Starkware
Blockchain Service
StarkWare solves the two most pressing problems of permissionless blockchains, scalability and privacy, using ZK-STARKs. STARK proofs are zero-knowledge, succinct, transparent and post-quantum secure.
Dec 12, 2023 00:00:00
Dec 30, 2023 00:00:00
ICO Details
What Is StarkWare?
StarkWare solves the two most pressing problems of permissionless blockchains, scalability and privacy, using ZK-STARKs. STARK proofs are zero-knowledge, succinct, transparent and post-quantum secure. We develop:
StarkNet: a permissionless decentralized ZK-Rollup platform.
StarkEx: a STARK-based scalability application, currently deployed on Ethereum Mainnet. StarkEx deployments will be able to port to operate over StarkNet in due course.
StarkWare will improve scalability and privacy in blockchains using STARK technology, providing cryptographic proofs that are zero-knowledge, succinct, transparent (no need for a trusted setup), and post-quantum secure.
StarkWare was founded with a mission to productize the ZK-STARK proof system and has recruited a strong team of mathematicians, engineers, product, marketing, and business people to bring this vision to the market.
StarkWare Unique Features
Roadmap
StarkWare Token Economy
dYdX also considered Layer 1 solutions for their problems, but the scalability is still too bounded. Plus, Layer 1 isn’t there yet in terms of wallet quality. For example, what will users go to instead of MetaMask?
Furthermore, if dYdX were to go to a side chain network like Binance Smart Chain, they would be trusting an entirely different protocol rather than Ethereum. They’d be trusting the validators on a handful of computers, leaving their assets to their whims or malicious actors who could compromise them.
They also considered Optimism with their Optimistic Virtual Machine. The problem with Optimism, however, is the long withdrawal period. dYdX knew their users weren’t going to wait a week to remove their funds. StarkWare was the easiest choice for them, even with all the other options.
Detailed Token Metrics
TBA
Token Distribution
TBA
Token Release Schedule
TBA
Partners & Advisors
Team Members
Investors
Coinbase Ventures, Multicoin Capital, ConsenSys Ventures, Sequoia Capital, Polychain Capital, MetaStable, Paradigm, Intel Capital, Data Collective, Wing Venture Capital, ATOMICO, Naval Ravikant, Vitalik Buterin, Pantera Capital, Floodgate Fund