$STRK is an innovative project to scale Ethereum using zk-SNARKs technology
StrakNet is an innovative project that aims to create a zero-knowledge cryptography system (Zero-Knowledge Succinct Argument of Knowledge, or zk-SNARK) to scale the Ethereum blockchain.
The main goal of the project is to provide faster transactions and reduce gas fees, which are an issue for many Ethereum users.
After listing on Binance on Tuesday, $STRK caused a wild stir, reaching a price of $7 before falling to $1.7.
Does this project have potential?
With a total capitalization of 10 B tokens at a price of $7 dollars, the project will cost $70 B.
For example, the total cost of the Apollo space project from 1960 to 1973 is $25.4 B
My main task as a trader is trading; I won’t expect huge opportunities from $STRK in the future.