Starknet

Definition ∞ Starknet is a decentralized, permissionless scaling solution for smart contracts. It operates as a Layer-2 network that utilizes zero-knowledge proofs to achieve high transaction throughput and low fees. Its architecture is designed to support general-purpose computation on the Ethereum blockchain.
Context ∞ Starknet’s ongoing development and ecosystem growth are frequently highlighted in industry news, particularly concerning its adoption by decentralized applications and its native tokenomics. Debates often surround its competitive positioning against other Layer-2 solutions, its developer tooling, and its roadmap for decentralization. The progression of Starknet’s technology is a key indicator for the future of scalable smart contract platforms.