Starknet will increase TPS 4X and reduce fees 5X within 3 months: CEO
StarkWare is looking to reduce its already cheap fees as it anticipates a boom in blockchain activity and gas fees in the coming months.
Auto Added by WPeMatico
StarkWare is looking to reduce its already cheap fees as it anticipates a boom in blockchain activity and gas fees in the coming months.
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.
According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually.
The protocol’s native VISTA token briefly soared to a value as high as $30 million, netting one trader some serious profit.
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base.
Ethereum’s Achilles heel is institutional adoption, scalability, and sustainable DApp ecosystem growth.
