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Starknet Moves Toward Post-Quantum Layer 1 as Voters Back Ethereum Split
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Starknet is taking its first formal steps toward potentially becoming an independent, quantum-resistant Layer 1 blockchain, following a community vote that overwhelmingly supported researching a departure from its current role as an Ethereum Layer 2 network.
Key facts
- The price of STRK tumbled on Thursday following the vote, recently down about 14% in the past 24 hours at a price near $0.054
- The token is down nearly 99% since peaking at $4.41 in Feb. 2024
- The Starknet Foundation announced Thursday that 93.52% of voting power supported exploring the transition in a non-binding governance poll that concluded Oct. 22
- Starknet is taking its first formal steps toward potentially becoming an independent, quantum-resistant Layer 1 blockchain, following a community vote that overwhelmingly supported researching
Summary
Starknet community backs Layer 1 exploration: 93.52% voted to research transitioning from an Ethereum Layer 2 to a standalone blockchain. Starknet aims to eliminate Ethereum dependencies and strengthen its resistance to future quantum threats. StarkWare will study technical challenges, while CEO Eli Ben-Sasson touts Starknet’s security, privacy, and scalability advantages. The Starknet Foundation announced Thursday that 93.52% of voting power supported exploring the transition in a non-binding governance poll that concluded Oct. 22.