In the era of blockchain technology, there has been a notable rise in computational systems that prioritize transparency and accountability. However, these systems often face challenges in balancing decentralization, scalability, and security—a dilemma known as the "Blockchain Trilemma," as articulated by Vitalik Buterin. StarkNet, a novel solution, aims to address this trilemma by providing a fully accountable, decentralized, scalable, and secure system. Positioned as a layer 2 network built on top of Ethereum, StarkNet enables any decentralized application (dApp) to achieve extensive computational scalability while retaining the composability and security levels associated with Ethereum. This is made possible through its utilization of STARK, a highly secure and scalable cryptographic proof system. StarkNet, developed by StarkWare in Israel, operates as a layer 2 Validity Rollup for Ethereum. It distinguishes itself with high throughput and cost-effective transactions, al...
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