YamFinance and UMAProtocol launch synthetic BTC assets

According to the press release, StarkWare, a research and development university, announced that its two-phase ZK Rollup "StarkNet" solution is now available. STARK-based software team. Additionally, with StarkEx, machine expansion and build stages 1-3 should continue later. Among them, phase 1 supports the single application rollup "once the application rollup" which allows developers to create and submit their own applications can be used through StarkNet, while phase 2 supports multiple multi-app rollup application rollups that support: do. Running and accessing multiple applications on the same StarkNet sample can enable the integration of different applications and reduce fuel costs. StarkWare plans to launch Phase 1 in the coming months and enter Phases 2 and 3 before the end of 2021. StarkNet, developed by StarkWare, is a distributed two-tier ZK rollup powered by STARK that supports countdown full Ethereum.