Starknet’s Layer 3 is being developed with an early launch date

  • This year, StarkWare will launch Layer 3 on StarkNet with the aid of Rollup and Validium technologies.
  • While inheriting security from underlying blockchains, Layer 3 offers considerable cost reductions—it is predicted to be a million times less expensive than Layer 1 transactions.

With the launch of Layer 3 on StarkNet, StarkWare has revealed new developments in blockchain technology with the goal of changing the creation of decentralized applications (dApps).

Layer 3 of StarkNet is revealed by StarkWare

This most recent layer, about to go live on StarkNet, offers significant cost savings and improved customizability over earlier offerings. It makes it a desirable choice for initiatives looking to maximize effectiveness without sacrificing security.

StarkNet’s Layer 3 serves as a customized blockchain layer made to meet each application’s specific needs. Because of its modularity and versatility, developers can personalize a number of elements, such as consensus algorithms and hash functions, while yet retaining the strong security elements seen in Layer 1 or Layer 2 blockchains.

Layer 3 modular app chain creation is made easier by the StarkNet framework Madara. Through the utilisation of StarkNet’s scalability and security benefits, developers can create bespoke blockchains that meet certain dApp needs. This method improves scalability and makes it possible to implement decentralized apps (dApps) as Ethereum-secured sovereign state machines.

Rollup and Validium StarkNet Technologies

Additionally, Layer 3 on StarkNet accommodates a range of expansion technologies, including Validium and Rollup, meeting the requirements of various development teams and projects.

Layer 3 on StarkNet marks a key milestone in improving blockchain scalability and customization, setting a new benchmark for application-specific blockchain development on decentralized networks. This is in line with StarkWare’s ongoing commitment to promoting blockchain technology.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

Leave a Reply