StarkWare recently unveiled the launch of Stwo, an open source prover based on zero-knowledge (ZK) proof technology aimed at reducing proof latency and transaction costs for end users. Stwo is essential on Starknet for compressing transactions by generating cryptographic proofs. By generating proofs faster, Stwo will reduce StarkWare’s processing costs, ultimately resulting in lower user fees.
Stwo’s revolutionary potential
Oren Katz, COO of StarkWare, emphasized that Stwo will open up new possibilities for the protocol. He said, “Stwo will bring new possibilities for scale. And they will be available to everyone, given that it will be open source from day one.” Anyone will be able to run Proverb and its source code, open to developers interested in implementing Stark-based systems.
Impact on Ethereum and ZK Technology
The open source ZK prover launched by StarkWare aims to improve the efficiency and cost-effectiveness of transactions on Ethereum. By reducing the latency and costs associated with cryptographic proofs, Stwo will contribute to a smoother, more cost-effective user experience on the Ethereum blockchain.
Growing Adoption of ZK Technologies
Interest in privacy-preserving technologies based on ZK evidence is growing significantly. StarkWare’s launch of Stwo is part of this emerging trend, which seeks to enhance the confidentiality and efficiency of cryptographic transactions.
Conclusion
In conclusion, StarkWare’s launch of Stwo represents a major breakthrough in the field of zero-knowledge proofs, offering end-users an innovative solution for reducing costs and improving the efficiency of transactions on the Ethereum blockchain.
