Key Highlights

• Starknet is a layer-2 scaling solution in the form of a zk-Rollup for Ethereum that aims to significantly improve scalability and reduce transaction costs on the network.
• It utilizes zero-knowledge (STARK) proofs to enable efficient and secure off-chain transactions, allowing for complex computations to be performed off the Eth mainnet.
• Starknet supports general purpose smart contracts, providing developers with a familiar programming environment while benefiting from the scalability advantages of the layer-2 solution.
• It offers a high throughput and low transaction fees, making it suitable for decentralized applications (dApps) and Web3 ecosystems that require fast and cost-effective transactions.
• Starknet is working on being compatible with existing Ethereum tools and infrastructure to make it easier for developers to integrate and migrate their projects to the layer-2 solution.