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Ethereum Layer-2 Staking Launches with Starknet

Starknet Launches Ethereum Layer-2 Staking with Bitwise as a Key Validator

  • Starknet introduces a staking program for token holders, offering rewards and network security.
  • Participants can stake directly with 20,000 STRK or delegate smaller amounts with a 21-day lockup.
  • Bitwise emerges as an early validator, leveraging its Ethereum staking expertise.
  • Starknet achieves a milestone of 857 transactions per second, setting a new benchmark.

Starknet’s staking initiative not only empowers token holders but also solidifies its position as a leader in blockchain innovation. By incorporating ZK-STARKs and the Cairo programming language, Starknet showcases the potential of Ethereum layer-2 solutions to handle growing demand efficiently. This partnership with Bitwise marks a pivotal moment in their shared vision of a more transparent and scalable blockchain ecosystem.

Looking ahead, Starknet’s advancements could catalyze further adoption and development of Ethereum layer-2 technologies, promising a more integrated and robust blockchain infrastructure.

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