StarkWare has unveiled Stwo, a new open-sourced prover based on zero-knowledge (ZK) technology to enhance proving latency and reduce transaction fees on its Starknet network. This development, revealed on Thursday at ETHDenver, is designed to generate cryptographic proofs more efficiently, a critical component in compressing transactions on Starknet. By optimizing proof generation, Stwo is expected to decrease StarkWare’s processing costs, subsequently lowering fees for end-users.
Ongoing developments in StarkWare’s ecosystem
The introduction of Stwo marks a significant step in StarkWare’s efforts to scale its blockchain network. According to Oren Katz, StarkWare’s COO, Stwo is set to unlock new scaling possibilities, being open-source from its inception. This move allows anyone to run the prover and access its codebase, facilitating the implementation of Stark-based systems by developers worldwide. Starknet and Starknet app chains are poised to benefit from reduced latency and processing costs over time, thanks to Stwo’s capabilities.
cryptopolitan.com