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Market
Market response to ZKThreads in StarkWare investment by end of 2024
5
Resolution / Starting Odds
Increase in investment • 25%
Stable investment levels • 25%
Decrease in investment • 25%
Significant new partnerships • 25%
Investment and funding reports, StarkWare valuation updates
Story
StarkWare and Cartridge Introduce ZKThreads Standard for Scalable ZK Applications on StarkNet
May 23, 2024, 01:05 PM
StarkWare Ltd has introduced the ZKThreads standard, a new scaling framework for decentralized zero-knowledge (ZK) applications on its Layer 2 (L2) network, StarkNet. This innovative framework, developed in collaboration with Cartridge, aims to enhance scalability and customizability without fragmentation. The ZKThreads standard allows for provable dApps, eliminating the need for developers to build their own infrastructure. Additionally, StarkNet's new framework offers lower costs than traditional L2 solutions by only charging fees when retracting back to the connected network. This development is part of StarkWare's broader efforts to advance Ethereum scaling solutions, including its recent partnership with Radius XYZ. The ZKThreads standard is inspired by the ERC-20 standard and will expand the product lineup based on the Fractal framework.
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StarkWare • 33%
Ethereum Foundation • 33%
Other • 33%
Partnership with major financial institution • 33%
Successful scaling test results • 33%
Grant fund fully allocated • 33%
Increased Bitcoin scalability • 25%
Increased Ethereum scalability • 25%
Enhanced interoperability between Bitcoin and Ethereum • 25%
Research advancements • 25%
Bitcoin • 33%
Ethereum • 33%
Both Equally • 34%
Yes • 50%
No • 50%
E-commerce • 33%
Biomedicine • 33%
Academic Research • 34%
Stock price up > 10% • 25%
Stock price up 5-10% • 25%
Stock price up < 5% • 25%
Stock price unchanged or declines • 25%
North America • 25%
Europe • 25%
Asia • 25%
Rest of the World • 25%