{"id":16537,"date":"2024-08-29T19:55:28","date_gmt":"2024-08-29T16:55:28","guid":{"rendered":"https:\/\/forklog.com\/en\/starknet-enhances-transaction-speed-with-parallel-execution-and-block-packing\/"},"modified":"2024-08-29T19:55:28","modified_gmt":"2024-08-29T16:55:28","slug":"starknet-enhances-transaction-speed-with-parallel-execution-and-block-packing","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/starknet-enhances-transaction-speed-with-parallel-execution-and-block-packing\/","title":{"rendered":"Starknet Enhances Transaction Speed with Parallel Execution and Block Packing"},"content":{"rendered":"<p>Developers of the Starknet project have introduced a mechanism for executing multiple transactions simultaneously in their layer-two solution.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">2-second txs are here ?<\/p>\n<p>Parallel Execution and Block Packing are now live on Starknet mainnet!<\/p>\n<p>With higher TPS capacity, more frequent blocks and faster tx confirmation time, Starknet is now smoother than ever.<a href=\"https:\/\/t.co\/x7oPTYByB4\">https:\/\/t.co\/x7oPTYByB4<\/a> <a href=\"https:\/\/t.co\/Z23OKboPlT\">pic.twitter.com\/Z23OKboPlT<\/a><\/p>\n<p>\u2014 Starknet ?? (@Starknet) <a href=\"https:\/\/twitter.com\/Starknet\/status\/1828726775633051929?ref_src=twsrc%5Etfw\">August 28, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Parallel execution was implemented as part of the latest system upgrade to version 0.13.2. In addition to parallel data processing, the project team introduced a &#8220;block packing&#8221; feature, optimizing space by more densely arranging transactions.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Today, L2s are like mini-markets with a single checkout, as our sequencers can only process one transaction at a time,&#8221; stated Eli Ben-Sasson, CEO of StarkWare and board member of the Starknet Foundation.<\/cite><\/p><\/blockquote>\n<p>According to him, the approach to implementing the system was radically revised to enable the simultaneous execution of multiple operations.<\/p>\n<p>Starknet developers noted that the update will also reduce transaction confirmation time to two seconds (from 10-80).<\/p>\n<p>Since the beginning of the year, the number of active addresses on the platform has significantly decreased.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Screenshot_1-141.webp\" alt=\"Screenshot_1-141\" class=\"wp-image-240013\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.theblock.co\/data\/scaling-solutions\/zk-rollups\">The Block Research<\/a>.<\/figcaption><\/figure>\n<p>This trend became apparent shortly after the airdrop.<\/p>\n<p><a href=\"https:\/\/www.theblock.co\/data\/scaling-solutions\/zk-rollups\/transactions-on-zk-rollups-daily-7dma\">On-chain data<\/a> also illustrates a noticeable decline in daily transaction volumes. A similar trend is observed with competitor zkSync.<\/p>\n<p>Projects Linea and Scroll, which have not yet conducted airdrops, show much higher figures.<\/p>\n<p>Earlier, Starknet (STRK) holders were invited to vote on the launch of staking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers of the Starknet project have introduced a mechanism for executing multiple transactions simultaneously in their layer-two solution. 2-second txs are here ? Parallel Execution and Block Packing are now live on Starknet mainnet! With higher TPS capacity, more frequent blocks and faster tx confirmation time, Starknet is now smoother than ever.https:\/\/t.co\/x7oPTYByB4 pic.twitter.com\/Z23OKboPlT \u2014 Starknet [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1179,277,1177],"class_list":["post-16537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-layer-2-solutions","tag-scaling","tag-starknet"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16537"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16536"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}