Hashstack je napravio prelazak na Starknet

[PRESS RELEASE – Bengaluru, India, 8th August 2022]

Hashstack sa oduševljenjem najavljuje svoj strateški prelazak na Starkware razvijen Starknet — prvi decentralizovani ZK-Rollup opšte namene bez dozvole, za implementaciju Open — Hashstackovog protokola tržišta novca kako bi se omogućili sigurni, nedovoljno obezbeđeni zajmovi na blockchainu. Ovim, Hashstack prebacuje svoj fokus sa EVM lanaca na zk-primitive kako bi nastavio svoju misiju izgradnje kritične infrastrukture neophodne za 10 puta veću upotrebljivost decentralizovanih finansija, kako bi istinski osnažio finansijsku inkluziju kroz kriptovalute.

What Are Zk-Rollups

Ethereum is the most popular blockchain development platform. 26.65% of all Dapps in existence are deployed on Ethereum. Today, 9 out of 10 dapps get deployed on Ethereum, or evm-based L1. This is primarily due to lower development barriers, & matured ecosystem of developers, and resources. On the flip side, the increased network load consistently leads to exorbitant gas fees and slower transaction times; which greatly impacts the network’s scalability. This matters because blockchain has made significant strides over the past few years with a projected CAGR of 56.3% between 2022 to 2029. This might not be possible if the predicaments of today continue to exist.

L2 scalability protocols such as zk-Rollups operate by rolling up hundreds of off-chain transactions into a single transaction. They return a short non-interactive argument of knowledge(SNARK) to the main chain as proof of validity. This ensures that instead of hefty transaction data, only the validity proof has to be kept on the main Ethereum network, making ZK Rollups a faster and cheaper way to confirm transactions. StarkNet, is a permissionless decentralized ZK-Rollup operating as an L2 network over Ethereum, where any dApp can achieve unlimited scale for its computation, without compromising Ethereum’s composability and security.

O Starknetu

Future-ready: In development since 2017, Starknet’s one of the few market-ready ZK-rollups with over 205Mn transactions processed, facilitating over $657Bn trading volume, to date; instilling confidence in the network’s reliability.

The community: Arguably the most collaborative ecosystem of builders we have come across. Adopting an entirely new development framework comes up with its own set of challenges. Starkware team’s success in building an open-minded, collaboration-centric community made it 10x easier for Hashstack’s team to evaluate & deploy on Starknet. Additionally, Starkware incentivised Hashstack for building & deploying on Starknet.

Cairo Lang: Powers Starknet’s virtual machine, is a Turing complete language with syntax similarity to Python. Compared to Solidity, Cairo is less restrictive & provides full low-level access to low-level primitives.

O Hashstacku

Hashstack gradi kritičnu infrastrukturu neophodnu za unapređenje upotrebljivosti decentralizovanih finansija. Hashstack-ovo rješenje za problem prekomjerne kolateralizacije u DeFi pozajmljivanju, Open je ne-kastodialni, zk-native protokol tržišta novca dizajniran da omogući sigurne zajmove s nedovoljno obezbjeđenja na lancu.