June 23 (Cointime) - StarkWare's new product, Volition, aims to lower Ethereum transaction fees and enable micropayments on the network, potentially increasing crypto adoption in developing economies. Volition also offers new use cases for Ethereum, including on-chain voting governance applications and purchasing in-game assets. By allowing developers to optimize the transaction process through selecting data availability modes for individual storage variables, Volition could significantly reduce transaction fees for small-value transactions. Additionally, Volition provides users with the ability to continue transacting with their assets even if other nodes in the system stop cooperating, potentially reducing gas fees by up to 90%. This feature could be particularly useful for trading on decentralized exchanges while prioritizing security. Volition is expected to launch on Starknet in Q3 2023.
All Comments