Starknet (STRK) Price

Starknet: The Most Advantageous Narrative for Ethereum Layer 2

Starknet is an Ethereum Layer 2 network developed by the Israeli company Starkware. What sets Starknet apart from other Ethereum Layer 2 solutions is its use of the Cairo programming environment instead of Ethereum's Solidity. Unlike Solidity, Cairo is optimized for Proof of Stake (POS), offering better decentralization and faster speed. Starknet is also the first public chain on the Ethereum network to adopt ZK-Rollup.

ZK-Rollup is faster and more secure than traditional Optimistic Rollup (OP-Rollup). Vitalik Buterin once said, "ZK-Rollup will win the ultimate victory in Ethereum Layer 2," underscoring the importance of ZK-Rollup in Ethereum Layer 2 networks.

Being a ZK-Rollup makes Starknet's narrative even more valuable.

ZK-Rollup VS Op-Rollup

Rollup mainly occurs during the process of bundling data and sending it to the Ethereum mainnet, verifying the accuracy of the data.

In Op-Rollup, after the data is bundled, it enters a waiting period. If no one questions the accuracy of the data during this period, it is considered accurate and then bundled and sent.

The mathematical algorithms of ZK-Rollup are very complex. In simple terms, the verification process involves proving to the verifier that the data is accurate without revealing any actual data.

Therefore, ZK-Rollup offers higher security and faster speed.

In addition, Starknet's Cairo allows developers to have greater flexibility in developing their projects, including Layer 0, Layer 3, and modularity. These all utilize zero-knowledge proof technology. This shows that Starknet has enormous development potential.

The biggest challenge of Starknet is also its Cairo programming, which has a long learning curve, almost requiring a fresh start in learning. Additionally, due to the different programming environments, Starknet can only be used with Starknet's own wallet Argent, as well as the latest supported Brave wallet.