Name : Starknet (STRK)
STRK Price : $1.324 -3.53%
Consensus Mechanism : Proof of Stake
Volume: 153,586,806
Market Cap: 963,549,576
Shariah Judgement
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Last Screening: Q1 2024
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Overview
Starknet is a revolutionary Validity-Rollup Layer 2 network built atop Ethereum, offering unparalleled scalability without compromising security or decentralization. Leveraging STARK technology, Starknet bundles transactions into off-chain computed proofs, submitted to Ethereum as a single transaction, enabling higher throughput, faster processing, and lower costs. Operating as a permissionless, zero-knowledge rollup, Starknet facilitates massive scaling for dApps while retaining Ethereum's composability and security. Its core components include Cairo, a specialized programming language, and StarkEx, powering scalable trading and payments. With Starknet, developers can deploy business logic efficiently, benefiting from Ethereum-level composability and the robustness of ZK-STARKs.
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