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STAKE TOKEN
Starknet
Starknet is a Layer 2 scalability solution built on Ethereum, leveraging zk-rollups to enable faster and cheaper transactions while maintaining Ethereum's security. By using zero-knowledge proofs, StarkNet processes large amounts of data off-chain and batches them for submission to the Ethereum mainnet, significantly improving scalability.
APR --
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Delegation Amount
640
$0.00
Daily Earnings
0
$0.00
Monthly Earnings
0
$0.00
Yearly Earnings
0
$0.00
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Starknet is a Layer 2 scalability solution built on Ethereum, using zk-rollups to process transactions off-chain and batch them for submission to the Ethereum mainnet. This increases scalability while maintaining security.
Starknet uses zk-rollups, a technology that aggregates multiple transactions into a single batch, reducing the data required to be processed on the Ethereum mainnet, resulting in faster and cheaper transactions.
zk-rollups are a Layer 2 scaling solution that uses zero-knowledge proofs to bundle many transactions together, verifying them in batches on the Ethereum blockchain. This reduces congestion and increases throughput without sacrificing security.
Yes, Starknet is designed for developers to create decentralized applications (dApps) that are scalable, secure, and cost-effective. It supports smart contracts written in Solidity and Cairo, StarkNet's native language.
Starknet uses a proof-of-stake (PoS) consensus mechanism for its validators, ensuring the security of the network while allowing for decentralized participation.
Starknet inherits the security of Ethereum by using zk-rollups, where transactions are validated on Ethereum's mainnet. It also benefits from Ethereum’s decentralized network of miners and validators, ensuring trustlessness and integrity.