StarknetSTRK
Convert STRK to your currency
Last Updated on Nov 12, 2025 11:58 AM
What is Starknet?
About the coin
StarkNet is a permissionless decentralized Layer 2 (L2) validity rollup, designed to enhance Ethereum's scalability through cryptographic protocols known as STARKs. It aims to maintain Ethereum's core principles of decentralization, transparency, inclusivity, and security. The StarkNet Token plays a crucial role in operating the ecosystem, maintaining and securing it, and guiding its strategic goals and evolution.
Main features
The StarkNet Token is essential for governance, allowing holders to participate in decision-making processes regarding the network's values and strategic directions. It is also used for the payment of transaction fees on StarkNet, ensuring the smooth operation of the network. Additionally, the token is involved in StarkNet's consensus mechanism, contributing to the network's security and integrity.
How it works
StarkNet operates as a Layer 2 solution on the Ethereum network, utilizing STARKs (Scalable Transparent Argument of Knowledge) to achieve scalability. This approach allows for increased transaction throughput without sacrificing the decentralization and security that Ethereum is known for. By leveraging these advanced cryptographic techniques, StarkNet provides a scalable and efficient environment for decentralized applications and users.
Wallet for Starknet
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Tangem supports networks for Starknet
- Ethereum
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Starknet FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Starknet isa Validity-Rollup (aka ZK-Rollup) Layer 2 network that operates on top of Ethereum, enabling dApps to massively scale without compromising on security. It achieves this by bundling transactions into an off-chain computed STARK proof.
- Starknet Token (STRK) is the cryptocurrency of Starknet, a layer-two (L2) rollup on the Ethereum network.
- Starknet is primarily usedto scale decentralized applications (dApps) on Ethereumby enabling high throughput and low transaction costs. It has been integrated into various DeFi platforms, including **dYdX** and **Immutable X**, which use Starknet to offer users faster and cheaper transactions.
How to secure Starknet with Tangem Wallet?
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Why choose Starknet wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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