starknet
The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.
The Paradex decentralized perpetuals platform is backed by StarkWare's new appchain technology.
The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native software stack.
The upgrade for Starknet, a layer-2 blockchain or "rollup" to the Ethereum blockchain, went live following a community vote that overwhelmingly agreed to deploy it to mainnet.
The upgrade will increase the number of transactions per second the blockchain can handle as well as reduce the time-to-inclusion.
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon.
The executive will help the non-profit promote growth within the Starknet ecosystem.
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