#QuickTakes By

StarkWare to Open Source Its Ethereum System

Scribbled Arrow

TRENDING GLOBALLY

-: FOLLOW US :-  @theinsaneapp

StarkWare is a blockchain scaling system creator that reached an $8 billion valuation in 2022.

-: FOLLOW US :-  @theinsaneapp

The company focuses on tackling the scalability issues of Ethereum.

-: FOLLOW US :-  @theinsaneapp

StarkWare has two platforms: StarkEx scaling engine and StarkNet.

-: FOLLOW US :-  @theinsaneapp

The company has announced plans to open source its core cryptographic software tool, STARK Prover technology.

-: FOLLOW US :-  @theinsaneapp

The plan to open source will take time to implement but StarkWare is committed to making the entire tech stack transparent for developers.

-: FOLLOW US :-  @theinsaneapp

Eli Ben-Sasson, StarkWare co-founder and President, says that open-sourcing key tech is a catalyst for developers to build.

-: FOLLOW US :-  @theinsaneapp

The company believes that open-sourcing the technology will help popularize self-custody.

-: FOLLOW US :-  @theinsaneapp

The crypto infrastructure projects have an increased profile after the collapse of centralized crypto exchange FTX.

-: FOLLOW US :-  @theinsaneapp

Investments in crypto companies fell 91% YoY in January 2023, but infrastructure remained relatively strong.

-: FOLLOW US :-  @theinsaneapp

Infrastructure was the highest-earning vertical in January 2023.

#GIVEAWAY BY INSANE

Do you know that we give away around $250 USd in cash prizes every week?

Let’s grow together!