposing personal details. That’s a major leap toward real-world ZK utility.”

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According to a framework proposed by Ethereum co-founder Vitalik Buterin, Starknet has now reached “Stage 1” decentralization, marking a shift to limited governance and operational independence.

And the timing couldn’t be better — Starknet has also emerged as the largest ZK-rollup-based layer-2 network by total value locked (TVL).

Starknet Leads ZK-Rollups With $629 Million TVL

With a TVL of $629 million, Starknet now outpaces close competitor ZKsync, which holds $610 million, as reported by L2Beat. This positions Starknet at the forefront of ZK-rollup technologies in terms of locked value, making it a benchmark among zero-knowledge scaling solutions.

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The project’s advancement to “Stage 1” decentralization was supported by technical measures like the implementation of a security council and censorship resistance mechanisms. Starknet has also adopted validity proofs, allowing cryptographic verification of all transactions via smart contracts — a core difference from the fraud-proof model used by Optimistic rollups.

Stage 2 In Sight, With Eyes On Bitcoin

StarkWare CEO Eli Ben-Sasson stated that the long-term vision is to reach “Stage 2” decentralization, where the network will be fully autonomous and community-driven. Only a few small layer-2 networks have achieved this so far.

Interestingly, Ben-Sasson also mentioned that Starknet’s ambitions extend to Bitcoin, suggesting parallel development on the world’s largest blockchain.

Currently, the entire layer-2 ecosystem holds around $44.2 billion in value, though it remains down 20% year-to-date. Base, Coinbase’s Optimistic rollup, leads the sector with $14.7 billion in locked assets, accounting for a 33% market share.

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This achievement highlights how far Base has come since January when it averaged only 4 TPS. Base’s founder, Jesse Pollak, emphasized that TPS has increased by 28% since November 23.

According to L2BEAT data, Base now holds $10.68 billion in TVL, ranking second among Ethereum layer-2 solutions. It trails only Arbitrum One, which has $18.3 billion in TVL. Base secured this position in June after overtaking OP Mainnet.

The total TVL across Ethereum layer-2 networks currently stands at $49.3 billion.

Base has also reached a significant milestone in transaction volume. The network surpassed 1 billion transactions, driven largely by the memecoin frenzy during this bull cycle. However, the surge in memecoin activity has also attracted scammers. Between January and March, losses from phishing attacks on the network increased 18-fold.

While addressing these challenges, Base is making strides toward decentralization. In October, the implementation of fault proofs marked an important step in making the network more decentralized.

Base’s rise is seen as a challenge to fast blockchain solutions like Solana. StarkWare CEO Eli Ben Sasson noted that solutions like Base will increase competition, predicting significant TPS improvements in the coming months.

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Cosmos and Starknet run on separate code bases right now. On Ethereum, Starknet is a permissionless distributed ZK-Rolldown acting as a Layer 2 network. While maintaining main network security, it guarantees high throughput and cheap transaction costs using STARK proofs. Conversely, Cosmos is an ecosystem made from many chains created with the Cosmos SDK. These chains talk with one another using the IBC protocol and the Tendermint consensus mechanism.

By means of this integration, Starknet will be able to interact with any IBC-compatible chain, including all Cosmos chains as well as others outside the Cosmos ecosystem that have embraced this capability.

StarkWare clarified that the main goals of this cooperation with Informal Systems are further decentralization and widening the interoperability of Starknet.

“This partnership aims to achieve two primary goals for Starknet: enhancing decentralization and interoperability via exploration of the Tendermint consensus algorithm and the IBC protocol,” it stated.

IBC’s efficiency stems mostly from its use of light client verification. Two chains should not validate their whole counterpart’s state when they want to interact. Rather, they authenticate cryptographic proof connected to transactions on the other chain using light clients, simplified versions of a blockchain node. Working on multiple research and development projects like bringing STARKs to Bitcoin, a ZKThreads framework for “fractal scaling,” parallel transaction processing, and others over the past year, Starkware has been.

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Major blockchain networks like Bitcoin and Ethereum are facing scalability challenges due to the increasing number of users and transaction volumes. These challenges adversely affect the speed and efficiency of the networks, impacting user experience. StarkWare is working on various technological solutions to address these issues, particularly aiming to use zero-knowledge technology to tackle scalability problems.

Zero-knowledge technology is used to provide privacy and security on blockchain networks. By keeping transaction data confidential, this technology not only increases the network’s capacity but also ensures transaction security. StarkWare aims to leverage this technology to scale up major blockchain networks like Bitcoin and Ethereum.

Eli Ben-Sasson, CEO of StarkWare, stated, “StarkWare is working on a solution that will settle on both Bitcoin and Ethereum simultaneously, scaling these networks to thousands of transactions per second. This solution is specifically designed to address Bitcoin’s scaling issues and will make a significant contribution to the industry.”

StarkWare’s scaling solutions for Bitcoin and Ethereum have generated great excitement in the cryptocurrency world. These solutions herald a new era in scaling blockchain networks, enabling users to conduct faster and more secure transactions.

In conclusion, StarkWare’s efforts to develop scaling solutions for Bitcoin and Ethereum represent a significant step forward for the cryptocurrency industry. These solutions not only promise to increase the reach of blockchain technology but also pave the way for a more mature cryptocurrency ecosystem.

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StarkWare’s Announcement Attracted Attention

StarkWare announcement at X is as follows:

Following feedback from our ecosystem friends and collaborators, we’ve decided to revise the lockup schedule for StarkWare’s early contributors and investors, making it more gradual.

Our community’s trust is paramount, and we’re committed to demonstrating our dedication through innovative technology that upholds blockchain principles and endures over time.

Background:
Tokens allocated to StarkWare’s early contributors and investors have been subject to a lockup period. These stakeholders provided crucial support during StarkWare’s research and initial development stages of Starknet.

Originally, approximately one-third of these tokens (~1.3 billion) were set to unlock on April 15. However, after careful consideration of recent feedback, StarkWare has chosen to modify the unlocking schedule to ensure a more gradual release.

The adjusted schedule is as follows:
On April 15, 0.64% of the initially minted 10 billion tokens (equivalent to 64 million tokens) will unlock, as opposed to the previously planned 13.4% (1.34 billion tokens).

The gradual unlocking will then continue, with 64 million tokens becoming available monthly until March 15, 2025. Subsequently, the rate will increase to 1.27% (127 million tokens) monthly for the following 24 months until March 15, 2027.

Under this updated plan, 580 million tokens held by early contributors and investors will be unlocked by the end of 2024, compared to the 2 billion tokens previously scheduled.

Furthermore, an additional 1.4 billion tokens will gradually unlock by the end of 2025, followed by another 1.5 billion by the end of 2026, and finally, 380 million by March 15, 2027.

We extend our gratitude to the community for their invaluable feedback and contributions.

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