Originally published on: October 30, 2024
Starknet, a cutting-edge layer-2 (L2) scaling solution built on Ethereum, recently reached a groundbreaking milestone by hitting an impressive 857 transactions per second (TPS) during a controlled stress test on October 29th.
This stress test, which lasted 24 hours, showcased an average TPS of 127.5, demonstrating Starknet’s capability to handle high-demand blockchain applications efficiently. While the results are promising, they also raise important questions about the network’s long-term scalability.
Eli Ben-Sasson, CEO of StarkWare, emphasized the network’s ability to scale without compromising its core values. He highlighted that Starknet could maintain integrity while achieving high TPS, setting it apart from other networks that sacrifice integrity for speed.
The stress test simulated a high-demand gaming environment, revealing fast transaction speeds and improved throughput when compared to competitors like Coinbase’s Base network. This demonstration underscored Starknet’s “firepower” in a user-friendly setting familiar to casual gamers, making it easy for them to participate without navigating the complexities of blockchain technology.
In a comparison with Base, Starknet’s stress test outperformed by achieving almost a 1,100% increase in TPS, showcasing its dominance in transaction processing speed.
While the results of the stress test are promising, it’s essential to note that real-world scenarios may present challenges that weren’t observed in the controlled environment. As Starknet aims to scale up to accommodate a larger user base, potential issues such as congestion and gas fee hikes could arise, similar to those witnessed on Ethereum and Solana networks.
Despite these challenges, Ben-Sasson remains optimistic about the network’s future scalability. He mentioned upcoming developments, including the introduction of the STWO prover in early 2025, which will further enhance Starknet’s TPS capabilities.
Starknet’s latest achievements underscore its potential to revolutionize the blockchain industry and pave the way for high-performance decentralized applications. Stay tuned for more updates on this game-changing platform.