Demex Daily #203: Vitalik Buterin Unveils Circle STARKs for Enhanced Blockchain Efficiency and Security

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Ethereum co-founder Vitalik Buterin has introduced Circle STARKs, a new cryptographic protocol designed to enhance blockchain security and efficiency using small-field cryptography. Traditional STARKs operate on 256-bit fields, which are secure but inefficient. Circle STARKs, however, utilize smaller fields like Mersenne31, which significantly boost proving speeds and reduce computational costs, achieving up to 620,000 Poseidon2 hashes per second on standard laptops. This method introduces a higher level of security by employing multiple random checks and extension fields to increase the difficulty for potential attackers. Additionally, Circle STARKs incorporate a new approach, Circle FRI, to ensure the cryptographic integrity of the process, making them a versatile and efficient solution for blockchain technologies.

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The Sui Foundation has announced the integration of Amazon Web Services (AWS) Blockchain Node Runners into the Sui blockchain, enabling developers to easily set up and manage Sui full nodes within AWS's robust cloud infrastructure. This partnership enhances node deployment with features such as high availability, scalability, and ease of monitoring, supported by AWS’s technical capabilities and global infrastructure. AWS also offers deployment templates and open-source deployment code on GitHub, integrated with its Well-Architected Framework. Navi, a major liquidity provider on Sui, has already deployed its first node using this service. Additionally, developers and startups using this service on Sui may receive up to $5,000 in AWS Activate credits and gain access to the AWS Web3 Provider program, further supporting their development efforts on the blockchain.