Starknet's blockchain technology, known as STRK, leverages Validity Rollup (also called ZK rollup) to enable dApps to scale up significantly while maintaining Ethereum's security standards. The platform aims to facilitate the implementation and use of any social function on the blockchain, empowering individuals to exercise their freedom to the fullest. Anchored in core values such as neutrality, inclusivity, and individual empowerment, Starknet cultivates a culture of transparency and autonomy for all its users.
Starknet leverages zk-STARKs (Zero-Knowledge Scalable Transparent Argument of Knowledge) to verify the integrity of off-chain computations while ensuring user privacy. This revolutionary technology produces succinct and transparent proofs of computational integrity, enabling off-chain services to perform various transactions and computations efficiently without overburdening the Ethereum mainnet. Once these computations are completed, a single zk-STARK proof is generated and posted on-chain to validate the accuracy of the computations, ensuring the security and integrity of the entire process without burdening Ethereum.
STRK has a total supply of 10,000,000,000. The current circulating supply of STRK is 728,000,000.
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