StarkWare Sessions #1 | The StarkNet Fathers Uri Kolodny & Eli Ben-Sasson
Sometimes, the frontier is at a crypto conference. We’re returning from our adventures in Tel Aviv with nine exclusive interviews with some of the key players in the StarkNet space.
Wish you could make it to all the crypto conferences, but don't have the time? Don't worry, Bankless brings the frontier to you.
In this episode, we’re talking to Uri Kolodny and Eli Ben-Sasson, the co-founders of StarkWare and the fathers of the StarkNet ecosystem. We take a high-level overview of the emerging network state, and what we can expect from this community looking forward.
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------ Timestamps:
0:00 Intro 5:00 A Network State 8:00 Starknet Governance 12:30 Technical Minds 15:30 Integrations 18:20 Use Cases 20:30 Looking Forward 23:20 Day in the Life 27:40 Friendship
----- Resources:
Uri Kolodny https://twitter.com/ukolodny
Eli Ben-Sasson https://twitter.com/EliBenSasson
StarkNet https://starkware.co/starknet/
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
Starkware, L3s and the ZK Rollup Future | Eli Ben-Sasson, Uri Kolodny
In this episode of Empire, Jason and Santi are joined by Eli Ben-Sasson and Uri Kolodny to discuss Starkware and the ZK-rollup future. This episode is an absolute masterclass on scaling Ethereum using zero-knowledge proofs and a fractal architecture.
We discuss the limits of L1 scaling, ZK vs Optimistic rollups, native L2 programming languages, Layer 3 applications and much more!
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Timestamps:
(00:00) Intro
(00:32) The Limits of L1 Scaling
(05:30) Optimistic vs ZK Rollups
(14:40) Why ZK Rollups Lag Optimistic Rollups in TVL
(19:10) Advantages of the Cairo Programming Language
(26:57) L1 Apps Building for an L2 World
(30:01) Circle Ad
(31:43) dYdX’s Move From Starkware to Cosmos
(37:15) MEV, Bitcoin and Cairo 1.0 Adoption
(46:23) Layer 3 Scaling
(57:38) What Comes Next
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Follow Eli: https://twitter.com/EliBenSasson
Follow Uri: https://twitter.com/ukolodny
Follow Jason: https://twitter.com/JasonYanowitz
Follow Santi: https://twitter.com/santiagoroel
Follow Empire: https://twitter.com/theempirepod
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Resources
Vitalik's post on fractal scaling
https://vitalik.ca/general/2022/09/17/layer_3.html
Starkware
https://starkware.co/
--
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Starkware Founders: Ethereum Could Surpass Visa's Transaction Speeds Within Months
This week on The Defiant Podcast we speak with Uri Kolodny and Eli Ben-Sasson, the co-founders of Starkware, one of the leading Layer 2 scaling solutions for Ethereum.
Post Merge, Ethereum continues to rely on scaling solutions like Starkware and will continue to do so, according to the network’s long-term roadmap.
Visa processes 1700 transactions per second, and that number is often quoted as the Holy Grail for a blockchain to become a viable settlement layer for finance. They explain how that can be achieved with the help of Starkware.
In the early stages of building Starkware, Uri and Eli had decided not to launch a token. After two years of running Starkware and StarkNet being in alpha, is a STARK token on the horizon?
Currently, Starkware is solely used for scaling Ethereum. We talk about Uri and Eli’s plans to expand Starkware’s services to other Layer 1s.
Finally, we discuss the future of scaling solutions, decentralized applications, DeFi, NFTs, and more.
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EthCC #3 | "StarkWare isn't Leaving Ethereum" - Eli Ben-Sasson and Uri Kolodny
🇫🇷 Welcome to the Bankless EthCC 2022 Experience 🇫🇷
With fantastic guests from all corners of the ecosystem, this 8-part series is an exploration of crypto culture and the current state of Ethereum.
In episode 3, we cover the recent announcement of the StarkWare token launch, the exploding zkEVM ecosystem, and the future of StarkWare.
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------ Topics Covered:
0:00 Intro 2:30 Eli and Uri 4:52 zkEVM Explosion 10:30 The StarkWare Approach 16:20 StarkNet on Ethereum 19:35 The StarkNet Token 24:30 Token Models 26:53 The Future of StarkWare
------ Resources:
Eli on Twitter: https://twitter.com/EliBenSasson
Uri on Twitter: https://twitter.com/ukolodny
StarkWare: https://twitter.com/StarkWareLtd
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
StarkWare founders talk through $100 million Series D fundraise, mass adoption
Fresh off the heels of a $50M Series C round last November, StarkWare Industries closed a $100M Series D round on Wednesday, giving the Israeli-based startup a valuation of $8 billion. The fundraise was led by Greenoaks Capital and Coatue, and included Tiger Global amongst others.
StarkWare aims to bring efficient, affordable blockchain transactions to the masses through its ZK-rollup technology, which addresses blockchain congestion by compressing multiple transactions into ‘STARK proofs’ that are then passed on to the underlying blockchain.
In this episode of The Scoop, StarkWare co-founders Eli Ben-Sasson and Uri Kolodny sit down with host Frank Chaparro to discuss what their firm has been building, and how their technology will allow blockchains to scale.
According to Kolodny, the trustless computational integrity enabled by StarkWare technology will be very useful to society:
“It delivers something that is dearly missing and dearly needed in modern societies and the way they’re doing their computation. That is something very simple: it is integrity — the ability to know that something was done the right way, even when you weren’t watching.”
