Starkware Founders: Ethereum Could Surpass Visa's Transaction Speeds Within Months

Starkware Founders: Ethereum Could Surpass Visa's Transaction Speeds Within Months

This week on The Defiant Podcast we speak with Uri Kolodny and Eli Ben-Sasson, the co-founders of Starkware, one of the leading Layer 2 scaling solutions for Ethereum.

Post Merge, Ethereum continues to rely on scaling solutions like Starkware and will continue to do so, according to the network’s long-term roadmap.

Visa processes 1700 transactions per second, and that number is often quoted as the Holy Grail for a blockchain to become a viable settlement layer for finance. They explain how that can be achieved with the help of Starkware.

In the early stages of building Starkware, Uri and Eli had decided not to launch a token. After two years of running Starkware and StarkNet being in alpha, is a STARK token on the horizon?

Currently, Starkware is solely used for scaling Ethereum. We talk about Uri and Eli’s plans to expand Starkware’s services to other Layer 1s.

Finally, we discuss the future of scaling solutions, decentralized applications, DeFi, NFTs, and more.

🙏 Thanking our podcast sponsors:

  • 1inch is a DEX aggregator that finds the best rates across multiple networks. Why use a single DEX when you can use them all? Find your best deal at 1inch.
  • ZenGo is a crypto wallet that uses biometric encryption, 3FA authentication and MPC wallet cryptography instead of private keys.
  • Aleo is enabling developers to build their own private and scalable apps. Currently in their third incentivized testnet phase, you can find more information at https://leo-lang.org/
  • Oasis.app aims to be the most trusted entry point to the Maker Protocol and to DeFi. You can borrow DAI, multiply your exposure and earn. Try it Now!

Jaksot(325)

Accidentally Airdropping $300 Million: NFT OG Jason Bailey

Accidentally Airdropping $300 Million: NFT OG Jason Bailey

Today we're joined by Jason Bailey, Co-Founder and CEO of ClubNFT. ClubNFT provides solutions to help collectors analyze, monitor, and protect their NFT collections. Jason is an O.G. in the NFT space ...

8 Tammi 202458min

What is NEAR Protocol? | A Comprehensive Overview & Future Prospects

What is NEAR Protocol? | A Comprehensive Overview & Future Prospects

Illia Polosukhin is the Co-Founder of NEAR Protocol, which is a sharded, proof-of-stake, Layer 1 blockchain. Originally conceived as an Artificial Intelligence endeavor, NEAR underwent a transformatio...

2 Tammi 20241h 4min

Deep Dive into Bitcoin with GOAT Jameson Lopp (TRIGGER WARNING FOR ETHEREUM COMMUNITY)

Deep Dive into Bitcoin with GOAT Jameson Lopp (TRIGGER WARNING FOR ETHEREUM COMMUNITY)

Jameson Lopp is the CTO of CasaHODL, a company specializing in Bitcoin security solutions. He has played a pivotal role in developing products and services that empower individuals to safeguard their ...

25 Joulu 20231h 17min

Becoming the Front Page of Finance: The Summer.fi Vision

Becoming the Front Page of Finance: The Summer.fi Vision

Chris Bradbury is the CEO of Summer.fi (previously oasis.app). Summer.fi is the 6th largest DeFi protocol that enables users to borrow, lend, and multiply assets across multiple DeFi protocols. In our...

18 Joulu 20231h 14min

How Paradigm Is Shifting The Crypto Policy Landscape | Policy Lab's Brendan Malone

How Paradigm Is Shifting The Crypto Policy Landscape | Policy Lab's Brendan Malone

Paradigm announces the launch of the Paradigm Policy Lab, a collaborative space for academics, policy experts, lawyers, and technologists in the crypto sector. The lab, a first in the field, focuses ...

16 Joulu 20231h 2min

DEX Aggregator Matcha Adds NEW Cross Chain Functionality

DEX Aggregator Matcha Adds NEW Cross Chain Functionality

Matcha recently launched cross-chain swap functionality, allowing users to swap one asset on a particular chain for an new asset on a separate chain with one transaction. Cross-chain swaps on Matcha a...

11 Joulu 202352min

Seamless Crosschain Interactions with Connext: The HTTP of Web3

Seamless Crosschain Interactions with Connext: The HTTP of Web3

Today we're joined by Arjun Bhuptani, founder and CEO of Connext Labs. We get an in-depth look at Connext, an important component in the Web 3 stack. In a world of many Layer 1s and Layer 2s, connecti...

5 Joulu 202355min

Why Is dYdX Ditching Ethereum?

Why Is dYdX Ditching Ethereum?

David Gogel is the VP of Strategy and Operations at the dYdX Foundation. In today's podcast, David will discuss the recent milestone of the foundation operating on its independent app chain. This tra...

4 Joulu 202353min