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Starknet’s Quantum Leap Upgrade Set to Revolutionize Ethereum with Lightning Speed Transactions

The Upgrade: Quantum Leap

Starknet, a layer 2 to the Ethereum blockchain, is set to deploy a major upgrade called “Quantum Leap” to increase the blockchain’s transaction processing capabilities and reduce confirmation times. The upgrade has already gone live on the testnet and will be deployed to the mainnet pending community approval in a governance vote.

Key Points:

– Quantum Leap aims to increase the number of transactions per second (TPS) Starknet can handle.
– The upgrade will decrease the time-to-inclusion, which is the time needed to confirm and report a transaction.
– While the exact TPS after the upgrade is uncertain, StarkWare claims that the blockchain will be able to handle at least 100 TPS.
– This upgrade will make Starknet a more competitive platform for application development as congestion is reduced.
– The roadmap for Starknet includes future upgrades to further improve scalability, reduce transaction fees, and shorten block intervals.

Hot Take:

The Quantum Leap upgrade by Starknet is a significant step towards enhancing the performance and scalability of the Ethereum blockchain. By enabling faster transactions and reducing confirmation times, Starknet aims to empower developers and provide them with greater computational freedom. With future upgrades planned, Starknet is positioning itself as a competitive alternative for building applications on the blockchain. This upgrade, along with the deployment of storage proofs, will further strengthen the security and integrity of the network.

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Starknet’s Quantum Leap Upgrade Set to Revolutionize Ethereum with Lightning Speed Transactions