Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder

Eli Ben-Sasson was the co-founder and CEO of Starkware. He spoke out about the shift to PoS, which was highly anticipated by Ethereum network users.

At the Token2049 event Ben-Sasson spoke with Gareth Jenkinson, Cointelegraphs executive. He shared his ideas about the current scenario and the impact it has on layer-2 jobs such as Starkware. The executive likewise shared his ideas about the adoption of layer-2 products, and crypto winter.

Ben-Sasson, looking back at the execution of the Ethereum Merge, enjoyed that everything went as planned. The executive explained that:

The executive also stressed the importance of the Ethereum network being more sustainable. It reduces carbon footprint. He said that this is the most essential thing and bodes well for future improvements.

” The most essential thing about it is that it was done flawlessly. None of the things individuals were concerned about actually happened.

Ben-Sasson said that the Merge makes Ethereum a much better layer for settlement and more available to layer-2 solutions. Starkware executives highlighted the Merge as a considerable advancement that might allow them to provide scaling, compression of computing and other technological enhancements.

Related: China GPU Prices Drop to New Lows After the Ethereum Merge

Ben-Sasson showed us that Starkware services have been embraced and embraced by many people since they work with other effective jobs in layer-1 Ethereum. This consists of blockchain video gaming, decentralized finance (DeFi), and nonfungible tokens. The executive likewise shared his wish for the future. He mentioned that:

The executive shared his conviction that in spite of the truth that many individuals describe the current crypto and blockchain circumstance as a “crypto winter”, their group feels something else. He said, “We feel it like spring towards the pleasant Summer.”
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” I think that ultimately, the ability run enormously more computations with a really little gas footprint will open up brand-new and more crucial applications.”

At the Token2049 event Ben-Sasson spoke to Gareth Jenkinson, Cointelegraphs executive. He shared his ideas about the existing circumstance and the impact it has on layer-2 tasks such as Starkware. The executive also worried the value of the Ethereum network being more sustainable. Ben-Sasson shared with us that Starkware options have actually been adopted and accepted by a lot of individuals due to the fact that they are suitable with other effective projects in layer-1 Ethereum.

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Jeannine Cruz– Earnings I am known as Jeannine Cruz, I am a writer and an industrialist by profession. My age is 32 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about finance and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games.

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