Starknet's Maturity & Expansion
Starknet's Maturity & Expansion
🚀 Starknet's leveling up
Starknet has reached impressive maturity levels:
- 500 TPS capacity
- $0.002 average gas fees
- 2-sec transaction waiting time
The ecosystem is expanding rapidly:
- Hyperlane integration for improved bridging
- BTC loans on Starknet via Lendasat
- Upcoming DualVM Validity Rollup with Kakarot ZK-EVM
- New DeFi dApp (@strkfarm) crosses $1M TVL
Art Peace Round 2 was a success, showcasing network capabilities.
Note: This is not financial advice. Always DYOR.
New record, more projects, more fun Here’s a recap of last week’s top highlights from the Starknet ecosystem 🧵👇
Beyond the fun of this experience, Art Peace notably showcases the robustness of Starknet: > Peak TPS on Mainnet: 503 > Average transaction cost: ~$0.001 USD And the best part? More optimizations are coming to push these even further
C'mon @art_peace_sn grab your pixels. join a faction. show off your artistic side. Jump into the chaos and lfdraw art-peace.net
2-sec tx waiting time, ~400 TPS capacity, ultra-low gas fees, with many more optimizations coming over time 👨🔬 With our stack now ready for mass-scale apps, it's the perfect time to dive into @StarkWareLtd's (Starknet's main contributor) vision with @EliBenSasson. 🗓 wen: Sept
gm fam Just a friendly reminder of what's coming before the end of this year: > STRK staking phase 1: with a permissionless staking protocol and stake > Starknet v0.13.3: notably featuring Cairo-Native for more network optimization > @KakarotZkEvm Mainnet: bringing the EVM to
Maturity & Expansion. That’s the key theme for Starknet these days. Here are the most important updates from the Starknet ecosystem last week 🏌️♂️
Ex-Revolut Team to Launch Advanced Perpetual DEX on Starknet
A team of former Revolut developers is set to launch a next-generation perpetual DEX on Starknet's public network on August 12th. The project, @extendedapp, represents one of the largest DeFi launches in Starknet's history. Key features: - 50+ trading pairs across crypto and traditional finance - Integrated community vault for liquidity providers - Future expansion into spot trading, borrowing, and lending The platform has completed testnet phase and is ready for mainnet deployment. This launch marks a significant milestone for Starknet's DeFi ecosystem.
Starknet Foundation Announces Free 6-Week Basecamp Program
The Starknet Foundation is launching Basecamp X, a comprehensive 6-week program for developers interested in building on Starknet. Key features: - **Free live training** from August 15 to September 12, 2024 - Focus on **Cairo programming** and Starknet fundamentals - Includes smart contract development and frontend integration - Real-time interaction with instructors - Recorded sessions available - Leads to remote hackathon and in-person Startup House event in Buenos Aires [Register for Basecamp X](https://us06web.zoom.us/webinar/register/9317216568455/WN_44ZBos7fTdiEUUJPWN3O3w)
Starknet v0.13.6 Update Prepares for S-Two Integration
Starknet announces version 0.13.6, scheduled for Testnet on June 30 and Mainnet on July 8. This update lays groundwork for S-Two, StarkWare's next-gen STARK prover. Key improvements: - S-Two will cut proving time from 24 to 3 minutes for 2B L2 gas blocks - Proving costs expected to reduce by 50% or more - Resource counting enabled - Transaction costs and UX remain unchanged *Note*: Cairo Native temporarily disabled on Testnet, planned reintegration in Q3. [Full release notes](https://community.starknet.io/t/sn-v0-13-6-pre-release-notes/115680)
Asset Runes Enable Native Bitcoin Stablecoin Trading
Asset Runes technology is enabling direct stablecoin trading on Bitcoin for the first time, eliminating the need for cross-chain bridges or wrapped tokens. The development is being implemented through @dot_swap's platform. - Trading is powered by an onchain orderbook - Features Full Mempool Protection - Currently in beta phase - Supports BTC to Rune swaps - Rune to BTC swaps being gradually implemented This marks a significant step toward native Bitcoin DeFi functionality without requiring users to leave the Bitcoin network.
Starknet Enables Cross-Chain Development Across Bitcoin and Ethereum
Starknet is positioning itself as a unified development platform that allows builders to create applications that can leverage both Bitcoin and Ethereum networks simultaneously. Key ecosystem partners supporting development include: - OpenZeppelin - The Graph Protocol - Nethermind - OnlyDust - StarkWare - Starknet Foundation This cross-chain development capability represents a significant step toward blockchain interoperability, allowing developers to harness the unique strengths of both leading networks.