StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver. (Danny Nelson)

Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature

Summary

Starknet, an Ethereum layer-2 network, plans to introduce "parallelization" in Q2, aiming to process more transactions simultaneously for improved throughput and faster L2 finality. This feature, similar to Solana's appeal, will enhance efficiency and address congestion. The network ranks sixth in TVL among layer-2 networks and is the largest ZK Rollups-based network. Further efforts this year include fee-reduction measures through projects like "Volition" and "DA compression."