🚀 StarkWare CEO Highlights Gender Imbalance in Cryptocurrency Sector
#StarkWare #GenderImbalance #Cryptocurrency #Blockchain #WomenInTech #DigitalCurrency
According to Odaily, StarkWare co-founder and CEO Eli Ben-Sasson recently addressed a significant issue within the cryptocurrency industry. In a post on the X platform, Ben-Sasson pointed out that the sector is predominantly male-dominated and lacks sufficient female participation. This observation underscores the ongoing gender imbalance in the rapidly evolving field of digital currencies and blockchain technology.#StarkWare #GenderImbalance #Cryptocurrency #Blockchain #WomenInTech #DigitalCurrency
🚀 StarkWare Ecosystem Chief Highlights Potential Security Issues in Fractal Bitcoin
#StarkWare #FractalBitcoin #SecurityIssues #RPCCredentials #ZeroMQ #BlockchainSecurity #CryptocurrencyRisks #BTC
According to Odaily, the StarkWare Ecosystem Chief has raised concerns about potential security vulnerabilities in Fractal Bitcoin through a post on the X platform. The issues highlighted include several critical points that could expose users to various risks.
Firstly, the RPC credentials are hard-coded and cannot be configured through environment variables. This makes the RPC server publicly exposed and susceptible to attacks. Additionally, allowing RPC connections from any IP address is highly dangerous, as it could make users' nodes vulnerable to potential attacks from any location.
Furthermore, certain settings permit ZeroMQ connections from any IP address, which poses significant security risks. The removal of connection limits could lead to resource exhaustion. Lastly, the difficulty in identifying the official GitHub organization or repository adds to the security concerns.#StarkWare #FractalBitcoin #SecurityIssues #RPCCredentials #ZeroMQ #BlockchainSecurity #CryptocurrencyRisks #BTC
🚀 Starknet Mainnet TPS Surpasses 500
#Starknet #Mainnet #TPS #StarkWare #Ethereum #Layer2 #scalingsolution
According to Odaily, StarkWare, the development team behind Ethereum Layer 2 scaling solution Starknet, reported a significant milestone. StarkWare member @odin_free shared data on X indicating that the Starknet mainnet's transactions per second (TPS) exceeded 500 yesterday.#Starknet #Mainnet #TPS #StarkWare #Ethereum #Layer2 #scalingsolution
🚀 BitVM Key To Bitcoin's Large-Scale Adoption, Says Yu Feng
#BitVM #Bitcoin #Adoption #SmartContracts #Decentralization #Nubit #Security #ZeroSync #Starkware #Technology #BTC
According to Foresight News, Professor Yu Feng, founder of Nubit, highlighted in his article that BitVM is a crucial technology for driving large-scale adoption of the Bitcoin ecosystem. BitVM's scalable and programmable features enable Bitcoin to support complex smart contracts and decentralized applications while maintaining its decentralization and security.
Professor Yu Feng and his research team have conducted extensive studies on the security and compiler of BitVM, receiving support from ZeroSync and Starkware. They are expected to announce significant breakthroughs soon. Nubit, as a vital infrastructure for Bitcoin, offers a scalable native data availability layer and a comprehensive decentralized consumer application technology solution, aiming to achieve widespread adoption of Bitcoin.#BitVM #Bitcoin #Adoption #SmartContracts #Decentralization #Nubit #Security #ZeroSync #Starkware #Technology #BTC
🚀 StarkWare Appoints Moni Naor As Chief Researcher
#StarkWare #MoniNaor #ChiefResearcher #Bitcoin #cryptography #Starknet #publickeysystems #nonmalleablecryptography #visualcryptography #CAPTCHA #proofofwork #CynthiaDwork
According to Foresight News, StarkWare has announced the appointment of computer science professor Moni Naor as the Chief Researcher on its scientific committee. In his new role at StarkWare, Naor will primarily focus on topics such as Bitcoin cryptography and the decentralization of Starknet.
