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Starknet Launches Parallel Execution to Speed Up Transactions on Layer 2 Blockchain
Starknet, an Ethereum Layer 2 scaling solution, has enhanced its ability to process transactions by introducing parallel execution. This new feature, part of the v0.13.2 upgrade, enables the network to handle several transactions at the same time, which increases both efficiency and scalability.
Starknet Transforms into Megastore Network
Previously, Starknet’s sequencer, the component responsible for organizing and batching transactions, processed transactions sequentially, akin to a single checkout line in a grocery store. This approach limited the network’s capacity, potentially leading to bottlenecks during periods of high demand.
“L2s today are like minimarkets with a single checkout, as our sequencers can only handle one transaction at a time,” explained Eli Ben-Sasson, CEO of StarkWare and board member at the Starknet Foundation. “We’re becoming the first ‘me
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