Eli Ben-Sasson is the Co-founder, President, and Chairman of StarkWare Industries Ltd., the developer of the permissionless Validity-Rollup (ZK-Rollup) Layer 2 network operating on Ethereum, Starknet. ^[1][2][3]

Education

Eli Ben-Sasson attended the Hebrew University of Jerusalem from 1993 to 2001 for a Doctor of Philosophy (Ph.D.), in Computer Science. ^[2]

Career

Eli Ben-Sasson started his career in 2001 as a Postdoctoral Researcher at the Massachusetts Institute of Technology (MIT). In 2005 he was a Visiting Assistant Professor at TTI Chicago. He served as a Professor at Technion - Israel Institute of Technology from 2010 to 2018. ^[4]

Eli Ben-Sasson is a Founding Scientist at Electric Coin Company (aka Zcash Co.)^[5] which was founded in October 2016. Electric Coin Co. builds and supports technology to provide people with access to a fair and open currency globally. They are the inventors of Zcash. ^[2]

StarkWare

In March 2018, Eli Ben-Sasson co-founded StarkWare^[7] alongside Uri Kolodny, Michael Riabzev, and Alessandro Chiesa. He served as Chief Scientist (East) until January 2020 when he moved to the role of President & Chairman of the Board. ^[2][6]

In January 2024, he was appointed the company's Chief Executive Officer (CEO) following the resignation of Uri Kolodny from the role. ^[8]

StarkWare Industries Ltd. is a blockchain technology company based in Israel, focusing on developing ZK-Rollup technology and building products to solve the challenges of the Ethereum network. Besides the technology infrastructure, Its main two products are StarkEx and StarkNet. ^[6]

In May 2022, StarkWare’s estimated value was $8 billion, an increase from $2 billion six months earlier, echoing the implementation of its ecosystems which range from digital asset trading solutions to NFT minting and deployment. ^[10]

On where Eli sees the company and its community in the future 2028, he says:

"My hope for 2028; number wise I have no doubt that this is gonna really explode which is good but at the end of the day blockchain is a technology that enables social functions, social goods so I would really love to see Starknet blossoming into this layer that is dominated not by the developers but by people who are socially active and socially aware and want to take it a step further for the betterment of society"^[11]

StarkEx

StarkEx is the Validium L2 scaling engine on Ethereum mainnet that is modified (tailored) to fit specific permissioned Dapps, used for projects to deploy their ideas (mostly for trading use cases) dYdX, ImmutableX, DeversiFi, and many other partners. This Specific L2 is where most protocols are built on, generating real trading volume and conducting transactions. ^[9]

Starknet

Starknet is built based on STARK as the decentralized L2 Zk-rollup. The layer is responsible for executing transactions while scaling without the security sacrifice of Ethereum. STARK developers can write smart contracts and run them permissionlessly on Starknet. Starknet aims to achieve secure low-cost transactions and high performance by using the STARK cryptographic proof system. Starknet contracts and the Starknet OS are written in Cairo, a custom-built and specialized programming language. ^[3]

STRK Token

The Starknet token ($STRK) is used for paying fees to enable the operation of the Starknet network, maintaining and securing the network by enabling staking for consensus and deciding on Starknet’s values and technology goals by voting for governance proposals. ^[3]