Bankless EthCC #3 | "StarkWare isn't Leaving Ethereum" - Eli Ben-Sasson and Uri Kolodny
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Jul 29, 2022 Eli Ben-Sasson and Uri Kolodny, co-founders of StarkWare, dive into the explosive growth of the zkEVM ecosystem and the recent StarkNet token announcement. They discuss StarkNet’s unique advantages in scaling Ethereum, primarily through the use of Cairo language. The guests emphasize their long-term commitment to Ethereum and outline the strategic importance of stability in the crypto space. They also cover the token allocation process and its role in fostering a developer-focused community amidst market challenges.
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StarkNet Roadmap
- StarkNet aims to achieve 10x Ethereum's throughput at 1/100th the cost by year's end.
- They are also working towards decentralization, enabling anyone to run a prover or sequencer.
StarkNet and ZK-EVMs
- StarkWare, while using validity proofs, doesn't consider StarkNet a ZK-EVM in the traditional sense.
- They emphasize their focus on scalability as their primary goal, preferring Cairo over EVM for this purpose.
Cairo vs. EVM
- Cairo offers better scaling than EVM due to different design constraints.
- StarkNet isn't superior to Ethereum but rather optimized for distinct scaling requirements.