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The much-anticipated Quantum Leap upgrade by layer-2 scaling protocol Starknet was recently deployed on the Ethereum mainnet, allowing for as much as 90 transactions per second (TPS), boosting the network\u2019s speed.<\/p>\n
\nMOARRR TPS DADDY STARKNET MAINNET QUANTUM LEAP 0.12.0 <\/p>\n
LIVE ON MAINNET pic.twitter.com\/RaI1XKcgy7<\/a><\/p>\n
\u2014 Starknet (@Starknet) July 12, 2023<\/a><\/p><\/blockquote>\n
In an announcement sent to Cointelegraph, Uri Kolodny, the co-founder and CEO of StarkWare, said it\u2019s a momentous day for the Ethereum blockchain, as the scaling ceiling has been \u201csmashed.\u201c He explained that \u201chigh TPS is finally a reality on Ethereum mainnet\u201d because of the new update, adding:<\/p>\n
\u201cWe said this upgrade would deliver potential TPS of hundreds within Q3, and only hoped from the stress test to check we\u2019re on target. A few dozen TPS at this early point would have left us excited \u2013 but we got more than we bargained for.\u201d <\/p><\/blockquote>\n
Kolodny also highlighted that it managed to achieve a consistent 37 TPS. In addition, the executive also noted that during its peak moments, the tests showed that the transfer transactions per second almost hit 100. <\/p>\n
Related: <\/em><\/strong>DeFi borrower uses luxury watch-backed NFT as collateral for a loan<\/em><\/strong><\/a><\/p>\n
On July 5, Starknet\u2019s Quantum Leap was deployed in a testnet<\/a>, recording speeds of up to triple figures. At the time of the testnet deployment, the team announced it was expecting the \u201ctime to inclusion\u201d to be around 15 seconds. This means\u00a0decentralized applications (DApps)<\/a> can confirm on-chain transactions in seconds, but the reality exceeded expectations. <\/p>\n
\u201cWe were aiming for latency of under 15 seconds, and in the end the vast majority of transactions had a time-to-inclusion of under 10 seconds,\u201d he explained. According to the Starknet team, more throughput and faster inclusion would pave the way for faster DeFi\u00a0applications. This also means that AAA-rated games will become more realistic within the network. <\/p>\n
Eli Ben-Sasson, StarkWare co-founder and president, told Cointelegraph that this means the community is basically being given a \u201csupercharged power tool.\u201d With this, they will suddenly be able to build things that weren\u2019t possible until now.\u00a0<\/p>\n
The executive also highlighted the short-term and long-term effects of the new development. \u201cAlmost overnight, it will make DeFi faster and less clunky, and make on-chain gaming far more seamless. Long term, it will lead to new and creative projects that will transform how we interact with technology and each other,\u201d he explained. <\/p>\n
Collect this article as an NFT<\/a><\/em><\/strong> to preserve this moment in history and show your support for independent journalism in the crypto space.<\/em><\/em><\/p>\n
Magazine: <\/em><\/strong>Web3 Gamer: GTA 6 crypto rumors, Dr Who\/Sandbox, Thai tourist NFTs review<\/em><\/strong><\/a><\/p>\n
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