In a significant development for the Ethereum blockchain, layer-2 scaling protocol Starknet recently deployed its highly anticipated Quantum Leap upgrade on the Ethereum mainnet. This upgrade has successfully increased the network’s transaction processing speed, allowing for up to 90 transactions per second (TPS).
Uri Kolodny, the co-founder and CEO of StarWare, expressed his excitement about this milestone and stated that the scaling ceiling has been shattered. He emphasized that the new update has made high TPS a reality on the Ethereum Mainnet. Initial expectations were to achieve a few dozen TPS during the early stages, but the Starknet team surpassed these projections by achieving a consistent 37 TPS and nearly hitting 100 TPS during peak moments.
Testnet Deployment and Performance
Starknet had previously deployed the Quantum Leap upgrade on a testnet on July 5, where it recorded speeds reaching triple digits. The team anticipated a “time to inclusion” of around 15 seconds, enabling decentralized applications (DApps) to confirm on-chain transactions in seconds. However, the actual performance exceeded expectations, with the vast majority of transactions having a time-to-inclusion of under 10 seconds.
The increased throughput and faster inclusion provided by the Quantum Leap upgrade have significant implications for the development of decentralized finance (DeFi) applications. With faster transaction confirmation times, DeFi protocols can enhance their efficiency and responsiveness. Additionally, the improved scalability of the Ethereum network opens doors for AAA-rated games to offer more realistic experiences within the blockchain ecosystem.
Conclusion
This achievement marks a crucial step forward in addressing scalability challenges on the Ethereum network, facilitating broader adoption and usability. The successful implementation of the Quantum Leap upgrade showcases the ongoing efforts to enhance the infrastructure supporting blockchain technology.
As the crypto industry continues to evolve, this momentous development highlights the importance of independent journalism in the space. Supporters can preserve this article as an NFT (Non-Fungible Token) to commemorate this historic milestone and demonstrate their backing for reliable reporting in the crypto sphere.
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