Thread by @ZK_Daily

1/11. #StarkWare is one of the strongest internal force projects.

#Part 1⃣: Power of StarkWare
👉2/11 Team
👉3/11 Advisors
👉4/11 Backers
👉5-6/11 #zkSTARKs
👉7/11 What is #Cairo?
👉8/11 What is #SHARP?
👉9/11 Summary
👉10/11 Dev tools
👉11/11 Audit

#Part 2⃣: #SW ecosystem⏭️

2/11. #StarkWare Team
Co-founders are the top-notch Professor/Ph.D in computer science, math & zk technology. In addition, Starkware has 70 talented people who have profound backgrounds in technology 💪💪💪

starkware.co/about-us/

3/11. Advisors:
Advisors are also outstanding individuals in the fields of science, economics and crypto. @naval @ethereumJoseph

4/11. Backers:
StarkWare successfully raised $161M from big investors and got $12M from Ethereum foundation’s Grant. StarkWare is currently raising funds at $6 billion valuation.
@paradigm @sequoia @coinbase @ConsenSys @zhusu @PanteraCapital @multicoincap @naval @VitalikButerin

5/11. #zkSTARKs are novel cryptographic proofs invented by StarkWare.
#zk: protecting user’s privacy.
#Scalable: proof generation & verification and post-quantum secure.
#Transparent: public randomness, no trusted setup.
#ARK: off-chain prover calculates & generates Stark proofs

6/11.
Instead of computing proofs on Ethereum blockchain, #zkSTARKs allow blockchains to move computations to a single off-chain STARK prover and then verify the integrity of those computations using an on-chain STARK Verifier.

7/11. What is #Cairo?
Cairo is a language for scaling dApps using STARKs. A Turing-complete language making it possible for all blockchain developers to harness the power of STARKs.

8/11. SHARP :
SHARP (shared prover) technology allows separate applications to combine their batches of transactions into a single proof, to share the gas cost of verifying the proof on L1.

9/11. Summary:
txs is executed by Dapps -> send to a computational service -> batches txs -> sends the batch to SHARP (generate a proof) -> sends the STARK proof to the Verifier -> The service then sends an on-chain state update tx to the Contract.

10/11 Dev tools
Besides, Starkware is also developing other things: ethSTARK, Ziggy, VeeDo.
and many partners who provide tools for devs
@equilibrium_co @nethermindeth @shard_labs @InsightsFlow @OpenZeppelin @topology_gg

11/11. AUDIT:
There are some assigned auditing services giving their hands to support projects in need of Starknet contracts audit @peckshield @chain_security @ConsenSysAudits @nethermindeth @OpenZeppelin #ABDK