March 28, 2024

Experts: Istanbul hard fork increases StarkEx protocol scalability 2000 times

According to StarkWare specialists, the recent Istanbul update on the Ethereum network helped to record a record increasescalability of the StarkEx protocol for centralized exchanges.

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&#171;According to measurements (not a rough estimate), we broke Ethereum's scalability record after Istanbul with a 2000x improvement over the original network&#187;.- StarkWare said.

Israeli startup experts emphasized thatafter the hard fork, the protocol throughput reached 9,000 transactions per second with 75 gas each (18,000 payments per second). Prior to the upgrade, the indicators were 2,000 transactions and 300 gas, respectively.

Startup develops solutions to overcomeexisting shortcomings of various types of exchanges. StarkEx aims to solve the problem of self-storage of assets of traders of centralized exchanges. The StarkDEX protocol is expected to increase the liquidity of decentralized exchanges.

Experts: Istanbul hard fork increases StarkEx protocol scalability 2000 times

Source: StarkWare

StarkWare continues to develop a solution to the secondlevel for scaling the Ethereum network based on zk-STARKs zero-knowledge proof technology. The company noted that Istanbul “helped them significantly.”

Recall, on January 2, another hard fork took place on the Ethereum network - Muir Glacier.