Page 1 of 1

What is Starknet (STRK)?

Posted: Sun Apr 06, 2025 9:40 am
by arzina221
Blockchain technology continues to bring various innovations to the world of decentralized finance and cryptocurrency. One of these innovations is Starknet . Starknet, which has protocols that work on the Ethereum network, offers innovative solutions to scalable problems on this network. It basically allows users to perform faster and lower-cost transactions. With Starknet, which is an important part of the decentralized finance world, you can easily handle the work in the world of cryptocurrency. So what is Starknet , how does it work, when was it founded, you can find answers to such questions and more in this article.

How Does Starknet Work?
Features of Starknet
Frequently Asked Questions About buy bulk sms service Starknet (STRK)
Where to buy STRK tokens?
What are the usage areas of STRK coin?
Is Starknet mining possible?
What is the total supply of Starknet?
About Starknet (STRK): What is it and when was it founded?
Starknet is also known as STRK for short. Starknet and Starknet token , which started to exist in the cryptocurrency market in 2018, are being developed as a blockchain project by Starkware Industries under the leadership of Eli Ben-Sasson, Uri Kolodny, Michael Riabzev and Alessandro Chiesa. This project is known as the Layer-2 network known as Validity-Rollup or otherwise known as ZK-Rollup (Zero Knowledge Rollups) running on the Ethereum network. STRK, also known as the governance token on the Ethereum network and Layer-2, is also the abbreviation of the Starknet project. The Layer-2 network is an Ethereum-based network and provides high-level scalability against decentralized applications with its innovative rollup technology. While Layer-2 offers various solutions, it also stands out with its aim to speed up transactions and reduce costs. The Starknet network takes dozens of transactions made within the network off-chain by taking advantage of Zero Knowledge Rollups. This allows it to be collected as a single transaction on the Ethereum blockchain, which acts as the main network. With this process, it helps transactions with high transaction volumes on the Ethereum blockchain to become more efficient on the blockchain by minimizing or solving problems experienced within the network and making them accessible to a wide audience.