StarkWare highlighted Naor's pioneering contributions to computer science, which include advancements in public key systems resistant to chosen ciphertext attacks, non-malleable cryptography, visual cryptography, and innovative methods for verifying human users, which led to the development of CAPTCHA. Additionally, Naor is credited with the first mention of proof of work, a concept he introduced alongside Cynthia Dwork.#StarkWare #MoniNaor #ChiefResearcher #Bitcoin #cryptography #Starknet #publickeysystems #nonmalleablecryptography #visualcryptography #CAPTCHA #proofofwork #CynthiaDwork
🚀 Starknet-Based dApp zkLend Faces Cyberattack
#Starknet #zkLend #cyberattack #decentralizedapp #cybersecurity #StarkWare
According to Odaily, StarkWare announced on the X platform that the decentralized application zkLend, built on Starknet, has been targeted by a hacker attack. In response, the StarkWare team promptly initiated a coordinated response, taking several steps to address the situation. Firstly, they alerted the zkLend team about the suspicious activity. Secondly, they collaborated closely with a cybersecurity firm to investigate the incident. Lastly, it was confirmed that the vulnerability was not related to Starknet's core technology but was an unfixable issue specific to the application.#Starknet #zkLend #cyberattack #decentralizedapp #cybersecurity #StarkWare
🚀 Starknet Announces Integration With Bitcoin Wallet Xverse
#Starknet #Bitcoin #Xverse #Layer2 #Ethereum #BTCFi #StarkWare #BitcoinWallet #Blockchain #Crypto
According to Foresight News, Starknet has announced its plans to become a settlement Layer 2 on Bitcoin and Ethereum. In addition to ongoing research and advocacy for OP_CAT, Starknet revealed that Bitcoin wallet Xverse will integrate with Starknet, allowing Bitcoin assets to be used on the platform for the first time. The Starknet Foundation is launching the BTCFi season, a program designed to introduce various opportunities for Bitcoin to be utilized through Starknet. StarkWare, the company behind STARK proofs and a contributor to Starknet's development, is recognized as a Bitcoin-standard company and now holds a significant portion of its treasury in Bitcoin as part of its strategic Bitcoin reserves (SBR).#Starknet #Bitcoin #Xverse #Layer2 #Ethereum #BTCFi #StarkWare #BitcoinWallet #Blockchain #Crypto
🚀 StarkWare CEO Supports New Ethereum Virtual Machine Proposal
#StarkWare #Ethereum #VirtualMachine #RISC_V #zkSTARK #Cairo #Valida #Miden #Zisc #ETH
According to Foresight News, StarkWare CEO Eli Ben-Sasson has expressed support for the proposal to add a new virtual machine to Ethereum. However, he disagrees with adopting the RISC-V architecture. Ben-Sasson suggests considering virtual machine solutions specifically designed for blockchain and zkSTARK, such as Cairo, Valida, Miden, or Zisc, or developing an entirely new virtual machine.#StarkWare #Ethereum #VirtualMachine #RISC_V #zkSTARK #Cairo #Valida #Miden #Zisc #ETH
🚀 Starknet Advances to Stage 1 Decentralization in Ethereum Scaling
#Starknet #Decentralization #Ethereum #ZKRollup #ScalingSolution #SecurityCouncil #VitalikButerin #CensorshipResistance #Layer2 #StarkWare
According to PANews, Starknet, an Ethereum ZK-Rollup scaling solution, has announced its transition into the 'Stage 1' decentralization phase. This development aligns with the framework proposed by Ethereum co-founder Vitalik Buterin in 2022, which signifies the establishment of a security council and a validity proof system, significantly reducing external intervention.
Starknet highlighted that this framework serves as a 'gold standard on-chain tool for analyzing Ethereum scaling solutions.' The transition to this stage was achieved through the creation of a security council and the implementation of mechanisms to prevent censorship.
Eli Ben-Sasson, CEO of StarkWare, stated that the next objective is to advance to 'Stage 2,' aiming for complete decentralization where the network is entirely governed by the community. According to L2beat, only three small Layer 2 projects have reached this stage so far.#Starknet #Decentralization #Ethereum #ZKRollup #ScalingSolution #SecurityCouncil #VitalikButerin #CensorshipResistance #Layer2 #StarkWare
🚀 Zero-Knowledge Proofs: Transforming Blockchain Security and Financial Systems
#ZeroKnowledgeProofs #BlockchainSecurity #FinancialSystems #Cryptography #DataPrivacy #ZKProofs #StarkWare #DigitalEconomy #OpenSource #Innovation #CryptoCompliance #TransactionVerification
According to Cointelegraph, zero-knowledge proofs (ZK-proofs), a cryptographic method that verifies data without revealing it, are gaining prominence in the blockchain industry and beyond. Initially confined to academic discussions, ZK-proofs are now highlighted in U.S. government reports and are integral to the settlement systems of global banks. This technology is becoming the gold standard for blockchain security, as noted in the latest Clear Crypto Podcast featuring StarkWare co-founder Eli Ben-Sasson. Ben-Sasson describes ZK-proofs as the definitive solution for scaling the financial world, emphasizing their role in transparent verification.
The White House's July crypto report identified ZK-proofs as a means to protect user privacy while enabling compliance checks. JPMorgan's private blockchain, Nexus, is already utilizing this technology for tokenized cash settlements and interbank messaging. Ben-Sasson explains that ZK-proofs make it cryptographically impossible to falsely convince someone of an action's correctness. In blockchain environments, this allows for the verification of a day's worth of transactions with the effort of checking just one, reducing costs and increasing speed without compromising trust. This capability extends beyond crypto-native systems, with potential applications in financial auditing, public record-keeping, and secure identity checks at borders.
