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

Derek Andersen6 hours agoGenesis Digital Assets opens three new facilities in South Carolina in US expansionThe company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texa
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout Central banks worldwide have been bracing for the worst, as the global economy has shuddered o
Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency
Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World"s Reserve Currency Morgan Stanley’s global strategist has made a case that bitcoin
Uniswap (UNI) price gains 50% after fee-sharing governance proposal
Nancy Lubale4 hours agoUniswap (UNI) price gains 50% after fee-sharing governance proposalUNI went on a 50%+ run after a proposal from the Uniswap Foundation suggested “rewarding UNI holders who have staked and delegat
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’ On Friday, Jerome Powell spoke
Konami Launches Metaverse Push With Web3 Focused Hiring Spree
Konami Launches Metaverse Push With Web3 Focused Hiring Spree Konami, one of the most influential Japanese game development and publishing companies, has announced it will be intro
Toncoin Walks A Tightrope At $2.80 As Market Tension Builds – What Next?
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
The Most Reliable Bitcoin Mixer BitMix.Biz – Your Fast Crypto Security in 2020
The Most Reliable Bitcoin Mixer BitMix.Biz - Your Fast Crypto Security in 2020The one who called himself Satoshi Nakomoto, created cryptocurrency so that anyone can keep their finan
Newly released Satoshi emails reveal a treasure trove of early Bitcoin lore
Tristan Greene4 hours agoNewly released Satoshi emails reveal a treasure trove of early Bitcoin loreSatoshi didn’t come up with the term “cryptocurrency” and wanted to downplay Bitcoin’s “anonymity.”2673 Tota
Zhiyuan Sun5 hours agoBinance creates smart contract to refund users affected by $3M rug pullAfter the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets.5
Amaka Nwaokocha1 hour agoAI systems used in deadly military operations in Israel: ReportThe IDF has reportedly extensively deployed AI to establish itself as a global leader in autonomous weaponry.565 Total views14 Total
India’s Crypto Bill Omitted From Parliament Agenda While New Ban Report Appears
India"s Crypto Bill Omitted From Parliament Agenda While New Ban Report AppearsDespite much anticipation, the Indian cryptocurrency bill is not included in the list of bills to be i