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Starknet Set to Deploy "Quantum Leap" Upgrade, Boosting Transaction Speed and Time-to-Inclusion

Starknet, a layer 2 solution for Ethereum, is introducing the "Quantum Leap" upgrade to enhance transaction processing and reduce confirmation times. The upgrade is set to be deployed on the mainnet soon.

Starknet to Launch "Quantum Leap" Upgrade

Starknet, a layer 2 solution for the Ethereum blockchain, is gearing up to deploy a significant upgrade known as "Quantum Leap" on its main network. The upgrade aims to increase the number of transactions per second (TPS) the blockchain can handle and reduce the time required to confirm and report a transaction.

After going live on the testnet on Wednesday, the "Quantum Leap" upgrade is now awaiting approval from the Starknet community in a governance vote. If the vote is successful, the upgrade is scheduled to be deployed on Starknet's mainnet around July 13, as stated in a press release from StarkWare, the company behind Starknet.

While the exact TPS capacity of Starknet after the upgrade remains unclear, StarkWare claims that the blockchain will be capable of handling a minimum of 100 transactions per second once the upgrade is implemented. The team also emphasizes that Starknet will become a more competitive platform for application development as congestion is reduced.

According to Eli Ben-Sasson, the co-founder of StarkWare, the "Quantum Leap" upgrade is focused on empowering developers and enabling them to unleash their creativity without the limitations in computation often experienced on other blockchains.

This upgrade is part of Starknet's roadmap, which includes a series of planned enhancements to improve scalability. The roadmap reveals that the blockchain has further upgrades scheduled for the third and fourth quarters of 2023, with the aim of reducing transaction fees and shortening block intervals.

Additionally, the "Quantum Leap" upgrade coincides with Starknet's preparations to implement storage proofs on its mainnet. Storage proofs are cryptographic features intended to address cross-chain bridge hacks and enhance security.

As Starknet continues to evolve and enhance its capabilities, it is poised to provide developers with a more scalable and efficient solution for building decentralized applications on the Ethereum ecosystem.