As a researcher with a keen interest in blockchain technology and its potential to revolutionize the digital world, I find myself both excited and cautiously optimistic about Starknet’s recent performance. Having closely followed the development of various layer-2 solutions, it’s refreshing to see a project like Starknet pushing the boundaries of what’s possible in terms of throughput.
On October 29th, Starknet, an Ethereum-based layer-2 scaling solution, made a significant advancement as it peaked at processing 857 transactions per second (TPS) during a controlled performance test.
During a 24-hour span, the test scored an average of 127.5 transactions per second (TPS), indicating that the network could handle heavy-duty blockchain operations. However, this result also provokes doubts about its sustainability in terms of long-term scalability.
Eli Ben-Sasson, the CEO of StarkWare, shared with CryptoMoon that certain networks aim for high transactions per second (TPS) at the expense of principles. However, the test revealed that Starknet can achieve scalability without compromising its values or integrity.
“This is not a narrow story of ‘success on Starknet.’ It’s an illustration that scaling on blockchain is taking big leaps forward, and that the rails are getting ready for mass use.”
Blockchain throughput breakthrough
Starknet’s simulation of intense gaming scenarios demonstrated swift transaction speeds and enhanced data processing capacity, outperforming competitors such as Coinbase’s Base network in these areas.
As a researcher delving into the intricacies of Starknet, I found Ben-Sasson’s explanation particularly enlightening. He emphasized that one of the key attractions of the stress test lies in its potential to showcase Starknet’s robustness in an environment that resembles the gaming landscape familiar to many casual gamers.
He mentioned that gamers found it straightforward to join the trial, as they didn’t need to handle the complicated aspects associated with blockchain technology,” he said.
Based on L2Beat statistics, Starknet’s stress test peak of 857 transactions per second (TPS) significantly surpassed Base’s maximum of 79.92 TPS on October 29, representing approximately an 1,100% improvement over the Coinbase network’s performance.
Real-world performance considerations
Although Starknet’s test outcomes appear encouraging, it’s important to note that its controlled setting might not perfectly mimic real-life situations.
Expanding capacity to accommodate more users may lead to unexpected issues such as traffic jams and increased transaction fees, similar to what’s happened on networks like Ethereum.
Under ideal circumstances, the Solana blockchain is capable of processing transactions at a rate of up to 65,000 per second. However, it has experienced downtimes in the past due to heavy traffic and network glitches.
Starknet plans ahead
Ben-Sasson conveyed to CryptoMoon that this is merely the “initial phase” of the network’s endeavor to surpass its transaction per second (TPS) capacity, mentioning that there are further advancements yet to be unveiled by the team.
He mentioned that there are several upcoming advancements planned for Starknet, which will help increase its transaction processing speed significantly. One of these advancements is the expected launch of the STWO prover in early 2025.
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2024-10-30 16:37