StarkWare Industries Ltd. was founded in 2018,Headquartered in IsraelNetanya focuses on developing solutions based on Zero Knowledge Proofs (ZKP) technology.Zero knowledge proof is an encryption technology that allows you to prove the authenticity of something without revealing any relevant details.This technologyBlockchainAnd cryptocurrency are particularly popular because they can achieve efficient data verification while protecting user privacy.
The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
StarkWare Industries Ltd. US Equities Encyclopedia
StarkWare Industries is an Israeli company specializing in cryptographySoftwareCompany.It has developed Zero Knowledge Proof (ZKP) technology to solve the scalability problem of blockchain by compressing information and run on the Ethereum platform.In the latest round of financing in May 2022, StarkWare Industries was valued at $8 billion (November 2021: $2 billion).The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
One of StarkWare's goals is to improve its efficiency and scalability by applying zero knowledge proof (ZKP) technology to blockchain and cryptocurrency fields.The technology they developed can help solve the performance constraints and privacy problems faced in the cryptocurrency field, such as improving transaction processing speed, reducing costs, and improving the level of privacy protection.The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
StarkWare's ZKP technology has been applied on Ethereum and other blockchain platforms.The company's most famous product is StarkNet, which is a layer 2 expansion solution based on Ethereum.StarkNet can increase the transaction speed of Ethereum by hundreds of times, while reducing transaction costs.The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
StarkWare's main products and services includeThe article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
(1) StarkNet: an Ethereum based Layer 2 expansion solution
(2) StarkWare Pro: a StarkNet private deployment solution for enterprises and institutions
(3) StarkWare VM: a virtual machine for building ZKP applications
(4) StarkWare SDK: a software development kit for developing ZKP applications
StarkWare Industries Ltd. Technical Encyclopedia
Starkware has developed a program called STARK,ScalableTransparentARgument ofKKnowledge) to improve the scalability of the blockchain.It is based on the theoretical research of Ben Sasson and Riabzev of the Israel Institute of Technology and the mathematical model of Zero Knowledge Proof (ZKP).The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
StarkWare Industries has developed a technology based on this kind of mathematics, which can process thousands of transactions at a time far away from the basic layer of Ethereum.Each final update of each batch will be written into Ethereum using an 80 KB file as proof of the content of the batch.This compression process increases the amount of data that can be accepted on the blockchain block, and minimizes the energy required for each transaction.The energy consumption of each transaction is reduced by 200000 times.The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
StarkWare first provides its technology in the form of StarkEx, a proprietary extension engine, which will be launched on Ethereum in June 2020.It is used by Sorare, Dydx, Immune X, Web browser Opera and DeversiFi.The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
In June 2021, StarkWare launched its second platform: StarkNet.Unlike StarkEx, which is open to customers, StarkNet does not require a license.Any developer can use it to build scalable decentralized applications.The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
As of May 2022, the number of developer tools downloaded based on StarkNet has reached 100000 times.StarkWare's system is programmed in CAIRO, a Turing complete programming language built by researchers and engineers of the company.The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks-https://www.mg21.com/starkware.html
Historical Encyclopedia of StarkWare Industries Ltd
StarkWare Industries was founded in 2018 by Eli Ben Sasson (President) from the Israel Institute of Technology. He is one of the founders of Zcash. Michael Riabzev, Uri Kolodny (CEO) and Alessandro Chiesa, former doctoral students of the University of California, Berkeley, joined the company.In April 2019, the Israel Institute of Technology sued Ben Sasson and Riabazev for infringing their intellectual property rights.The institute claimed that Ben Sasson secretly established StarkWare for academic research without consent, and requested to obtain 50% of the company's shares.Ben Sasson claimed that he did not use any inventions belonging to the Israel Institute of Technology.In 2020, the two sides reached an agreement and Ben Sasson left the Israel Institute of Technology.
In 2018, Starkware raised $6 million in seed funds, and later in Fred Ehrsam's venture capital fund companyParadigmThe leading round A financing raised US $30 million.In March 2021, the company raised $75 million in round B financing.The project is led by Paradigm, and other venture capital companies includeSequoia Capital、DCVC, Pantera Capital, Wing, Alameda Research andFounders Fund。In November 2021, StarkWareSequoia CapitalThe leading investment raised $50 million in the C round of financing, bringing its total raised funds to $163 million, making its valuation to $2 billionunicornCompany.In May 2022, StarkWareGreenoaksCapital andCoatueThe round D financing led by Management raised $100 million, making its valuation reach $8 billion.
StarkWare Industries Ltd. Financing Encyclopedia
In January 2018, StarkWare Industries Ltd. completed a seed round financing of US $6 million, with the joint participation of Floodgate, Pantera Capital, Polychain Capital, Naval Ravikant (individual), Elad Gil (individual), etc.
