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Home»Blockchain»Starknet v0.12.0 increases network throughput and reduces latency
Blockchain

Starknet v0.12.0 increases network throughput and reduces latency

2023-06-05No Comments2 Mins Read
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To achieve this, a new Rust implementation of Sequencer will be introduced. The sequencer includes more efficient local storage and critical path logic designed to significantly reduce transaction confirmation wait times and resolve network congestion issues.

According to the Starknet admin page, the upgrade vote for Starknet v0.12.0 is coming. Starknet Alpha v0.12.0 is expected to be integrated and deployed by mid-June, allowing the community to deploy and drop its vote for Goerli by the end of June.

The proposal suggests that the framework for the upgrade schedule is as follows:

  1. Integration time: the first 7 days to integrate the stable version,
  2. Test period: first 3 days of deployment on Goerli-testnet, then vote for 5 days, then wait for 1 day (Freeze time)
  3. Deploy the mainnet the next day, for a total of 17 days.

According to the previous roadmap update, 2023, with the full focus on developing features, will be the year of network decentralization. This will also be when this tier-2 will launch its $STRK token, as it needs a project’s own token to implement decentralized governance.

The move is similar to the zkSync era when that Layer 2 solution also announced the network decentralization date as 2024.

Around the end of last year, StarkNet released information about the StarkNet token to the community, including the deployment of the token on the Ethereum network and the announcement of tokenomics.


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See also  Zeus Network Launches ZeusNode to Increase Bitcoin Liquidity in Solana
increases latency Network reduces Starknet throughput v0.12.0
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