The adoption of ZK-proofs is further accelerated by StarkWare's decision not to patent its implementation. Ben-Sasson advocates for open access to mathematical innovations, stating that math should be available to everyone, including competitors. This open approach has facilitated the rapid spread of ZK-proofs, allowing other projects to build on the technology. With policy recognition, institutional integration, and open-source availability converging, ZK-proofs are transitioning from a theoretical upgrade to an industry standard. Ben-Sasson envisions a future where individuals will own and prove value in the digital economy through this technology.#ZeroKnowledgeProofs #BlockchainSecurity #FinancialSystems #Cryptography #DataPrivacy #ZKProofs #StarkWare #DigitalEconomy #OpenSource #Innovation #CryptoCompliance #TransactionVerification
🚀 Corporate-Controlled Blockchains Face Uncertain Future, Says StarkWare CEO
#blockchain #corporateblockchains #decentralization #cryptocurrency #blockchaintechnology #defi #selfcustody #starkware #EliBenSasson #cryptocommunity
According to Cointelegraph, Eli Ben-Sasson, co-founder and CEO of StarkWare, has expressed skepticism about the longevity of blockchains controlled by corporations. In a recent post on X, Ben-Sasson reiterated his belief that "corpo" chains are unlikely to endure because they contradict a fundamental principle of blockchain technology, which is to eliminate the need for a central controlling entity. He emphasized that while blockchain technology is inherently complex and challenging to develop and use, its core value lies in decentralization.
Ben-Sasson acknowledged that the interest of corporations in adopting blockchain technology is a positive sign, as it indicates that blockchains are becoming more mainstream. However, he predicts that corporate-controlled blockchains will eventually be abandoned due to technical complexities and a lack of appeal from a decentralized finance (DeFi) and self-custody perspective. He foresees that these chains will ultimately fail to provide the added value of decentralization, leading corporations to lose interest.
The crypto community remains divided on the future of corporate blockchains. Some, like an X user known as Boluson, argue that many corporations do not genuinely need blockchain technology but feel compelled to adopt it to avoid being left behind. Others, such as Rob Masiello, CEO of Sova Labs, believe that corporate blockchains could be successful and beneficial for the companies that own and operate them, although users may not have opportunities to benefit from their success. There is also speculation that corporations might eventually transfer control of their blockchains to native firms or acquire existing blockchains to scale them for specific purposes.#blockchain #corporateblockchains #decentralization #cryptocurrency #blockchaintechnology #defi #selfcustody #starkware #EliBenSasson #cryptocommunity
🚀 StarkWare CEO and Michael Saylor Discuss Bitcoin's Future and Privacy Concerns
#StarkWare #CEO #MichaelSaylor #Bitcoin #Privacy #Zcash #Starknet #OP_CAT #Blockchain #Crypto #Cryptocurrency #PrivacyConcerns #BTC #ZEC #STRK
According to PANews, StarkWare CEO and Zcash co-founder Eli Ben-Sasson recently shared insights from his first conversation with Strategy founder and executive chairman Michael Saylor on the X platform. The discussion centered on Starknet's mission to advance the Bitcoin economy and the topic of privacy.
Saylor expressed his belief that Bitcoin should not incorporate privacy features similar to those of Zcash, as this could provide sovereign states with a reason to ban it. Ben-Sasson disagreed, suggesting that it is possible to balance privacy protection while allowing key visibility.
The conversation also touched on OP_CAT, with Saylor expressing concerns about making changes too rapidly. Ben-Sasson countered this view, arguing that OP_CAT has been extensively debated and researched over the past decade, and further delays are unnecessary.#StarkWare #CEO #MichaelSaylor #Bitcoin #Privacy #Zcash #Starknet #OP_CAT #Blockchain #Crypto #Cryptocurrency #PrivacyConcerns #BTC #ZEC #STRK
🚀 Paradex Faces Delays in Maintenance Amid User Concerns
#Paradex #Starknet #DeFi #cryptocurrency #Layer2 #perpetualderivatives #maintenance #liquidation #fundingrates #Paradigm #StarkWare #crypto
According to BlockBeats, on January 19, Paradex, a decentralized perpetual derivatives Layer2 application chain within the Starknet ecosystem, announced temporary maintenance. Despite the expected completion time having passed, the protocol remains offline.
Community feedback indicates that some users experienced forced liquidation of their perpetual contract trades on Paradex due to unusually high funding rates.
