Starknet is a Layer-2 scaling solution for Ethereum that uses zero-knowledge (ZK) proofs to achieve significant scalability and cost reductions. ZK proofs allow Starknet to prove the validity of transactions without revealing the underlying data, which makes it much more efficient than traditional blockchain processing. Starknet is a general-purpose Layer-2 solution, meaning that it can be used to build any type of decentralized application (DApp). This includes everything from decentralized exchanges (DEXs) to lending protocols to non-fungible token (NFT) marketplaces. How Starknet Works Starknet works by bundling thousands of transactions together into a single batch called a “Stark.” The Stark is then processed off-chain using ZK proofs. Once the Stark is processed, a single ZK proof is submitted to the Ethereum mainnet as evidence of the validity of all of the transactions in the batch. This process allows Starknet to achieve significant scalability and cost reductions. For e...
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