by StarkWare Industries
Quick Fact
StarkGate Bridge enables seamless transfer of assets between Ethereum Layer 1 and StarkNet, a Layer 2 scalability solution.
StarkGate is a cross-chain bridge developed by StarkWare Industries to facilitate the transfer of assets between Ethereum’s Layer 1 and StarkNet, their Layer 2 scalability network. This bridge leverages StarkNet’s zero-knowledge rollups (ZK-rollups) to provide high throughput, reduced gas fees, and enhanced scalability, all while maintaining Ethereum’s security.
The key feature of StarkGate is its use of ZK-Rollups, a technology that aggregates multiple transactions off-chain and submits only proof of validity on-chain. This reduces the amount of data that needs to be processed on Ethereum’s Layer 1, leading to significantly lower gas fees while preserving the security and decentralization of Ethereum. StarkGate thus allows users to enjoy high-speed and low-cost transactions.
StarkGate is designed with security in mind, leveraging Ethereum's robust security model and the cryptographic guarantees provided by zero-knowledge proofs. This bridge allows users to securely transfer Ether (ETH), ERC-20 tokens, and other assets between Ethereum and StarkNet without compromising on the security standards of the underlying Layer 1 blockchain.
By enabling efficient scaling through StarkNet’s Layer 2, StarkGate empowers decentralized applications (dApps) to handle a higher number of transactions while maintaining low costs. This opens up opportunities for developers to build more complex applications without worrying about Ethereum's scalability limitations. StarkGate’s integration with StarkNet provides a seamless experience for users and developers alike, allowing for fast and secure transactions across chains.