The StarkWare approach is more company orientated and in my opinion that could attract more of institutional adoption into the project. Simply, most of the companies that need the technology of blockchain are with rattletrap understanding and lumbering process and decision making. Traditional companies will need time to assimilate and process the information from Web 3 world and finally make a step towards it. The more comforting the product, features and technology behind the project providing it, the more success will have with the above described companies.
Company is situated in Israel and they are hiring only locally for now. Israeli's companies are very innovative and they are usually very devoted to their working environment! As far is I’m aware they’ve got an entrepreneur courses in the military service which all of the population need to pass through. There are many startups and cutting edge companies there in many different fields - Agriculture, Medicine, Pharmacy, Computer Technologies, Mathematics, Renewable energy and many more.
Why I’m writing this down - because that’s a healthy environment for the younger generation. They need to feel the expansion and the dynamic growth and constant intellectually improvement which I think is delivered from StarkWare to the new technologically native generation!
Co-Founder, President is Eli Ben-Sasson - He has been researching cryptographic and zero knowledge proofs of computational integrity ever since he received his Phd in Theoretical Computer Science from the Hebrew University in 2001. Eli is a co-inventor of the STARK, FRI and Zerocash protocols and a Founding Scientist of the Zcash Company. Over the years he held research positions at the Institute for Advanced Study at Princeton, Harvard and MIT, and, most recently, was a Professor of CS at Technion, which he left to co-found StarkWare.
Co-Founder, CEO is Uri Kolodny - He has a B.Sc. (Magna cum Laude) in Computer Science from the Hebrew University, and an MBA from MIT Sloan. Uri is a serial entrepreneur, who has co-founded several technology companies, among them OmniGuide (an MIT spinoff developing optical fibers for endoscopic surgery), and Mondria (developer of tools for visualization of big data). Previously, Uri also served as an EIR with two Israeli VC firms, and as an analyst at McKinsey.
StarkNet
StarkNet is a permissionless decentralized Validity-Rollup (also known as a “ZK-Rollup”). It operates as an L2 network over Ethereum, enabling any dApp to achieve unlimited scale for its computation – without compromising Ethereum’s composability and security, thanks to StarkNet’s reliance on the safest and most scalable cryptographic proof system – STARK.
StarkNet Contracts and the StarkNet OS are written in Cairo – supporting the deployment and scaling of any use case, whatever the business logic. While Cairo is the native language for a StarkNet contract that fully optimizes the scaling potential of StarkNet, teams are developing transpilers to Cairo from Solidity and other programming languages. These transpilers will allow for a quick deployment on StarkNet.
StarkWare has it’s own programing language - Cairo is a language for creating STARK-provable programs for general computation. Cairo powers StarkEx, which scales applications on Mainnet (including dYdX, Sorare, Immutable X, and DeversiFi).
Cairo is the native smart contract language for StarkNet, a permissionless decentralized Validity-Rollup. StarkNet uses the Cairo programming language both for its infrastructure and for writing StarkNet contracts.
Cairo has all of those solutions:
An underlying field integer data type called felt is available (along with the uint256 type)
Cairo language is traditionally written once (similar to functional programming languages)
More and more built-in non-deterministic hints are being developed for common computations
Cairo provides full low-level access to low-level primitives
Cairo programming is more challenging and the ecosystem tools are still maturing. But the whole point of scaling Ethereum is to go beyond existing limitations and build better composable applications.
The decentralization of the network has two aspects:
The permissionless layer of Sequencers and Provers ensures that the network will be censorship-resistant.
The usage of STARK-proofs ensures that everyone will be able to verify the full StarkNet chain with low hardware requirements, regardless of the network’s throughput, and without trusting any external entity.
The general idea of decentralization is :
Better ability to expand company—it is important for organizations to constantly explore new opportunities to provide goods and services to its customers.
Increased morale of employees—the success of an organization depends on its ability to obtain, develop, and retain highly motivated employees. Empowering employees to make decisions is one way to help increase employee morale.
Many other benefits provided by the blockchain and personalization of our data.
