TLDR Crypto · INNOVATION & LAUNCHES
STARKNET, AN ETHEREUM LAYER 2, PLANS 'PARALLEL EXECUTION' TO MIMIC SOLANA'S SPEED FEATURE
Summary from the TLDR Crypto newsletter
Starknet, an Ethereum L2, is planning to add a "parallelization" feature as part of a Q2 upgrade. The addition aims to increase transaction processing efficiency, resulting in better throughput and transaction finality. This comes as a part of Starknet's 2024 roadmap, which includes steps to curtail fees. Notably, Starknet is the largest network in the ZK rollups category of L2 networks, which are designed for quicker settlements based on zero-knowledge cryptography.