Starknet Roadmap Overview

Source: Starknet Chinese Community

Selected Quick Facts

• We listen Community opinion! In 2023, the Starknet community requires the team to focus more on improving Starknet performance, reducing costs, and extending the interval between version upgrades.

• The Starknet roadmap covers all of the above and improves scalability.

• From parallel transactions and greater data availability (DA), to Cairo native integration, Starknet developers and users can realize significant increases in throughput and transaction fees this year significantly reduced.

A brief introduction

Starknet brings together the fastest growing community of L2 developers. Over the past year, the Starknet network has made a quantum leap in performance improvements and scalability (a tenfold increase in throughput with the release of Starknet Alpha v0.12.0) and welcomed its first applications chain, crypto derivatives exchange Paradex, etc.

Throughout 2023, the Starknet team has been monitoring feedback from the community (users and developers) about the directions they would like to see moving forward. It mainly includes the following contents:

• Performance improvement and cost reduction. For this content, you can check out the strategic plan we recently shared.

• Increasing the time between versions allows developers to maximize development time and minimize upgrade costs.

This article will provide an overview of the Starknet roadmap, as well as major performance upgrades and cost reduction plans designed to further improve Starknet's scalability.

Performance improvement: Hom After the Kun upgrade

One of Starknet’s main goals in the coming months is to improve network performance, especially throughput, to support its growing number of network users and developers. expected growth. That’s why we made sure to be ready for EIP-4844 from the beginning. Starknet enabled blob functionality within hours of the Cancun upgrade and became the first L2 to significantly reduce user fees.

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Starknet is an ideal choice to take advantage of EIP-4844, adding its own on top of the upgrade scalability measures.

Sponsored Business Content

2024 begins with the release of Starknet v0.13.0, which expands the network’s block size and reduces its transaction fees by 25%. Here are other upgrades that further improve Starknet performance:

• EIP-4844 Compatibility: V0.13.1 adds long-awaited improvements to Ethereum EIP-4844 support, thus significantly reducing transaction fees. The average fee per transaction on Starknet is currently down to $0.017 and continues to fall!

• Transaction parallelization: V0.13.2 will enable concurrent execution of independent transactions. This means Starknet will be able to process more transactions simultaneously, increasing throughput and speeding up L2 finality. For example, ERC-20 transfers from different users will be executed concurrently rather than sequentially.

• Cairo Native Integration: V0.13.3 will integrate LambdaClass’ state-of-the-art Cairo Native into the Starknet sequencer. The integration is a joint effort with Nethermind and brings huge performance improvements by allowing the sequencer to transition from the Cairo virtual machine to executing directly on the x86 architecture, making running transactions on Starknet significantly faster. In fact, this will significantly speed up transaction execution, reduce latency and increase throughput.

More other surprises! Transaction fees have been significantly reduced

V.0.14.0 The current plan focuses on further reducing handling fees. The exact content of this upgrade will depend on the long-term effects of EIP-4844 and the performance improvements that precede it. Currently, three major improvements are underway:

• Volition: Volition will advance hybrid data availability on Starknet, meaning developers Ability to create dApps that store data on Starknet instead of Ethereum. In this way, developers can reduce end-user transaction costs by reducing L1 footprint. For more information about Volition's design, read this article.

• Applying recursion: Applying recursion will allow batching of L1 occupancy (data storage evidence) of multiple blocks, thus better batching of L1 costs and in turn providing end users with Reduce expenses.

• Data availability compression: As the name suggests, data availability compression will reduce Starknet's data footprint in L1, thereby reducing end-user fees. Currently, we are exploring two possible recursive methods to implement this functionality.

Conclusion

In the next few months, Starknet users and developers will experience The significant increase in throughput and significant reduction in transaction fees are extraordinary results achieved through a series of key performance upgrades in compliance with the requirements of the Starknet community.

The short-term roadmap for Starknet v0.13.0 (v0.13.1 and v0.13.2) has been determined, but the medium- and long-term roadmap is more flexible. The Starknet community plays an important role in the trajectory of the network, and we welcome community feedback. One thing is for sure, you can expect innovative solutions to continue to be launched in the future to continuously improve the scalability of Starknet, the leading Ethereum L2.