Starknet Roadmap Overview
One of Starknet's main goals in the coming months is to improve network performance, particularly throughput improvements, to support expected growth in the number of users and developers on its network. That’s why we made sure to be ready for EIP-4844 from the beginning. Starknet enabled blob functionality within hours of the Cancun upgrade and became the first L2 to significantly reduce user fees.
Starknet is ideally suited to take advantage of EIP-4844, adding its own scalability measures on top of the upgrade.
2024 begins with the release of Starknet v0.13.0, which expands the network’s block size and reduces its transaction fees by 25%. Here are additional upgrades that further improve Starknet performance:
EIP-4844 Compatibility: V0.13.1 adds support for Ethereum’s long-awaited EIP-4844, significantly reducing transaction fees. The average fee per transaction on Starknet is currently down to $0.017 and continues to fall!
Transaction parallelization: V0.13.2 will enable concurrent execution of independent transactions. This means Starknet will be able to process more transactions simultaneously, increasing throughput and speeding up L2 finality. For example, ERC-20 transfers from different users will be executed concurrently rather than sequentially.
Cairo Native Integration: V0.13.3 will integrate LambdaClass’ state-of-the-art Cairo Native into the Starknet sequencer. The integration is a joint effort with Nethermind and brings huge performance improvements by allowing the sequencer to transition from the Cairo virtual machine to executing directly on the x86 architecture, making running transactions on Starknet significantly faster. In fact, this will significantly speed up transaction execution, reduce latency and increase throughput.
Many other surprises! Transaction fees significantly reduced
V.0.14.0 The current plan focuses on further reducing handling fees. The exact content of this upgrade will depend on the long-term effects of EIP-4844 and the performance improvements that precede it. Currently, three major improvements are underway:
Volition: Volition will advance hybrid data availability on Starknet, meaning developers will be able to create dApps that store data on Starknet instead of Ethereum. In this way, developers can reduce end-user transaction costs by reducing L1 footprint.For more information about Volition's design, read this article.
Apply Recursion: Applying Recursion will allow batching of L1 occupancy (data storage evidence) across multiple blocks, allowing for better batching of L1 costs, thereby reducing fees for end users.
Data Availability Compression: As the name suggests, data availability compression will reduce Starknet’s data footprint on L1, thereby reducing end-user fees. Currently, we are exploring two possible recursive methods to implement this functionality.
Over the next few months, Starknet users and developers will experience significant increases in throughput and significant reductions in transaction fees, the result of a series of key performance upgrades requested by the Starknet community. .
The short-term roadmap for Starknet v0.13.0 (v0.13.1 and v0.13.2) has been determined, but the medium- and long-term roadmap is more flexible. The Starknet community plays an important role in the trajectory of the network, and we welcome community feedback. What is certain is that you can expect innovative solutions to continue to be launched in the future to continuously improve the scalability of the leading Ethereum L2 -
$STRK .
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