Network & Token Utility - STRK is Starknet's native gas token, with plans for a burn mechanism similar to Ethereum's EIP-1559 [1] - STRK also serves as the governance token for network upgrades and community decisions [2] Decentralization & Security - Starknet is transitioning to a fully decentralized network secured by a custom Proof-of-Stake (PoS) mechanism [1] - Full decentralization of proving and sequencing is expected by H1 2026 [1] - Starknet leverages Ethereum for trustless security [3] Staking & Validation - Staking v2 is live, marking progress towards the final staking design [1] - STRK is the primary staking asset (75% STRK / 25% BTC soon) [2] - Over 12% of the STRK supply is already staked [2] - StarkWare has started staking (30 million STRK on its own validator + 75 million in delegation to external ones) [2] - The Starknet Foundation will begin staking by late August / early September through delegation [2] Sequencing - Starknet v0.14.0 (coming in a few weeks) will introduce a distributed sequencer, the first step in decentralizing sequencing [2]
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Starknet 🐺🐱·2025-07-20 05:39