BEAMSTART Logo

60 million NFTs could be minted in a single transaction: StarkWare founder

Coin Telegraph LogoCoin Telegraph3 mo ago

60 million NFTs could be minted in a single transaction: StarkWare founder - Coin Telegraph

Quick Summary:

The StarkWare founder announced the launch of its new Recursive validity proof technology on Aug.7 in Seoul.

Like standard ZK-Rollups, Validiums work by aggregating thousands of transactions into a single transaction.

Recursive proving can drastically decrease the amortized cost per transaction on L1, and introduces a secure STARK-based model for layer 3.


More Pictures


or

Article Details

Author / Journalist: Cointelegraph By Brayden Lindrea

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-08 @ 04:28:50 (3 months ago)

News Timezone: GMT -5:00

Ranking: #404 (out of 2205 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 119864

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "60 million NFTs could be minted in a single transaction: StarkWare founder" has 458 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "60 million NFTs could be minted in a single transaction: StarkWare founder" was covered 3 months ago by Coin Telegraph, a news publisher based in United States.

How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 27 news stories per day.

It's most recent story was published 12 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #119864
  • URL: https://beamstart.com/news/60-million-nfts-could-be-16599296799216

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.