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What is Starknet (STRK) ?
Introduction
What is Starknet?
The alpha version of Starknet was launched on November 29, 2021.
Starknet is developed by StarkWare, an Israeli company that was founded in 2018 by Eli Ben-Sasson, Uri Kolodny, Michael Riabzev, Alessandro Chiesa.
StarkWare specializes in developing products to enhance the performance of the Ethereum blockchain.
While Ethereum is the leading blockchain for dApps (decentralized applications), it has scalability problems.
When the network is overloaded, transaction costs soar.
Faced with this situation, the market is seeing the arrival of numerous scaling solutions, known as layer 2.
A layer 2 is grafted onto a layer 1 (in this case, Ethereum) to improve its performance. StarkWare has developed the StarEx layer 2.
Starknet follows in StarEx’s footsteps, but goes a step further by enabling the development of dApps. Arbitrum is another example of layer 2 for Ethereum.
Like all layer 2s, the principle behind Starknet is to divert part of the traffic from the mainnet (Ethereum) and process it off-chain.
Once completed, transactions are recorded on the Ethereum blockchain.
Different technologies are available for layer 2.
In the case of Starknet, the scaling solution uses zk or zero-knowledge rollups.
This type of rollup uses the zero-knowledge proof created by Silvio Micali, creator of the Algorand crypto network.
There are different types of zk rollups, such as ZK-SNARK, ZK-STARK, ZK Sync and ZK EVM.
The principle remains the same.
A ZK rollup enables off-chain transactions to be validated without disclosing any vital information.
Transaction anonymity is thus preserved. STRK is the native token of the Starknet network.
Listed on exchanges from February 2024, it is used for :
- Participate in the governance of the Starknet platform.
STRK holders may also delegate their voting rights to other persons. - Staking your claim to passive income.
- Pay transaction fees. On January 8, 2024, the Starknet Foundation approved the proposal (validated by 99.86%) to use STRK tokens to pay Ethereum’s gas fees.
The Starknet project is currently capitalized at 770 million euros, making it one of the world’s top 100 tokens.
This level of capitalization is close to that of other well-known cryptos such as EOS (EOS), Decentraland(buy MANA tokens on Coinhouse) and IOTA (IOTA).
Why choose Starknet?
There are many layers 2s on the market today.
In fact, it’s one of the fastest-growing sectors in 2023.
Today, the layers 2 sector has a capitalization of over €20 billion.
Starknet offers a solution to one of the biggest problems of the moment, namely the lack of scalability of layer 1s like Ethereum.
Starknet’s growth potential is therefore considerable. Backed by the Ethereum blockchain, the queen of dApps, it benefits from its immense ecosystem.
What’s more, Starknet has a number of features that set it apart from other layer 2s.
On the one hand, Starknet relies on cutting-edge technology such as zero-knowledge disclosure proofs.
In addition, the computer language used by Starknet is Cairo.
Since March 2023 and the Cairo 1.0 update, the language offers a more developed experience for programmers.
Last but not least, Starknet’s ecosystem is already very dynamic, with some hundred dApps in various fields, demonstrating the high level of adoption by developers.
Why buy Starknet on Coinhouse?
A secure platform: As a crypto pioneer in France, Coinhouse offers its users fully secure services.
As the first French player, Coinhouse is particularly well suited to the French crypto market. Premium user experience: On Coinhouse, you’ll find your way around with ease!
The homepage is straightforward, giving you quick access to the menu on the left and the three main buttons “Buy”, “Sell” and “Exchange”. Crypto experts at your service: Coinhouse has set up a dedicated service to help you get started.
It is staffed by crypto experts who will answer your questions in French.
The quality of our customer service is often praised in user reviews. Buy Starknet on a PSAN: Coinhouse is the first crypto platform to be PSAN registered with the Autorité des Marchés Financiers (AMF).
How to buy Starknet on Coinhouse?
- Registration: To buy Starknet on Coinhouse, you need to open an account.
On the home page, you’ll find the “Sign in” button.
Then simply enter your email address, create a password that respects the site’s security rules, and fill in a short identity form. - Verification: Before you can access your account’s features, you’ll need to confirm your identity.
This is an important step in preventing identity theft.
To pass this verification, you’ll need to provide a photo of yourself holding an identity document. - Deposit of funds: Before buying Starknet on Coinhouse, you need to deposit funds in euros on the platform.
You can do this by paying by credit card or by bank transfer. - Buying STRK: To buy STRK on Coinhouse, you can do so directly in euros using your deposited funds.
To do so, simply click on the Buy button on the home page and enter the amount you wish to purchase.
Alternatively, you can make an exchange using the Exchange button.
If you have USDT or USDC stablecoins, you can exchange them for Starknet tokens.
Secure storage: STKR cryptos purchased will be transferred to the Coinhouse integrated wallet.
It’s an easy-to-access, highly secure wallet.
To sell Starknet on Coinhouse, you need to log in to the platform and click on the Sell button.
All you need to do is enter the amount of tokens you wish to sell and your bank account details.
The money will be transferred within one to three working days.
News Starknet in 2025
Launch of layers 3 on Starknet. On February 8, 2024, the Starknet team announced the launch of Cairo Verifier.
This product is the result of a collaboration between StarkWare and Herodotus.
Cairo Verifier will enable the processing of zero-knowledge evidence published by layers 3 on the Starknet network.
The addition of layer 3 will boost the performance of Starknet’s layer 2 network. Airdrop and launch of the STRK token. On February 20, 2024, the STRK token was listed on most major exchanges.
At the same time, the Starknet Foundation distributed STRK tokens via an airdrop to 1.3 million eligible wallets. Starknet launches “Defi Spring”. Defi Spring” is a program launched in February 2024.
Lasting 6 to 8 months, it involves the distribution of 40 million STRK tokens.
The aim of the program is to stimulate participation in the DeFi protocols present on its network. Launch of ZKX on Starknet. In March 2024, the DeFi ZKX protocol was launched on the Starknet network.
ZKX is a decentralized exchange that enables perpetual trading.

Price Starknet (STRK)
€ 0.16-1.2 %