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

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Scaling on steroids. Recursive zero-knowledge proofs could see as many as 60 million NFTs minted in a single transaction, StarkWare founder Eli Ben-Sasson tells Cointelegraph.

Zero-knowledge rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.

Speaking to Cointelegraph, Ben-Sasson said that recursive validity proofs could further scale up transaction throughput to a factor of at least ten compared to standard Validium scaling, noting that they’ve already been rolling up 600,000 mints of“I would say the minimum I would say is 10x [...] We've been putting 600,000 mints of NFTs, which resulted in a 10 gas per mint.

However, Ben-Sasson also added the number could “go up to 60 million with more engineering and tweaking," adding:StarkNet is a permissionless and decentralized layer-2 ZK-rollup that uses Validium to scale transactions. Like standard ZK-Rollups, Validiums work by aggregating thousands of transactions into a single transaction. StarkNet’s new Recursive validity proof technology can batch up several Validium blocks into a single proof.

Source: Digital Coin News (digitalcoinnews.net)

 

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