StarkNet is a secure scalability technology that brings the benefits of Ethereum to the world. By validating off-chain transactions with advanced mathematics and encryption, StarkNet overcomes Ethereum's scalability limitations. It is a Validity Rollup that offers unlimited scale while maintaining the security and decentralization of Ethereum.
Superior UX
StarkNet provides efficient and user-friendly experiences by employing Native Account Abstraction. All accounts are smart accounts, with their behavior determined by developers rather than at the protocol level. This results in unparalleled flexibility in account management.
Growing Ecosystem
The meteoric rise of StarkNet as a blockchain ecosystem is fueled by its passionate community of developers, users, and partners. With the StarkNet Stack evolving at a surprising pace, this vibrant collective has developed the most decentralized Rollup Stack, enhancing network security, censorship resistance, resilience, and transparency. The main StarkNet network was launched in November 2023.
Unleashed Creativity
StarkNet developers are empowered to code solutions that make a difference. Cairo, StarkNet's native smart contract language, allows developers to push the boundaries of their applications, enabling them to code any type of business logic.
Partnerships
StarkNet has established strategic partnerships with various entities to accelerate ecosystem growth. One such partnership is with Chainlink Labs, aiding in building the industry-standard Web3 service platform. Additionally, Metamask has announced a partnership with StarkWare, making it the first zk-L2 supported by the popular Web2 portfolio.
Team
The team behind StarkNet is StarkWare, a company based in Israel. StarkWare is committed to providing StarkNet users with a seamless and predictable network experience, regardless of congestion levels.
Tokenomics
The StarkNet token (STRK) plays a crucial role in the StarkNet ecosystem. The token will be required for governance, transaction fee payments on StarkNet, and participation in the StarkNet consensus mechanism.
The main StarkNet network was launched in November 2023.
Current Developments
StarkNet is currently focused on improving performance and user experience. The v0.12.0 version of StarkNet, incorporating significant throughput and latency improvements, is expected to be released soon. Additionally, StarkNet plans to reduce L1 costs with EIP-4844 and expedite transaction finality with the introduction of a fee market.
Project Links:
Website: starknet.io
Twitter: twitter.com/Starknet
Discord: discord.com/invite/qypnmzkhbc
Medium: medium.com/starkware/starknet/home
Cryptorank: cryptorank.io/price/starknet
Nothing here is an investment recommendation, always do your own analysis.
Be aware that investing in financial markets carries serious risks of losing your capital!
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