Cryptocurrency Q&A
What is Starknet token?
What is Starknet token?
CryptoQueen
Thu Nov 14 2024
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6 answers
1285
Starknet token, known as STRK, is the native utility token of the Starknet platform. It aims to facilitate scalability and efficiency for decentralized applications. With a total initial supply of 100 billion tokens, STRK serves multiple purposes including governance, incentives, and transactional utility within the Starknet ecosystem.
6 answers
charlotte_wright_coder
Sat Nov 16 2024
Despite the reduction in data size, Starknet ensures that the integrity of the transaction data remains intact.
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Daniele
Sat Nov 16 2024
Starknet functions as a Layer 2 (L2) network built upon the Ethereum blockchain.
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Maria
Sat Nov 16 2024
This method allows Starknet to provide transactions that are both secure and less expensive compared to those on the Ethereum mainnet.
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EchoChaser
Sat Nov 16 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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GangnamGlitzGlamourGloryDays
Sat Nov 16 2024
By leveraging the STARK cryptographic proof system, Starknet manages to accomplish secure and cost-effective transactions.
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