Starknet, Ethereum's layer 2 community, has reached a brand new milestone of transactions per second (TPS), surpassing different L2s.
On October twenty ninth, the X challenge introduced that its community had peaked at 857 TPS on the Starknet Mainnet, surpassing its earlier excessive of 503 TPS.
Crew Starknet later confirmed fromcrypto On October 30, this milestone included the processing of 11 million transactions in 24 hours, a mean TPS report of 127.5. This quantity represents a brand new excessive for any Ethereum L2.
Starknet's TPS report
Based on the challenge, this milestone got here from a joint, day-long stress check performed by StarkWare, sport developer Cartridge, and the Starknet Basis. The stress check included Cartridge's “Flippy Flop” sport, by which customers competed in opposition to robots to manage tiles on a grid. Bots tried to undo person actions by by chance unchecking tiles.
This intensive testing course of was created to extend Starknet transaction throughput with easy transactions that may very well be measured alongside different Ethereum Digital Machine (EVM) chains.
StarkWare CEO Eli Ben-Sasson hailed the achievement as a serious milestone for each Starknet and the broader L2 ecosystem. He famous that this success underscores the potential for mass adoption of L2 options, particularly as platforms like Starknet proceed to emphasise decentralization.
said:
“Whereas some will pave the best way for top TPS by compromising values, (we've proven that) excessive throughput could be achieved whereas respecting the blockchain's sacred worth of decentralization.”
Ben-Sasson additionally talked about in X's submit that the check had a negligible impression on fuel costs, underscoring Starknet's effectivity even underneath heavy load.
Over the previous yr, Starknet has emerged as a key participant amongst Ethereum layer 2 options and is understood for its superior cryptographic design and technical strengths.
Nonetheless, Starknet ranks decrease than a few of its rivals, significantly when it comes to Whole Worth Locked (TVL), which is a measure of the property held on the community. Based on L2Beats, Starknet's TVL is $660 million, far behind Arbitrum's $13 billion and the Coinbase-backed community's base of greater than $8 billion.