StarkWare, Chainlink Partners To Boost StarkNet Ad
StarkWare, an Israeli company focused on Ethereum scaling, has partnered with Chainlink, a Web3 services platform, to expand development on StarkNet. The collaboration will also result in the formation of an economic network between the two entities.
StarkWare will become an official participant in the Chainlink SCALE programme and will make Chainlink Price Feeds available on the StarkNet testnet. Developers will be able to purchase low-cost StarkNet tokens to cover operating costs.
The partnership’s primary goal will be to accelerate the adoption of StarkWare’s solutions by expanding development across its ecosystem. The allies will also collaborate to create a financial system that will allow developers to create “highly performant, increasingly complex, and secure contract applications.”
The Israeli company recently announced plans to open-source its STARK Prove engine, which uses cryptographic proofs to allow blockchains to move computations to a single off-chain. The update may take some time to be officially implemented.
(With inputs from Shikha Singh)
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