Stark Ware Just Dropped Game Changing Innovation

The cryptocurrency, blockchain and DeFi sector is constantly evolving with the addition of all kinds of new and innovative technologies, projects and protocols. However, there is one that everyone should be keeping an eye on and that is StarkNet.

StarkNet is a decentralized permissionless ZK-Rollup. It runs as an L2 (Layer-2) network over Ethereum (ETH), allowing any dApp (decentralized application) to attain unlimited scale regarding its respective computation, all without jeopardising Ethereum&39s safety or composability.

What makes StarkNet so special?

One of the most recurring problems within this industry is that of scalability. StarkNet promotes scale while maintaining L1 (Layer-1) Ethereum security via the creation of STARK proofs off-chain, after which it would then subsequently confirm the proofs on-chain. In this way, StarkNet offers composability near the level of Ethereum itself, allowing for simple and straightforward development as well as innovation.

Simply put, through the intuitive usage of StarkNet Contracts, developers will hence be provided with the ability to quickly deploy any business logic on StarkNet. To that end, StarkNet Alpha is now live on the mainnet, through which the developers can take it one step further and implement the aforementioned business logic of preference in a smart contract, after which it would be a simple matter of permissionless deployment on StarkNet.

Achievements

There are various milestones that StarkNet has already managed to achieve, with numerous more expected to be accomplished before long. As of right now, the smart contracts all support general computation, and they can even interact with one another too, which will reportedly enable further composability. Furthermore, L1 to L2 interoperability has been added, and complete Layer-1 security has been administered via on-chain data (Rollup).

In terms of future goals, the project shall be adding a Solidity to Cairo Compiler as well as StarkNet full nodes soon. There shall also be a wide range of data availability solutions which shall be offered, and a permissionless Sequencer and Prover is in the works too.

Lastly, in terms of its ecosystem, there is a wide array of useful educational resources available (where you can actually learn how to write and deploy your very own StarkNet contract), in addition to all kinds of innovative tools such as StarkNet JS, Devnet, Cairo Docker, Cairo Playground, Voyager Block Explorer, Warp EVM Transpiler, and more. Finally, it has a supportive and active community and the team is also usually quite active on Discord.