Despite bearish sentiment across markets, StarkWare’s recent fundraise shows VCs are excited about the opportunities unlocked through StarkWare’s scaling technology, and are willing to continue providing the developer with capital.
StarkWare’s two products, StarkEx and StarkNet, both serve as Ethereum scaling solutions, with the former being "scaling as a service," while the latter is permissionless. StarkNet completed its launch earlier this year, allowing any developer to integrate the platform into their application.
... For more visit theblockcrypto.com/podcasts
Episode 46 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and StarkWare Co-Founders Uri Kolodny and Eli Ben-Sasson.
Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.
This episode is brought to you by our sponsors Fireblocks, Coinbase Prime & Cross River
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Super Scaling with StarkWare | Uri Kolodny & Eli Ben-Sasson
Ethereum is scaling. With a recent $50 million raise at a valuation of $2 billion, StarkWare is pioneering zkRollups across the Ethereum ecosystem. As it powers dYdX, arguably the most liquid market in the world, StarkWare is continuing to move into new territory, with StarkNet imminently deploying on Ethereum Mainnet.
The goal of StarkWare is simple: 'bring massive scalability to Ethereum while preserving L1 security, permissionless interactions, and decentralization.'
The ecosystem is growing at an astounding rate, so tune in as core members Uri Kolodny and Eli Ben-Sasson walk us through how StarkWare is bringing Super Scaling to Ethereum.
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------ TOPICS COVERED:
0:00 Intro 5:00 Eli and Uri of StarkWare 9:02 StarkEx vs StarkNet 16:37 StarkEx is Scaling Today 24:35 Latency & Data Tradeoffs 32:50 Scaling with Math & Cryptography 38:21 StarkEx to StarkNet 43:35 Ahead of Schedule 47:56 StarkNet Launch 54:48 StarkWare Roadmap 1:00:40 Modular & Privacy 1:04:39 Business Model 1:11:33 Values & Code 1:16:15 Closing & Disclaimers
------ RESOURCES:
Uri on Twitter: https://twitter.com/ukolodny?s=20
Eli on Twitter: https://twitter.com/EliBenSasson?s=20
StarkWare on Twitter: https://twitter.com/StarkWareLtd?s=20
StarkWare Discord: https://discord.gg/uJ9HZTUk2Y
StarkNet Alpha: https://medium.com/starkware/starknet-alpha-is-coming-to-mainnet-b825829eaf32
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
SotN #41: Scaling DeFi with dYdX and StarkWare
Antonio Juliano is Founder of dYdX, and Uri Kolodny is CEO of StarkWare.
State of the Nation is live-streamed on Tuesdays at 11am PT.
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🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta ------ State of the Nation #41: Scaling DeFi Guests: Antonio Juliano & Uri Kolodny
Antonio Juliano (founder of dYdX) and Uri Kolodny (CEO of StarkWare) join this edition of State of the Nation to discuss their new announcement: dYdX, in partnership with StarkWare, recently released a Layer 2 Product for Perpetual Contracts, which namely allows for leveraged trading.
Perpetual Contracts expose investors to a synthetic contract, representing the price action of a given asset. The nature of perpetual contracts allow for flexibility and expression in the financial mechanisms powering the contract, giving traders the ability to use leverage. These types of contracts attract high-level, high-frequency traders and make scalability crucial for a platform to be capital-efficient.
StarkEx is StarkWare's scalability app, which uses StarkWare's Cairo, a Turing Complete coding platform, to support Layer 2 Scaling for transfers, trading, derivatives, and NFTs. dYdX rebuilt its interface, backend, and order-book; it then paired with StarkEx to create a scaled, decentralized derivatives exchange. Throughout the development and launch of its new product, dYdX has continued to emphasize the DeFi core values of being non-custodial, trustless, and permissionless.
A major upgrade is cross-margining on dYdX, which allows users to provide universal collateral, instead of having to provide collateral for each market. Other improvements include lower gas prices, increased oracle performance, higher maximum leverage, and no minimum trade size. With these upgrades, dYdX offers better performance with no loss in decentralization or security.
This is how DeFi needs to scale – increasing performance while maintaining decentralization and security.
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Resources:
dYdX Announcement Post: https://dydx.exchange/blog/public
dYdX: https://dydx.exchange/
StarkWare: https://starkware.co/
Antonio on Twitter: https://twitter.com/AntonioMJuliano?s=20
Uri on Twitter: https://twitter.com/ukolodny?s=20
An Incomplete Guide to Rollups: https://vitalik.ca/general/2021/01/05/rollup.html
------ This Week on Bankless:
⚒️ How to Crypto Tax (4/7): https://newsletter.banklesshq.com/p/how-to-do-crypto-taxes-for-the-lazy 🎙️Hayden Adams Podcast (4/6): https://shows.banklesshq.com/p/-uniswap-hayden-adams 🧢 Weekly Action Recap (4/3): https://shows.banklesshq.com/p/-rollup-visa-on-eth-snl-nft-skit 🗞️Weekly Rollup (4/2): https://newsletter.banklesshq.com/p/ethereum-visa-weekly-recap-526 🚨 Alpha Alert: Fei Protocol: https://newsletter.banklesshq.com/p/-alpha-alert-fei-protocol-genesis 🦄 The Story of PleasrDAO (3/31): https://newsletter.banklesshq.com/p/xykan-ethereum-story ⚒️ How to Stream Money (3/30): https://newsletter.banklesshq.com/p/how-to-stream-money
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures