Starknet’s software has undergone a significant overhaul, enabling it to execute transactions more quickly and affordably than ever before. In the upcoming weeks, more steps of the present update are scheduled to go into effect.
Starknet starts Quantum Leap activation; Why is this important?
a much-needed network update The primary network of Starknet is now airing Quantum Leap. With its v0.12.0 update, Starknet’s transaction processing is expected to undergo a thorough redesign.
Now built in Rust, Starknet Sequencer broadcasts compressed transaction data to the Ethereum (ETH) mainnet as part of its ecosystem.
The update also includes two crucial parts: the Blockifier mechanism by StarkWare, which assembles new blocks, and the new virtual machine Cairo VM created by LambdaClass, which runs Cairo code.
It changes the “Pending” transaction state to “Included in L2,” which is equivalent to a message announcing the completion of a transaction. The company claims that with the addition of this capability, Ethereum’s (ETH) transaction throughput would soar to triple-digit levels.
Starting with version 0.13.0, the upgrade’s subsequent phases will provide cheaper petrol prices, open a fee market, and shorten block intervals even further.
Ethereum (ETH) transaction finalized in 15 seconds, researcher says
Additionally, the network will be less susceptible to spam because no unsuccessful transaction will be required to pay petrol fees any longer.
The network has already hit a steady 37 TPS benchmark throughout this phase. The DeFi Saint, a cryptocurrency instructor, published his own post-Quantum Leap Starknet testing findings.
The DeFi Saint claims that he completed his Ethereum (ETH) transactions in under 15 seconds. The participating accounts’ balances changed in less than a minute, The DeFi Saint continued.
Starknet, a brand-new L2 scaling protocol for Ethereum (ETH), was introduced by blockchain guru Eli Ben-Sasson, as previously reported by U.Today. Cairo is the name of the programming language used by Starknet.
