StarkWare Industries develops STARK-based validity proofs to enhance scalability, security, and privacy for blockchain applications. Their solutions, Starknet and StarkEx, enable developers to deploy decentralized applications with high throughput and low transaction costs, addressing the limitations of traditional blockchain infrastructure.
Funding
$261.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Traditional blockchain infrastructures face limitations in scalability, security, and privacy, hindering the deployment of decentralized applications requiring high throughput and low transaction costs. Existing solutions often compromise on Ethereum security or introduce complexities that impede developer adoption.
Solution
StarkWare develops STARK-based validity proofs, offering a suite of solutions that enhance scalability and security for blockchain applications. Starknet, a permissionless decentralized validity-rollup (ZK-Rollup), allows any developer to deploy dApps with smart contracts and achieve virtually unlimited scale. StarkEx, a standalone validity-rollup SaaS, enables dApps to build on a service that supports various use cases, including NFT minting and trading, derivative trading, AMMs, spot trading, payments, and DeFi pooling. These solutions leverage Cairo, a language for creating STARK-provable programs, to scale applications on Mainnet while maintaining Ethereum-level security.
Target Audience
The primary target audience includes developers and enterprises seeking to build and deploy scalable, secure, and private decentralized applications on the blockchain.
Features
- STARK-based validity proofs for scalable and secure blockchain applications
- Starknet: A permissionless, decentralized ZK-Rollup for general-purpose dApp deployment
- StarkEx: A standalone validity-rollup SaaS supporting diverse use cases
- Cairo: A language for creating STARK-provable programs
- Support for various data availability modes
- Compatibility with Ethereum Mainnet