Starknet Project Update: Heading Towards a Decentralized Future (Late 2024 – Early 2025)

Starknet, an Ethereum Layer-2 scaling solution, continues to make remarkable progress, bringing significant enhancements to its network. Join Click Digital as we explore the highlights of the Starknet roadmap for September 2024.

Version 0.13.2 (August): Enhanced Performance and User Experience

Version 0.13.2 marks a crucial step in optimizing Starknet’s performance and user experience.

• Parallel Execution: Starknet now supports processing multiple transactions simultaneously, boosting the network’s throughput and efficiency.
• Block Packing: This feature allows for packing multiple transactions together into a single block, optimizing space utilization and reducing gas costs.
• Performance Enhancements: These improvements have resulted in a significant increase in Starknet’s TPS (Transactions Per Second) while ensuring faster transaction completion.
• Improved User Experience: The new version also offers significant UX/DevX improvements, making Starknet more user-friendly for both developers and users.

Starknet Staking (October): Unlocking New Potential

October will be a pivotal month as Starknet officially launches its STRK Staking feature.

• Promoting Decentralization: Staking will enhance Starknet’s decentralized nature, making the network more stable and robust.
• New Utilities for STRK Token: STRK Staking will introduce new benefits for the STRK token, increasing its value and appeal in the market.
• Opening New Business Opportunities: STRK Staking will facilitate new business use cases on Starknet, driving the network’s growth and its ecosystem.

Version 0.13.3 (October/November): Cairo-native Support

Version 0.13.3 promises several notable enhancements:

• Cairo-native Integration: Starknet will fully support the Cairo-native programming language, enabling developers to easily build and deploy decentralized applications (dApps) on the network.
• Enhanced Performance: Starknet will continue to improve its TPS processing capabilities, further enhancing the network’s speed and scalability.
• Improved User Experience: A continued focus on improving user and developer experiences (UX/DevX) will ensure optimal convenience and efficiency.

Version 0.14.0 (January/February): Taking it Further with Breakthrough Features

Version 0.14.0 is poised to be a major step forward with groundbreaking features:

• Protocol-Level Volition, zkThreads, Mempool, and Paymaster: These features will bring significant improvements to the Starknet ecosystem, making the network more efficient, secure, and flexible.
• Reduced Gas Costs: Starknet will continue to work towards lowering gas fees, minimizing transaction costs for users.
• Enhanced Scalability and Interoperability: Starknet will increase its scalability and interoperability, enabling the network to handle a larger number of transactions and interact more effectively with other networks.
• Improved User Experience: The new version will continue to prioritize enhancing user and developer experiences, making Starknet more user-friendly and accessible.

Observations and Conclusion

Starknet is demonstrating an unwavering commitment to providing users with an efficient, reliable, and user-friendly Layer-2 network. With its promising roadmap updates, Starknet is poised to become a leading platform for decentralized applications in the future.