PANews reported on November 18 that StarkWare CEO Eli Ben Sasson told Cointelegraph during DevCon 2024 that Starknet's transaction speed is expected to increase fourfold in the next three months, while transaction fees will drop fivefold. This improvement mainly comes from better compilation and faster execution of its native smart contract language Cairo. Starknet plans to increase transaction speed to more than 1,000 TPS, comparable to Solana's performance. Currently, Starknet's average transaction fee is only $0.002, which is expected to drop further, making it one of the cheapest Ethereum Layer 2 networks. In addition, StarkWare is also exploring the introduction of the OP_CAT improvement proposal to support native settlement on Bitcoin, and this upgrade is expected to be implemented within the next 12 months.
Starknet will increase TPS 4x and reduce fees 5x in the next 3 months
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Author: PA一线
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