ZK Daily Profile picture
Global Media Channel that updates every heartbeat of the market. We conduct in-depth research to provide News, Analytics, Insights for worldwide ZK audiences.

May 21, 2022, 13 tweets

1/12 #Part 2⃣: StarkWare Ecosystem

πŸ‘‰2/12 Overview
πŸ‘‰3-4/12 #StarkEx
πŸ‘‰5/12 #StarkNet
πŸ‘‰6-7/12 Who is building on #starkNet?
πŸ‘‰8/12 Skininthegame
πŸ‘‰9/12 Layer #3
πŸ‘‰10-11/12 Roadmap
πŸ‘‰12/12 Comparison

#Part 1⃣: Powerl of StarkWare (πŸ‘‰)

2/12. Overview

StarkWare is STARK Proof Pioneers, bringing scalability, security, and privacy to a blockchain.

#StarkWare = #StarkEx (Validium/Volition; App-Specific, Permissioned) + #StarkNet (zkRollup; General purpose, Composability, Permissionless)

3/12. #StarkEx is the first product, and it is a permissioned #scaling #engine that runs over Ethereum. Just #special #purpose use cases. Ex payment, trade, swap, perp, minting NFT... that are very specific functionalities. You can see @deversifi, @dYdX, @Immutable, @Sorare

4/12. #StarkEx launched mainnet from June, 2021. Now is V4.5 that supports Volition.
StarkEx reaches >$1B TLV, ~170M total txs, >$596B cumulative trading πŸ‘‡

5/12. #StarkNet is a permissionless decentralized zk-rollup (actuality is Validity-Rollup), enabling any dApp to achieve unlimited scale for its computation - without compromising Ethereum’s composability & security. So anyone can write any kind of logic for any purpose they want

6/12. #StarkNet launched Alpha mainnet from Nov 2021. Now StarkNet Alpha 0.8.1 – Live on mainnet. And there is a rapidly increasing number of protocols built on #StarkNet πŸš€

7/12. You can see all legos in this thread πŸ‘‡

8/12. Don’t forget #skininthegame native projects on #StarkNet πŸ‘‡

9/12. #Starkware just introduced fractal scaling, which implies #Starknet layer 2 breaks into two levels to utilize Layer 1 Ethereum security, improve privacy, and become hyper scalable. Starknet's application-specific Layer 3 reduces costs by about 1,000,000x over Layer 1.

10/12 Roadmap
0⃣Foundationsβœ…: The STARK software stack.
1⃣Planets: Single-App Rollups - Write and prove any business logic using StarkNet Contracts.
2⃣Constellations: Multi-App Rollups - Multiple SN Contracts with a single composable state.
3⃣Universe: Full decentralized SN.

11/12.
#StarkGate Alpha is live on Mainnet. You can move assets from Ethereum Mainnet to #StarkNet Alpha, and the other way around.
You also can run your StarkNet #Node instead of asking them wen token?
What next events do you expect? comment below πŸ‘‡

12/12. Compare to others πŸ‘‡

Correction: (1) Zorro is closed. (2) Warp. Thanks for correct me @odin_free

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling