Ethereum

Starknet

Polygon

<div class="coinjournal">
 <ul>
  <li>Polygon Labs and StarkWare collaborate on Circle STARKs for ZK rollups.</li>
  <li>Circle STARKs promise faster, cheaper transactions for layer-2 networks.</li>
  <li>The joint effort signifies a commitment to innovation in the Ethereum scaling landscape.</li>
 </ul>
 <p><a rel="noopener noreferrer nofollow" title="Polygon" href="https://thebittimes.com/tag/polygon.html">Polygon</a> Labs and StarkWare, typically fierce competitors in the Ethereum scaling race, have set aside their rivalry to <a rel="noopener noreferrer nofollow" title="unveil" href="https://thebittimes.com/tag/unveil.html">unveil</a> a new frontier in cryptographic proofs named “Circle STARKs.”</p>
 <p>StarkWare, known for its involvement in the controversial Starknet blockchain, has been a prominent developer in the layer-2 space. On the other hand, <a rel="noopener noreferrer nofollow" title="Polygon" href="https://thebittimes.com/tag/polygon.html">Polygon</a>, with its widely-used MATIC tokens, is a key player in Ethereum’s scaling efforts.</p>
 <p>This unexpected collaboration underscores the industry’s commitment to overcoming scalability challenges and driving technological advancements.</p>
 <h2 id="accelerating-zk-rollups-proving-process">Accelerating Zk rollups proving process</h2>
 <p>The Circle STARKs promise to <a rel="noopener noreferrer nofollow" title="streamline" href="https://thebittimes.com/tag/streamline.html">streamline</a> the proving process for zero-knowledge (Zk) rollups, leading to faster and more cost-effective transactions compared to current technologies.</p>
 <p>Circle STARKs signify a leap forward in Zk technology, specifically tailored for layer-2 networks. It aims to enhance the efficiency of blockchain transactions by significantly speeding up the proving process for rollups. The cryptographic proofs, a brainchild of StarkWare co-founder Eli Ben-Sasson, are set to outpace existing STARK proofs, promising a seven-to-10 times improvement.</p>
 <p>The upcoming Plonky3 proving system from <a rel="noopener noreferrer nofollow" title="Polygon" href="https://thebittimes.com/tag/polygon.html">Polygon</a> is also slated to integrate Circle STARKs, ensuring lower transaction fees for users and expanding the scope of applications that can be proven.</p>
 <p>The co-founders of the two crypto firms emphasize that while Circle STARKs represent a pivotal advancement, the journey doesn’t end here. They anticipate continuous breakthroughs and improvements, reflecting the dynamic nature of blockchain technology.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/polygon-and-starkware-unveil-circle-starks-to-streamline-zk-proofs-tbt80444.html">https://thebittimes.com/polygon-and-starkware-unveil-circle-starks-to-streamline-zk-proofs-tbt80444.html</a></p>

Polygon and StarkWare unveil Circle STARKs to streamline Zk Proofs

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