Ethereum layer 2 scaling protocol Starknet will begin distributing its native network token on Feb. 20, with 700 million STRK tokens allocated across nine different recipient categories.
Ethereum layer 2 scaling protocol Starknet will begin distributing its native network token on Feb. 20, with Ethereum stakers among the recipients of STRK tokens.
Information shared with Cointelegraph highlights that around 1.3 million wallets will be eligible to claim Starknet’s native token, including those of Ethereum solo and liquid stakers, Starknet developers and users as well as projects and developers from outside the Web3 ecosystem.
Starknet is among Ethereum’s major L2s that pioneered zero-knowledge rollup (ZK-rollups) technology. The protocol allows transactions and smart contract functions to be processed off-chain, with cryptographic proofs submitted to Ethereum to access the security guarantees of its underlying blockchain.
