Starknet is a Layer 2 scaling solution that uses STARK proofs to enhance transaction speed and decrease costs. The article examines the main characteristics and operational mechanisms of Starknet.
What Are STARKs?
STARKs, short for Scalable Transparent Arguments of Knowledge, are cryptographic proofs that verify the correctness of computations without repeating them. In Starknet, STARKs confirm that off-chain transactions were processed accurately before sending a compact proof back to Ethereum.
How Starknet Works?
Starknet reduces Ethereum's load by moving most transaction processing off-chain. Instead of recording every transaction on Ethereum, Starknet processes them separately and produces a STARK proof to mathematically confirm all steps were correct. This proof and state updates are then sent to Ethereum for final verification.
Key Features of Starknet
Starknet is built around the Cairo programming language and supports account abstraction. This enables the creation of Web3 applications with user experiences closer to Web2. Starknet uses validity proofs, which allows for faster finality and stronger cryptographic guarantees.
Starknet takes a unique approach to Ethereum scaling, relying on STARK proofs. With a focus on improving throughput and lowering costs, it opens new possibilities for developers across various fields.
