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The cryptocurrency community has been intrigued by recent developments on the Ethereum layer-2 protocol Starknet (STRK). Notably, Vitalik Buterin, Ethereum cofounder, has initiated the unlocking of 2.1 million STRK tokens, valued at approximately $858,700, in two rounds.
As major cryptos rebound from fresh multi-week lows, with Bitcoin (BTC) back near $58,000 after dipping briefly as low as the $55,000s earlier on Wednesday, investors are scouring altcoin markets for top crypto performers today that might be able to outperform amidst ongoing market uncertainty.
Vitalik Buterin, co-founder of Ethereum, has increased his STRK holdings. He currently holds over 2.1 million tokens; his recent transaction added over 1.2 million STRK tokens.
Buterin's crypto portfolio is largely dominated by Ether followed by 2.11 million Starknet (STRK) units, worth about $809K.
Amid the heightened fear of further crypto capitulation in the coming weeks, some altcoins, led by Starknet (STRK) are gradually presenting opportunities for long-term investors to make more discounted purchases. The anticipated reversal in Bitcoin (BTC) dominance will accelerate the ongoing crypto cash oration to the altcoins.
The crypto prices today have again sparked severe investor concerns globally. Bitcoin (BTC) price slipped to the $57K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the red territory.
TL;DR Starknet releases version 0.13.2 with two key innovations: parallel execution and block packing. Parallel execution allows processing multiple transactions simultaneously, reducing confirmation times and latency. Block packing optimizes space usage, reducing Layer 1 costs and accelerating transaction confirmation to 2 seconds.
The world of blockchain is constantly evolving, driven by the need to improve scalability, reduce transaction costs, and increase the speed of operations: Starknet, one of the most promising Layer 2 chains, has recently made a significant step forward in this direction with the introduction of parallel execution, a new feature that allows processing
The introduction of parallel execution effectively removes this bottleneck, allowing Starknet to process a greater volume of transactions at once.
Starknet's v0.13.2 upgrade brings faster transactions with parallel execution, redefining Layer 2 scaling on Ethereum.
Starknet has introduced a mechanism called parallel execution to execute multiple transactions simultaneously on its Layer 2 chain.
Ethereum layer-2 scaling solution Starknet unveiled simultaneous transaction processing with the v0.13.2 update. The parallel transaction execution feature is currently on the testnet, and the mainnet release is scheduled a week later.
With parallel execution, Starknet can handle multiple transactions simultaneously.
Ethereum layer-2 scaling solution Starknet has rolled out its parallel execution feature on testnet, anticipating mainnet launch in a few weeks.
TL;DR Starknet will launch STRK staking, introducing a new security mechanism and a community voting system on the mainnet. STRK staking, which requires at least 20,000 STRK or token delegation, will be subject to a 21-day lockup period.
Starknet proposes STRK staking as the first item on the network's inaugural community voting system.
Starknet ecosystem, an Ethereum layer-2 scaling solution, has announced the introduction of STRK staking, an anticipated update to its governance structure.
Starknet's inaugural staking vote introduces mechanisms for minting and parameter adjustments, paving the way for staking by October 2024.
Starknet announces its first mainnet vote for STRK holders, which is set to introduce staking with a potential launch in October.
Starknet will let STRK holders vote on adding a STRK staking function to its mainnet for the first time.
Starknet is the secure scaling technology bringing Ethereums benefits to the world. Starknet is a permissionless validity rollup, also known as a zero-knowledge rollup (ZK rollup) for Ethereum.
Ethereum layer-2 network Starknet (STRK) has struggled since its token launch in February. This issue is one reason only 8% of STRK holders are in profit.
Starknet, a Layer 2 scaling solution for Ethereum, is now integrated with Dune Analytics, enhancing data accessibility.
The Starknet Foundation has announced the resignation of Diego Oliva, its first CEO, who has served since March 2023.
