StarkWare’s ZKThreads solution prevents lock-ins like FTX

StarkWare has announced the introduction of ZKThreads, which is designed to prevent tying funds and improve the scalability of decentralized applications (DApps).

Reflecting on the impact of ZKThreads, Lewis Guttman, head of product/market strategy at StarWare, told Cointelegraph, “Thread-scale technology. [StarkWare] The ones that are built can prevent a disaster like FTX. he said:

“What ZKThreads add is the ability to trust that users will continue to be able to trade even in a down-time situation. For example, if a centralized exchange goes down, which happens often, users can automatically trade at the base layer. It makes markets more efficient, especially in terms of liquidity.”

Developed in partnership with Cartridge, ZKThreads aims to overcome fragmentation issues by creating a standardized environment for easily building proven applications.

This builds on StarkWare's vision of “fractal scaling”, a 2021 proposal to provide an alternative to modern ZK systems, which often operate in isolation, leading to dispersed liquidity, resources and application connectivity.

Related: White paper that gave birth to crypto ZK-proofs receives IEEE ‘Test of Time' award

As the initiator of the ZKThreads project, Gutman told Cointelegraph, “There are far-reaching implications for the way we build DApps.

“The blockchain space is primarily layer-based, so it's opening up a whole new world. This is extremely important, but ZKThreads emphasizes horizontal scaling as an additional approach.”

Starkware's layer-2 solution, StarkNet, leverages this horizontal scaling with performance slip, zero-knowledge (ZK) assertions. This process involves breaking down tasks into smaller parts, ensuring that the confidential details of each executed task remain accurate, secure, and confidential. Gutman added:

“ZKThreads reimagines collaboration by synchronizing with the main chain, removing the isolation common in traditional models. This strengthens security and trust, and creates a seamless fabric of interoperable applications.”

Recently, the Institute of Electrical and Electronics Engineers awarded the ten-year research paper “Bluptment” as the first implementation of ZK-proofs. Starkware founder Eli Ben-Sasson was one of the authors of the publication.

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