The company, which is valued at around $8 billion, developed a “proof system based on cryptography and modern algebra,” in order to protect against crypto fraud plaguing the industry. The infrastructure improvements can be applied to NFTs, gaming, exchanges, governance and voting.
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StarkWare Shows Off 'Uncheatable' Blockchain Tech at TelAviv Gathering
StarkWare, an Israeli fintech startup, plans to develop what it is calling an “uncheatable” blockchain technology available for mass use. So reports the Times of Israel.
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