Oooff, we just casually, unintentionally dropped a random photo. Not really sure what it is. Can anybody take a guess? If you guess right, we might drop some more 🫢🫢🫢🐺
#Starknet#STRK#DeFi@StarknetFndn @WPLSTARK @StarkWareLtd
It's time to bring the fox to your dApps 🫵
With MetaMask support for StarknetKit, you can now integrate @MetaMask into your app with just one line of code.
Don't wait dev brothers.
STRK staking phase 1 is now live on Mainnet!
This marks a major milestone, as Starknet is officially the first L2 to introduce staking directly on its layer. The ultimate goal is to transform it into a fully decentralized PoS network over time, entirely owned and secured by the community.
If you want to join this initial phase, you can now participate as either a Validator or a Delegator.
Starknet: an extension of Ethereum.
Delivering over 100x gas fee reduction for users, faster transactions, and an innovative environment for developers and projects.
Powered by STARK proofs, for the win of the entire Ethereum community.
Just 2 weeks to go until the launch of STRK staking on Mainnet.
This will mark the first phase of a four-step plan (this plan may change) to transform Starknet into a fully decentralized PoS network.
Get ready future validators and delegators 🫡
Starknet as a high-performance, secure, and decentralized network.
Great things take time, but staking directly on L2 is now a reality.
The first phase is coming on Mainnet in a few weeks.
Bolt bullposting is good
from over 15sec tx time to just 2sec
Check out the great Bolt website (by @designerbmd 👑) for a quick rundown of this game-changing upgrade:
https://t.co/xWVCZolpIX
2-second txs are here 🔥
Parallel Execution and Block Packing are now live on Starknet mainnet!
With higher TPS capacity, more frequent blocks and faster tx confirmation time, Starknet is now smoother than ever.
https://t.co/x7oPTYByB4
Starknet v0.13.2 is coming on Mainnet tomorrow ⚡
Why is this a big anon?
Because this upgrade introduces two major features to Starknet:
1⃣ Parallel Execution
Right now, Starknet and most blockchains process transactions sequentially, meaning each transaction is handled one by one, with every transaction waiting its turn in a queue. Slow and inefficient af.
Parallel execution changes the game. By processing transactions simultaneously, Starknet can now execute multiple transactions at the exact same time, without waiting for each one to be completed individually.
Okay… but how? Very very simple 🤓
Unrelated transactions can be executed simultaneously because they don’t interfere with each other. For example, Alice swaps STRK/USDC on AVNU, Bob mints an NFT on Flex, and Chad transfers USDC to Stency—all happened without impacting one another’s actions.
Before Starknet v0.13.2, each of these transactions were executed one after the other. With v0.13.2, they’re processed in parallel (at the same time), boosting Starknet’s speed and capacity for you, users and developers 🫵
2⃣ Block Packing
Before v0.13.2, Starknet faced a tradeoff between:
💠 More frequent blocks, which meant higher costs
💠 Lower costs, which meant less frequent blocks
This situation happens because each Starknet L2 block has a fixed L1 cost. So, more L2 blocks meant more L1 costs. Yeah, completely rekt
But that’s no longer the case with Block Packing, thanks to a new data structure called SNAR tree 🍃
In these trees, each leaf is a Starknet block. These leaves are continuously merged at each level of the tree until we get to the root, which represents the merged state transitions of all the blocks. This root is then sent to SHARP (our shared prover), which creates a STARK proof and sends it to Ethereum for verification.
TL;DR: Block Packing solves the tradeoff, letting us have the best of both worlds: increase L2 blocks without adding extra L1 costs!!
The impact of these upgrades on Starknet?
💠 TPS capacity jumps from around 80 to over 250 (you can currently see on Testnet the TPS capacity of it)
💠 Transaction times are reduced to 2 seconds for most transactions
You can enjoy these features on Testnet now, and see you on Mainnet tomorrow! 🫡