DeFi Intel

Starknet chain

layer2 · PageRank 0.0306

Also known as: StarkNet

Overview

Starknet is a permissionless Ethereum layer-2 network built by StarkWare, launched in June 2021, on which developers deploy scalable decentralised applications. It uses STARKs — Scalable Transparent ARguments of Knowledge, a form of non-interactive zero-knowledge proof invented and commercialised by StarkWare — to prove the correctness of large batches of transactions succinctly to Ethereum, so the L1 verifies a proof rather than re-executing every transaction. Applications on Starknet are written in Cairo, a Turing-complete programming language created by StarkWare specifically for provable computation. Starknet is the permissionless sibling of StarkEx, StarkWare's earlier proprietary scaling engine that launched on Ethereum in June 2020 and powers dYdX, Sorare and Immutable X. Current Starknet documentation is organised around building applications, running nodes and becoming a validator, and learning the protocol including the S-two prover, and describes the network's scope as spanning both Ethereum and Bitcoin. StarkWare launched StarkEx, its permissioned scaling engine, on Ethereum in June 2020, then launched the permissionless Starknet platform in June 2021. Starknet's tooling has since expanded to node operation and validation, and its documentation now positions the network as serving both Ethereum and Bitcoin.

Within the DeFi Intel graph, Starknet connects to 35 tracked entities, most strongly to Ethereum, USD Coin, Tether USD.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 35 total).

RelationConnected entityConfidence
built_onEthereum99%
deployed_onUSD Coin95%
deployed_onTether USD95%
deployed_onDai95%
developed_byStarkWare95%
launchedStarkWare95%
mentionsStarkWare Researcher Publishes Quantum-Safe Bitcoin Transaction Scheme95%
deployed_onSpiko95%
mentionsStarkWare Cuts Staff and Restructures Into Two Units95%
deployed_onzkLend95%

Frequently asked questions

What is Starknet?

Starknet is a layer2 tracked in the DeFi Intel knowledge graph. It is connected to 35 other tracked entities, most strongly to Ethereum, USD Coin, Tether USD.

What type of entity is Starknet?

Starknet is classified as a layer2 (chain) in the DeFi Intel knowledge graph.

What is Starknet connected to?

In the DeFi Intel knowledge graph, Starknet is linked to 35 other tracked entities, most strongly to Ethereum, USD Coin, Tether USD.

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Sources

Facts on this page were verified against the following sources.