In July 2018, StarkWare Industries Ltd. received a donation of 12 million dollars from Ethereum Foundation.
In October 2018, StarkWare Industries Ltd. completed Paradigm andSequoia CapitalThe round A financing of USD 30 million led by Bossanova InvestimentosIntel Capital、Founders Fund、DCVCWait for the follow-up.
In March 2021, StarkWare Industries Ltd. completed the USD75 million round B financing led by Paradigm,Sequoia Capital、Founders Fund, DCVC, Alameda Research, Pantera Capital, etc.
In November 2021, StarkWare Industries Ltd. will complete the round C financing of 50 million US dollars led by Sequoia Capital, with the co investment of DCVC, Alameda Research and IOSG Ventures.The valuation is 2 billion dollars.
In May 2022, StarkWare Industries Ltd. will complete Alameda ResearchCoatueandGreenoaksRound D financing of $100 million led by investors,Tiger Global ManagementFollow up.The valuation is 8 billion dollars.
In May 2024, by opening an account at American Stock House and merging 10000 Hong Kong dollars (HKD) into Long Bridge, you can get a lifetime free commission of [Hong Kong shares+American shares], and can also get up to 1100 Hong Kong dollars of stock certificates+an additional 88 yuanJD.COMCard (exclusive)+RMB 100 rebate (exclusive).Exclusive to American Stock House customers.Click to view details!
two hundred and forty-nine million three hundred and forty-two thousand five hundred and nineteen
WeChat official account: Encyclopedia of US and Hong Kong stocks
WeChat search: mggbkqs
mggbkqs
This article is written byOriginated by American Stock HousePublished on April 29, 2024 at 03:31:58
Original articles of American Stock House,Unauthorized reproduction is strictly prohibited。This article and all articles on this website are intended for information dissemination and sharing, and do not constitute an invitation, solicitation, suggestion, opinion or any guarantee for any securities, financial products or instruments. American Stock House does not endorse any companies, securities firms or financial products.There are risks in investment. Customers should weigh the risks they can bear and make investment judgments independently. If you have any questions, please consult independent professionals.Disclaimer
At present, there are two types of rollups on the market. One is ZK rollups (zero knowledge proof), and the other is Optimal rollups. Rollups is a method that allows Ethereum transactions outside the chain. By only storing transaction data on the chain, you can reduce the existing network congestion, improve speed, and reduce gas costs as much as possible.
StarkEx
StarkEx is the L2 extensibility engine developed by Starkware. Through Cairo program similar to assembly language, this function can be executed in zero knowledge environment.StarkEx supports on chain/off chain hybrid data availability solutions, rapid withdrawal, ERC-721 and ERC-20 to ensure data availability.
It is also possible to ensure the complete execution of all off chain calculations by generating a validity certificate. The STARK certificate is first verified on the chain, and then submitted to the main Ethernet network.
StarkNet
StarkNet is a decentralized L2 - ZK Rollup based on Stark zero knowledge proof developed by Starkware team in Ethereum, which requires no license.It has Turing completeness and provides EVM compatibility through Solidity ->Cairo compiler.
What is Cairo?Cairo is a Turing complete language. StarkNet is based on Cairo and supports computing commonly used in Ethereum.Developers can develop and deploy applications on StarkNet. Users can initiate transactions and execute them on StarkNets. Through incentives, normal operation of node networks can be ensured.
All transactions of StarkNet are periodically packaged in batches into one proof, verified on Ethereum, and all data building StarkNet are published on the chain.
At present, ZKPs are being used. The common form of ZKPs is public key cryptography. Public key cryptography is used in many key parts of the Internet today.However, the problem is that the scope of these ZKPs is still relatively narrow at present: usually only one person is allowed to prove that they have a private key related to some public keys, which cannot be extended to any arbitrarily complex computation.
However, at present, the ZKPs that can be commonly used are also in the process of iteration and development, although the scope is still relatively limited.The two most prominent examples are privacy focused cryptocurrencies, Zcash and Monero.Zcash uses a different type of ZKP called SNARK, which allows Zcash users to send Zcash privately around the world.Monero uses another ZKP form called Bulletproofs to complete the same task.
StarkWare was founded in 2018 and headquartered in Israel.StarkWare aims to improve the scalability and privacy of the blockchain through STARK (commercialized specific type of zero knowledge proof (ZKP) system, called STARKs) technology, and provide zero knowledge, transparent (no need for a trusted setup) and post quantum security encryption proof.StarkWare will develop a complete proof stack, and both software and hardware can support fast and reliable generation and verification of computational integrity proof methods for general computing.
