DeversiFi 2.0 DEx Integrates Starkware to Enable 9K+ Trades Per Second

The DeversiFi decentralized exchange, or DEX, relaunched as DeversiFi 2.0 on June 3, incorporating Starkware’s zkSTARK layer-2 scaling technology. This new platform will be able to process over 9,000 transactions per second, while maintaining privacy, liquidity and low fees in a non-custodial solution.

Zero Knowledge Proof Batch Validation

Starkware’s layer-2 solution utilizes Zero Knowledge Proof, or ZKP, technology to bring scalability to non-custodial trading. It achieves this by processing trades in batches and then submitting a single proof for each batch.

This consumes a small fraction of the Ethereum blockchain resources that standard on-chain processing would require. Starkware President Eli Ben Sasson explained the benefits of the technology:

“Commercial grade Defi needs robust cryptography and zkSTARKs are fastest in class, post-quantum safe and can easily scale to tens of thousands of transactions per second with no trusted setup … We are excited to see traders embracing self-custodial trading without sacrificing liquidity or speed”

Benefits of layer-2 scalability

Integration of this technology into DeversiFi 2.0 will bring instant settlement, deep liquidity and withdrawal certainty to the exchange. DeversiFi CEO Will Harborne says it will transform the platform:

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