Starknet Considers Transition to Layer-1 for Quantum Resistance
- Starknet is contemplating becoming an independent layer-1 blockchain by 2027 to achieve full quantum resistance.
- StarkWare CEO Eli Ben-Sasson emphasized the need for Starknet to control its own security upgrades, rather than relying on Ethereum, which targets post-quantum infrastructure by around 2029.
- The STRK token saw a significant rise, trading at approximately $0.073, marking a more than double increase from its April price of about $0.03.
- Becoming a layer-1 would allow Starknet to secure itself independently, instead of leveraging Ethereum’s security as it currently does as a layer-2 network.
- Quantum computers pose a potential threat to current cryptographic systems, prompting Starknet to consider this strategic shift.
Starknet’s potential transition to an independent blockchain aims at enhancing its security against quantum threats and gaining autonomy over its upgrades, contrasting with Ethereum’s timeline for similar advancements by the end of the decade.
This move could position Starknet as a pioneer in quantum-resistant blockchain technology by targeting earlier implementation compared to Ethereum’s projected timeline of post-2029 infrastructure enhancements. Source