Ethereum TPS boost? Starknet “Quantum Leap” is live

StarkWare co-founder and CEO Uri Kolodny says Starknet's latest Quantum Leap update makes high TPS a reality on the Ethereum mainnet.

News Join us on social networks

The highly anticipated Quantum Leap upgrade to the Starknet layer 2 scaling protocol was recently deployed on the Ethereum mainnet, enabling up to 90 transactions per second (TPS), increasing speed of the network.

MOARRR TPS DADDY STARKNET MAINNET QUANTUM LEAP 0.12.0

LIVE ON MAINNET pic.twitter.com/RaI1XKcgy7

— Starknet (@Starknet) July 12, 2023

In an announcement sent to Cointelegraph, Uri Kolodny, co-founder and CEO of StarkWare, said it was a momentous day for the Ethereum blockchain as the scaling cap was “broken” . He explained that "high TPS is finally a reality on the Ethereum mainnet" because of the new update, adding:

"We said this upgrade would deliver hundreds of potential TPS in Q3, and we were only hoping that the stress test would verify that we were on the right track. A few dozen TPS at this early stage would have excited us, but we got more than we bargained for."

Kolodny also pointed out that he managed to achieve a consistent 37 TPS. In addition, the exec also noted that during its peak times, testing showed transfer transactions per second to almost 100.

Related: DeFi Borrower Uses Luxury Watch-Backed NFT as Collateral for Loan

On July 5, the Starknet Quantum Leap was deployed in a testnet, recording speeds of up to three digits. At the time of the testnet rollout, the team announced that they expected the "include timeout" to be around 15 seconds. This means that decentralized applications (DApps) can confirm on-c...