Ethereum L2 Starknet Jumps 20% After Saying It Wants to Become an L1

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Starknet, the Ethereum scaling network built by StarkWare, is considering becoming an independent layer-1 blockchain, with 2027 as its target to become the first fully quantum-resistant network. The STRK token surged about 20% in 24 hours, reaching around $0.073, more than double its roughly $0.03 price in April. StarkWare CEO Eli Ben-Sasson said the transition would give Starknet control over its own security upgrades, rather than waiting for Ethereum to modernize its post-quantum infrastructure around 2029. The quantum threat and the advancement of artificial intelligence are the two risk factors cited by Ben-Sasson to justify this transformation.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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