Introduction
Starknet has solidified its position as the highest-performing Layer 2 (L2) network, achieving a groundbreaking 127 TPS sustained over 24 hours on October 29, 2024. This milestone, fueled by optimizations in speed, fees, and scalability, positions Starknet as the go-to L2 for mass blockchain adoption.
Key Highlights
- 127 TPS: Shattered the L2 record for sustained throughput.
- 2-Second Confirmations: Near-instant transaction finality.
- Ultra-Low Fees: Averaging $0.002 per transaction.
- UX Innovations: Wallet-less gaming via passkeys and session keys.
Performance Trifecta: Speed, Cost, Capacity
1. Throughput (TPS)
Starknet’s 127 TPS was demonstrated during Cartridge’s Flippy Flop game, highlighting its ability to handle high-volume transactions seamlessly.
2. Transaction Speed
Recent upgrades slashed confirmation times to under 2 seconds, rivaling Web2 experiences.
3. Network Fees
Fees hit an all-time low (~$0.002), thanks to:
- EIP-4844 integration (reduced Ethereum data costs).
- Block packing (cut fixed L1 costs by 50%).
👉 Explore Starknet’s Fee Structure
UX Breakthroughs
- No Wallet Needed: Passkeys enabled frictionless access.
- Signatureless Gameplay: Session keys eliminated transaction signing.
- Zero Fees: Paymaster covered gas costs.
Powered by Starknet’s native account abstraction.
Technical Optimizations
1. Bolt Upgrade (v0.13.2)
- Parallel Execution: Aptos-inspired Block-STM model boosted TPS.
- Block Packing: Decoupled L2/L1 costs, improving scalability.
2. Future Roadmap
- Stateless Compression (Nov 2024): Lowers DA costs further.
- Cairo-Native Integration: Expected 30%+ performance boost.
- Stwo Prover (2025): Faster proofs with SHARP integration.
👉 Learn About Starknet’s Roadmap
FAQs
Q1: How does Starknet achieve such low fees?
A: Combines EIP-4844 blobs, block packing, and optimized data availability.
Q2: What’s unique about Starknet’s account abstraction?
A: Enables features like passkeys and session keys for Web2-like UX.
Q3: When will stateless compression launch?
A: November 2024, ensuring fee stability even if blob prices spike.
Conclusion
Starknet’s relentless optimizations in throughput, speed, and cost-efficiency make it the premier L2 for developers and users alike. With future upgrades like Cairo-Native and Stwo, Starknet is poised to redefine blockchain scalability.
For updates, follow Starknet on X.
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