Starkware Founders: Ethereum Could Surpass Visa's Transaction Speeds Within Months
The Defiant - DeFi Podcast30 Sep 2022

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:

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  • 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!

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