Starknet is a Layer 2 scaling solution for Ethereum, built using STARK-based zero-knowledge proofs. It enhances Ethereum’s capacity by enabling faster and cheaper transactions while maintaining the network's security and decentralization. Starknet supports smart contracts written in Cairo, its native programming language, and allows interaction between Layer 1 (Ethereum) and Layer 2 contracts. This architecture ensures that applications benefit from the scalability and low fees of Starknet while leveraging Ethereum’s security and composability.

Designed for developers and users, Starknet aims to support a variety of applications, including DeFi, NFTs, and gaming, providing high throughput and reducing gas costs significantly compared to Ethereum mainnet transactions. Its decentralized governance involves the STRK token, which can be used for transaction fees, staking, and participation in network decisions