Starknet updates roadmap: Short-term focus has shifted to reducing costs
Ethereum Layer 2 network Starknet has released its latest roadmap, indicating that with the steady rise of Ethereum blob demand to a significant level, the short-term focus of the project has shifted back to reducing costs.
According to the roadmap, Starknet plans to launch phase 1 of STRK staking in November this year. This will further advance its decentralization process, unlock new use cases for STRK tokens and expand new business use cases on Starknet. Next, Starknet plans to implement "Stateless Compression" and "Squash-Pricing" in version v0.13.3 in December this year to reduce network fees.
Following that, Starknet plans to implement "stateful compression" in version v0.13.4 by February 2025 as a continued effort towards cost reduction; it will improve devX by supporting try/catch mode and introduce L2 gas as a protocol-level resource encapsulating all L2 native computations, storage and bandwidth without needing coupling with L1 resource markets.
Furthermore, Starknet aims at implementing two-second blocks, memory pool & fee market along with other pending features within version v0.14.0 by April 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Greeks.live: markets are pricing in Trump's election to materialise
BlackRock IBIT Trades $464 Million in Pre-Market Volume Today
U.S. stocks open sharply higher as Trump media tech group rises 30 per cent