Fun

Vitalik Buterin introduces Circle STARKs for blockchain efficiency

News Feed - 2024-07-23 10:07:07

Josh O"Sullivan10 hours agoVitalik Buterin introduces Circle STARKs for blockchain efficiencyButerin reveals Circle STARKs, a breakthrough protocol enhancing blockchain security and efficiency through small-field cryptography.1610 Total views14 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksEthereum co-founder Vitalik Buterin has introduced a new cryptographic protocol called Circle STARKs that promises to improve blockchain security and efficiency.


In his latest post, Buterin explains that this technological leap utilizes smaller fields like Mersenne31 to significantly improve proving speed without compromising security measures.“The most important trend in STARK protocol design over the last two years has been the switch to working over small fields.”


Related:Charles Hoskinson rejects Vitalik Buterin’s view on pro-crypto votingSmaller fields, bigger gains


According to the post, traditional scalable transparent arguments of knowledge (STARKs) operate over 256-bit fields, which, while secure, are typically inefficient.


Circle STARKs leverage smaller fields, resulting in reduced computational costs, faster-proving speeds and more efficient gains, such as verifying 620,000 Poseidon2 hashes per second on an M3 laptop.


Buterin notes that previous STARK implementation made smaller fields “naturally compatible with verifying elliptic curve-based signatures” but “led to inefficiency” due to the large numbers involved.


Related:Vitalik Buterin warns of politicians claiming to be ‘pro-crypto’Circle STARK security


Traditional small fields have limited possible values and can become exposed to brute-force attacks.


Circle STARKs counteract this vulnerability by performing multiple random checks and using extension fields, expanding the set of values that attackers need to guess.


This security measure creates a computational prohibitive barrier for attackers, maintaining the protocol’s integrity.“With STARKs over smaller fields, we have a problem: there are only about two billion possible values of r to choose from, and so an attacker wanting to make a fake proof need only try two billion times - a lot of work, but quite doable for a determined attacker!”


Related:StarkWare verifies first zero-knowledge proof on BitcoinPractical implications


The Fast Reed-Solomon Interactive Oracle Proofs of Proximity (FRI) prove that a function is a polynomial of a certain degree and is a crucial aspect of Circle STARKs.


Introducing Circle FRI, an approach that maintains the integrity of the cryptographic process, Circle STARKs ensure that non-polynomial inputs fail the proof.


Circle STARKs offer more flexibility and versatility for efficient computational performance by utilizing small fields and this new mathematical structure.


Magazine:Pudgy Penguins lands in Pixelverse, Ether ETFs, and more: Hodler’s Digest, July 14–20# Blockchain# Cryptocurrencies# Security# Ethereum# Technology# Vitalik Buterin# DeFi# zk-STARKAdd reaction

News Feed

Dogecoin Is Bullish Long-Term, but Short-Term Screams Caution. Here’s Why Meme Index Presale Can 100X as a Result.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Dencun upgrade goes live on Ethereum mainnet
Zoltan Vardai10 hours agoDencun upgrade goes live on Ethereum mainnetDencun, the biggest upgrade since the Merge, has just gone live on the Ethereum network.9939 Total views6 Total sharesListen to article 0:00NewsOwn thi
Lucas Kiely4 hours agoSky-high interest rates are exactly what the crypto market needsWe can no longer rely on central banks to prop up our investments, which means learning to look at the health of the companies and pro
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
Hedge Fund Galois Capital Discloses "Roughly Half" of the Firm"s Capital "Stuck on FTX" According to the co-founder of Galois Capital, the hedge fund manager who warned about the T
Tristan Greene5 hours agoSEC Chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’Gensler reportedly fears Big Tech’s stranglehold on AI technologies homogenizing the financial market.
Prashant Jha13 hours agoVitalik Buterin wants Bitcoin to experiment with layer-2 solutions, just like EthereumButerin also lauded the recent rise of Ordinals and believes they have brought the builder culture back to the
Game Developers GSC Game World and Ubisoft Face Backlash About NFT Inclusion
Game Developers GSC Game World and Ubisoft Face Backlash About NFT Inclusion GSC Game World and Ubisoft, two game development companies, are dealing with backlash about the inclusi
S&P Global Ratings Study Predicts Crypto and Decentralized Finance Will Continue to Grow in 2022.
S&P Global Ratings Study Predicts Crypto and Decentralized Finance Will Continue to Grow in 2022. S&P Global, an intelligence and data company, suggests that crypto and decentraliz
Is Bitcoin Headed For A Meltdown? Veteran Trader Sees 75% Crash Ahead
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
US Bank Quontic Launches Bitcoin Rewards Checking Account With Debit Card
US Bank Quontic Launches Bitcoin Rewards Checking Account With Debit Card Quontic Bank is launching a bitcoin rewards checking account with a debit card. Custome
Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin
Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for BitcoinOn Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin
13,000 BTC Moved in 20 Months — 2010 Mystery Miner Transfers Another String of 20 Decade-Old Block Rewards
13,000 BTC Moved in 20 Months — 2010 Mystery Miner Transfers Another String of 20 Decade-Old Block Rewards Two days ago on November 10, a mystery whale transferred 20 block rewar