About Starknet (STRK): What is it and when was it founded?
Posted: Sun Apr 06, 2025 9:40 am
How Does Starknet Work?
Built on the Ethereum network, Starknet allows its users to reduce the problems they encounter by speeding up their transactions. It uses a cryptographic technology called zk-STARK to do this. The acronym of zk-STARK is “Zero-Knowledge Scalable Transparent Argument of Knowledge” and its Turkish meaning is “Zero Knowledge Scalable Transparent Information Argument”. This technology ensures that the transactions are kept confidential while also ensuring that they can be verified securely. Thus, the transaction volume is greatly increased and costs are reduced. zk-STARKs are a powerful way to verify the integrity of calculations outside the blockchain. The basis of zk-STARK, which is included in the Starknet working principle, is to produce proofs with a simple and transparent calculation integrity. Thus, off-chain services are carried out appropriately without burdening the Ethereum network. buy bulk sms service Once the calculations are completed, a single zk-STARK proof is created and published on the blockchain to confirm the accuracy of the calculations. Thus, zk-STARK ensures that the process within the Starknet network is managed in a secure and integrated manner without creating too much load on the Ethereum network. This increases the scalability of the network and can become an important element within the Web3 ecosystem.
Features of Starknet
Starknet is among the prominent tokens in Turkey. There are several features that make this token so special.
Tokens on the Ethereum network can sometimes incur high transaction fees due to the density of the network. Starknet prevents this with Layer-2 solutions. With zk-STARK technology, it facilitates sending to the Ethereum network by processing tens of thousands of transactions as a single transaction. Thus, it also reduces the burden on the network and reduces the excess costs.
Built on the Ethereum network, Starknet allows its users to reduce the problems they encounter by speeding up their transactions. It uses a cryptographic technology called zk-STARK to do this. The acronym of zk-STARK is “Zero-Knowledge Scalable Transparent Argument of Knowledge” and its Turkish meaning is “Zero Knowledge Scalable Transparent Information Argument”. This technology ensures that the transactions are kept confidential while also ensuring that they can be verified securely. Thus, the transaction volume is greatly increased and costs are reduced. zk-STARKs are a powerful way to verify the integrity of calculations outside the blockchain. The basis of zk-STARK, which is included in the Starknet working principle, is to produce proofs with a simple and transparent calculation integrity. Thus, off-chain services are carried out appropriately without burdening the Ethereum network. buy bulk sms service Once the calculations are completed, a single zk-STARK proof is created and published on the blockchain to confirm the accuracy of the calculations. Thus, zk-STARK ensures that the process within the Starknet network is managed in a secure and integrated manner without creating too much load on the Ethereum network. This increases the scalability of the network and can become an important element within the Web3 ecosystem.
Features of Starknet
Starknet is among the prominent tokens in Turkey. There are several features that make this token so special.
Tokens on the Ethereum network can sometimes incur high transaction fees due to the density of the network. Starknet prevents this with Layer-2 solutions. With zk-STARK technology, it facilitates sending to the Ethereum network by processing tens of thousands of transactions as a single transaction. Thus, it also reduces the burden on the network and reduces the excess costs.