What is STRK?

Starknet is a decentralized L2 protocol based on ZK-Rollup technology, an ultra-secure mechanism whereby inputs used by off-chain provers are not exposed on the blockchain. It is based on a highly scalable cryptographic proof system called STARK, enabling dapps to achieve unlimited scale without compromising Ethereum’s composability and security.

StarkNet is L2 compatible with Ethereum at the language level. As a member of ZKR in L2, StarkNet's performance in terms of tps and gas far exceeds that of OPRs such as Optimism and Arbitrum.

Project highlights:

In the Layer 2 field, StarkNet is ranked as the four kings along with Arbitrum, Optimism, and zkSync. Compared with Arbitrum and Optimism, StarkNet uses zk-Rollup, which can complete the packaging transaction without knowing who the verifier is. At the same time, there is no need for a seven-day waiting period when transferring assets across chains.

StarkNet takes into account both privacy and scalability, especially the privacy and data security aspects of protecting users' transaction information, which is lacking in most Layer 2 expansion solutions today. Compared with zkSync in the same camp, zkSync uses zk-SNARKs as a zero-knowledge proof system, which is smaller and consumes less gas; while Starknet uses zk-STARKs, which has higher transparency and security. StarNet is an Efficient-enabled (aka ZK-enabled) layer 2 network that runs on top of Ethereum, allowing DAP to scale at scale without compromising security.

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