Starknet is a Validity-Rollup (aka ZK-Rollup) Layer 2 network that operates on top of Ethereum, enabling dApps to massively scale without compromising on security.It achieves this by bundling transactions into an off-chain computed STARK proof. This proof is then submitted to Ethereum as a single transaction, resulting in significantly higher throughput, faster processing times, and much lower costs, all while retaining the robust security of the Ethereum settlement layer.How Starknet Scales EthereumBlockchains aim to achieve three core attributes: security, decentralization, and scalability. In the blockchain world, a well-known trilemma is that it's possible to achieve only two of these concurrently in a given system, inevitably requiring a compromise on the third. Ethereum places a higher emphasis on security and decentralization, impacting its scalability. Growth in the number of Ethereum users leads to slow transaction speeds and high gas prices, hindering Ethereum’s widespread adoption.How can we make Ethereum scalable without undermining its security and decentralization? This is where the Starknet Validity Rollup comes in. Combining Ethereum and Starknet achieves massive scalability.Starknet achieves scale by shifting transaction processing off the Ethereum Mainnet (what we call off-chain) while retaining a summary of the transactions onchain. Transactions are grouped in batches into blocks, processed off-chain, and then summarized into a single onchain transaction. Since transactions occur off-chain, it's vital to ensure the integrity of the transactions and their execution without having to re-execute them. Starknet addresses this by employing STARK (Scalable, Transparent ARgument of Knowledge) proofs for verifiable computation. Starknet then transmits only essential information about the block and the proof to Ethereum, where it is verified with minimal computational effort.//starknet.io// $STRK $ETH $BTC #Write2Earn #TrendingTopic

Five token unlocks to look out for next weekThe Manta Network will release 6.67 million MANTA tokens to the market on Sunday in a cliff unlock event. These tokens, worth $19.80 million at current rates, will comprise 3.14% of the network’s circulating supply.Fast forward to two days later, on Tuesday, February 20, the dYdX ecosystem will unlock 575,340 DYDX tokens to the market, comprising 0.72% of the circulating supply and worth $1.83 million at current rates. This will also be a cliff unlock.The Avalanche network will unlock 10.24 million AVAX tokens to the market on Thursday, February 22, in a cliff token unlock event. That many tokens are worth $394.55 million at current rates and constitute 2.79% of the project’s circulating supply.There will be another cliff token unlock event on the same day, where the Space ID ecosystem will free 18.49 million ID tokens to the market worth $10.88 million at current rates, comprising 4.29% of the project’s circulating supply.On Friday, the ImmutableX network will see 8.55 million IMX tokens flood markets in a linear unlock event, comprising 0.63% of the gaming project’s circulating supply. This number of tokens is currently worth $26.84 million.Possible scenarios around token unlock eventsThe idea of more tokens coming into the market is typically bearish as it increases the circulating supply.With the current bullish outlook in the market, crypto holders scrutinize all metrics to establish how to make a profit from different projects. Token unlocks could provide an opportunity for perpetual traders to long or short the tokens.The unlocks could spark rallies in the price of the assets, because in certain instances token demand increases, causing buyers to gobble up the tokens during token unlock periods. In this case, an expected token unlock could bolster confidence among the market players, as it leads to liquidity increase and, therefore, works as a demonstration of project longevity.For a bear market situation, however, token unlocks tend to reduce token value. Ahead of the unlocks, investors start shorting the asset due to a combination of growing supply and plummeting demand. This leads to a price slump.It is also possible that a token’s price is not affected during token unlocks particularly when the number of tokens set for unlocking is not enough to disturb the circulating supply of the project. Another possible reason for such an outcome is that the event was already priced in. $MANTA $DYDX $AVAX #Write2Earn _ FXStreet