What is Starknet Token

Article Summary, Automatically Generated By AI

Summary of StarkNet

  • StarkNet is a permissionless decentralized Validity-Rollup (ZK-Rollup) operating as an L2 network over Ethereum.
  • Enables unlimited scale for computation without compromising Ethereum’s composability and security.
  • Relies on STARK, the safest and most scalable cryptographic proof system.
  • StarkNet Contracts and OS are written in Cairo, supporting deployment and scaling of any use case.

Introducing Starknet: A Revolutionary Platform

StarkNet is a decentralized, permissionless Validity-Rollup, commonly referred to as a “ZK-Rollup”. Operating as a Layer 2 (L2) network atop Ethereum, it empowers any decentralized application (dApp) to achieve limitless scalability for its computational capabilities, all while maintaining Ethereum’s hallmark composability and security, courtesy of StarkNet’s reliance on the most secure and scalable cryptographic proof system – STARK.

StarkNet Contracts and the StarkNet OS are crafted in Cairo, thereby facilitating the seamless deployment and scaling of diverse use cases, regardless of their underlying business logic.

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