Starkware
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.
- 03:50Data: An Ethereum ICO whale deposited 2,500 ETH to a CEX in the past 14 hoursChainCatcher reports that according to on-chain analyst Ai Yi (@Ai 9684xtpa), a related address of the "2015 ICO 76,000 ETH whale" has deposited 2,500 ETH to a CEX in the past 14 hours, approximately $4.59 million, with a cost as low as $0.31. This associated address still holds 13,500 ETH, which may be sold off in the near future.
- 03:48Hyperliquid: Deploying HIP-3, MVP Version Now Live on TestnetAccording to a report by Jinse Finance, Hyperliquid announced on the X platform that the protocol will support the deployment of HIP-3, with the MVP version already launched on the testnet. This proposal involves features related to the perpetual market, including: 1. Deploying a new high-performance on-chain order book on HyperCore; 2. Deploying gas fees paid every 31 hours through a Dutch auction; 3. Deployers can set a fee share of up to 50%. Hyperliquid also stated that perpetual market deployers must maintain a stake of 1 million HYPE. If malicious market operations occur, validators have the right to conduct stake-weighted voting in the deployer's 7-day redemption queue, significantly slashing the deployer's stake, Additionally, the related deployment will be combined with HyperCore's multi-signature to support protocolized market deployment and operation. Technical details will soon be released in the API documentation and Python SDK.
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