KCN #StarkDEX the new infrastructure for the #crypto #economy

StarkWare and 0x presented the demo version of StarkDEX. What is it? In their announcement, the 0x team told: “StarkDEX is decentralized exchange infrastructure that utilizes STARKs to remove the glass ceiling on non-custodial trading and allows crypto exchanges to offer their customers trading at scale, without counter-party risk. Today, the system at max capacity can batch 8,000 transactions per block, which is over 550 transactions per second and 200x cheaper in terms of gas costs. Ethereum at max capacity can only verify roughly 3 transactions per second. ZK-STARK is a zero-knowledge proof system that stands for Zero Knowledge Scalable Transparent Argument of Knowledge. What distinguishes STARKs are several properties: scalability, transparency, lean cryptography, and no trusted setup. A detailed description can be found on the social networks of the 0x team as well as on the website. The news release partner STEX.com.
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Info: https://blog.0xproject.com/starkdex-bringing-starks-to-ethereum-6a03fffc0eb7