Public information reveals that Paradex combines the liquidity of the crypto institutional platform Paradigm with the transparency and self-custody of DeFi. It operates as its own chain based on the Starknet developer stack and is the result of a six-month collaboration between StarkWare and Paradigm.#Paradex #Starknet #DeFi #cryptocurrency #Layer2 #perpetualderivatives #maintenance #liquidation #fundingrates #Paradigm #StarkWare #crypto
🚀 StarkWare Integrates Nightfall for Confidential Blockchain Transactions
#StarkWare #Nightfall #Blockchain #ZeroKnowledge #PrivacyLayer #ConfidentialTransactions #EY #Starknet #B2BPayments #InstitutionalTransactions #KYC #TokenizedAssets #PublicBlockchain
StarkWare is integrating Nightfall, an open-source zero-knowledge privacy layer developed by one of the Big Four accounting firms, EY, into its Starknet platform. According to BlockBeats, this integration aims to facilitate confidential institutional transactions on public blockchain infrastructure.
The initiative enables institutions to conduct private B2B payments, fund operations, and tokenized asset transfers without exposing sensitive transaction details. StarkWare highlights that Nightfall supports transaction privacy by default while allowing for selective disclosure and compliance requirements, such as Know Your Customer (KYC), to meet the needs of institutional users.#StarkWare #Nightfall #Blockchain #ZeroKnowledge #PrivacyLayer #ConfidentialTransactions #EY #Starknet #B2BPayments #InstitutionalTransactions #KYC #TokenizedAssets #PublicBlockchain
🚀 Starknet Develops Privacy Feature for Protected Stablecoin Issuance
#Starknet #PrivacyFeature #ProtectedStablecoin #STRK20 #StarkWare #DeFi #ERC20 #Blockchain
Starknet is working on a new privacy feature aimed at enabling teams to issue protected stablecoins and other assets while maintaining compliance. According to BlockBeats, this feature, known as the STRK20 framework, is being developed by StarkWare and is expected to be deployed on Starknet later this year.
The framework is designed to provide token-level privacy protection for assets issued on Starknet, ensuring transaction and balance confidentiality while remaining compatible with decentralized finance (DeFi) applications. The team indicates that Starknet's solution is anticipated to support ERC-20 tokens, the standard used by most fungible assets on Ethereum.#Starknet #PrivacyFeature #ProtectedStablecoin #STRK20 #StarkWare #DeFi #ERC20 #Blockchain
🚀 Starknet Advances to Fourth Phase with Enhanced Privacy and Bitcoin Integration
#Starknet #StarkWare #STRK20 #ERC20Privacy #strkBTC #BitcoinIntegration #Decentralization #Privacy #StakingV3 #StakingV4 #BitcoinOP_CAT #BitVM #ColliderVM #BitcoinDeFi #STwoValidator #QuantumSecurity #PostQuantumComputing #Blockchain #BTC
StarkWare has announced that Starknet has officially entered its fourth phase, aiming to create a faster, more decentralized, and private network while strengthening its connection with Bitcoin. According to Odaily, this phase highlights the introduction of the STRK20 framework, which supports ERC20 privacy features, and the strkBTC asset, enabling privacy-focused transactions with native Bitcoin exchange options. Additionally, Starknet v0.15.0 will introduce decentralized block verification, and Staking v3 and v4 will gradually achieve full network decentralization.
Starknet is also advancing the Bitcoin OP_CAT upgrade to enable trustless settlement and exploring additional Bitcoin bridging solutions such as BitVM and ColliderVM to foster Bitcoin DeFi development on Starknet. The S-two validator will further optimize client proof verification, enhancing network scalability and privacy protection. Starknet is committed to achieving comprehensive quantum security, preparing for the post-quantum computing era in blockchain and Bitcoin.#Starknet #StarkWare #STRK20 #ERC20Privacy #strkBTC #BitcoinIntegration #Decentralization #Privacy #StakingV3 #StakingV4 #BitcoinOP_CAT #BitVM #ColliderVM #BitcoinDeFi #STwoValidator #QuantumSecurity #PostQuantumComputing #Blockchain #BTC
🚀 StarkWare Researcher Proposes Complex Bitcoin Transaction Scheme
#StarkWare #Bitcoin #transaction #AvihuMordechaiLevy #protocol #computationaldemands #scalability #relaypolicy #BTC
StarkWare researcher Avihu Mordechai Levy has introduced a Bitcoin transaction scheme that aims to circumvent the need for a protocol change. According to NS3.AI, the proposed method involves solving a pre-broadcast puzzle, which would necessitate approximately 70 trillion attempts. Levy characterized this design as a last-resort solution due to its significant computational demands, large transaction size, and potential relay-policy challenges, all of which could hinder scalability.#StarkWare #Bitcoin #transaction #AvihuMordechaiLevy #protocol #computationaldemands #scalability #relaypolicy #BTC