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Starknet

Starknet

STRK
#140
$0.02686Down 9.61 percent($0.00)

Key Stats

Market Cap$192.91MDown 9.61 percent
Volume (24h)$12.19M
Fully Diluted Value$273.05M
Vol/Mkt Cap (24h)6.32%
Total Supply10.17B STRK
Max Supply∞
Circulating Supply7.18B STRK
Launch Date2021-11-16

Starknet Information

Websites
www.starknet.io
Block Explorers
starkscan.co
Supported Standards
ERC-20
Industries
Platform

Starknet Price Converter

StarknetSTRK
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Latest Starknet News

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Privacy Coin Bid Continues as Zcash Rally Lifts ‘Dino’ Sector; Starknet’s STRK Rockets 40%
Positive

Privacy Coin Bid Continues as Zcash Rally Lifts ‘Dino’ Sector; Starknet’s STRK Rockets 40%

Positive

Robinhood Lists Strategy’s Preferred Stocks Including STRC — and Why This Matters for Bitcoin

Positive

Strategy Aims to Raise Another $500M for Bitcoin Buys With New Preferred Series

Positive

Michael Saylor's Strategy Adds 4,225 Bitcoin, Bringing BTC Stack to 601,550

Starknet Markets

View all
InstrumentExchangeBenchmark DataPrice24h Change
StarknetUSDT logo
STRK-USDT
STRKUSDT
binance logobinance
AA
0.02692USDT
-9.57%
StarknetUSDT logo
STRK-USDT
STRK-USDT
okex logookex
A
0.02693USDT
-9.57%
StarknetUSDT logo
STRK-USDT
STRK_USDT
whitebit logowhitebit
BB
0.02692USDT
-9.48%
StarknetUSDT logo
STRK-USDT
STRKUSDT
bybit logobybit
A
0.02685USDT
-9.75%
StarknetTRY logo
STRK-TRY
STRKTRY
binance logobinance
AA
1.31TRY
-9.56%

About Starknet

Starknet (STRK) is a Layer 2 validity rollup that settles on Ethereum and uses STARK proofs to verify state changes. It processes transactions outside Ethereum to increase throughput and reduce costs. STRK is Starknet’s native token and is used to pay transaction fees, participate in staking and take part in governance. Starknet was developed by StarkWare, founded in 2018 by Eli Ben-Sasson, Alessandro Chiesa, Michael Riabzev and Uri Kolodny.

Frequently Asked Questions

Starknet is a permissionless Layer 2 validity rollup that settles transactions on Ethereum. It processes transactions outside Ethereum and uses STARK validity proofs to prove that changes to the network's state were computed correctly. These proofs are verified on Ethereum, allowing Starknet to process more transactions while reducing the amount of computation that needs to take place directly on Ethereum.

STRK is Starknet's native token. It forms part of the network's fee, staking and governance mechanisms. Transaction fees on Starknet are paid in STRK.

Starknet provides an execution environment for applications that require more transaction capacity and lower fees than executing each transaction directly on Ethereum. Developers can deploy smart contracts on Starknet using Cairo, while transaction batches are backed by STARK proofs and settled on Ethereum.

STRK is used to pay transaction fees, participate in staking and take part in Starknet governance. Validators can stake STRK and attest to blocks, while token holders can participate directly or through delegation in governance decisions concerning the protocol. Starknet is gradually expanding validator responsibilities as part of its move towards more decentralised network operation.

Starknet was developed by StarkWare, which was founded in 2018 by Eli Ben-Sasson, Alessandro Chiesa, Michael Riabzev and Uri Kolodny. StarkWare develops blockchain systems based on STARK proofs, including Starknet and StarkEx.

Eli Ben-Sasson is a co-inventor of the STARK, FRI and Zerocash protocols and was a Founding Scientist of Zcash.