Starknet Receives 93.5% Support, Exploring Independence from Ethereum to Establish a Separate Blockchain
Coinpaper
47m ago
Ai Focus
On October 22, the community voted with 93.52% support to study the establishment of an independent blockchain that is resistant to quantum attacks, but this does not equate to a formal decision to leave Ethereum. StarkWare and Starknet Foundation will carry out joint research, with a draft white paper expected to be released in November. STRK will still remain as the native token of the network.
Helpful
No.Help

Key Points

  • Starknet Voters overwhelmingly support research on independent blockchain solutions
  • Quantum security concerns are prompting them to consider separating from Ethereum.
  • The November white paper may outline cost and technical requirements.

As one of Ethereum's mature Layer 2 scale-out networks, Starknet has received overwhelming support from the community and has begun to explore becoming an independent blockchain. This move may ultimately end its reliance on Ethereum's security infrastructure.

The governance vote that concluded on October 22 showed that 93.52% of the voting rights supported the research of an independent, quantum-resistant Layer chain, with a total of 3,236 votes recorded.

According to the official announcement of Starknet Foundation, this result authorizes StarkWare and that foundation to conduct research on the proposal, but it does not equate to approval to move away from Ethereum. Any transition will still require another round of governance processes.

This decision comes at a time when Ethereum itself is also re-evaluating the role of its network scaling efforts. Previously, Vitalik Buterin had criticized Layer 2.

Why Starknet is considering leaving Ethereum

Starknet currently processes transactions independently of Ethereum, but still relies on the main chain for important security and settlement functions.

Its cryptographic architecture uses STARK as proof and relies on hash-based technologies, which is considered promising for post-quantum security. Programmable accounts can also support alternative signature schemes.

However, the network still relies on Ethereum to provide data availability and bridging infrastructure.

This brings a tricky limitation: Starknet can upgrade its own system, but it is not able to independently enable the Ethereum infrastructure at the underlying level with quantum-resistant capabilities.

The foundation mentioned that Ethereum plans to achieve underlying quantum-resistant protection by December 2029. StarkWare hopes that Starknet can achieve quantum security by 2027.

For a project that in its early stages focused on " Quantum Leap " upgrades to enable faster Ethereum scaling, this represents a major shift.

Starknet has also extended to Bitcoin staking, indicating that its ambitions have surpassed the traditional scope of Ethereum transactions.

What will Starknet lose if it becomes independent?

Operating as an independent blockchain will give Starknet greater control over the upgrade schedule, but it will also bring new responsibilities.

It needs to establish its own consensus mechanism, validator incentives, economic security, and guarantees of transaction finality, rather than relying on Ethereum's existing settlement infrastructure.

These issues are particularly important because Ethereum’s Layer 2 network now handles the vast majority of transactions within the ecosystem.

Recent online data shows that the expanded network has processed approximately 94% of Ethereum ecosystem transactions, highlighting its importance to the broader blockchain economy.

If Starknet were to flee, it would once again ignite the long-standing competition between Layer 1 and Layer 2. In the past, there have been public confrontations between Solana and Starknet due to this very reason.

However, independence does not necessarily mean giving up Ethereum users or liquidity.

StarkWare indicates that STRK will still be a native network token, and no alternative token will be launched. The Ethereum bridge will also continue to be maintained.

What will happen to Starknet and STRK next?

StarkWare and Starknet Foundation will now establish a joint research effort to assess technical requirements, economic trade-offs, and the impact on developers.

StarkWare Chief Executive Officer Eli Ben - Sasson It is expected that the draft white paper will be made available for public review in November. If the research supports this transition, there will be further governance proposals thereafter.

The company's previous ambitions in Bitcoin scaling indicate that its strategy is no longer limited to Ethereum alone.

Tip
$0
Like
0
Save
0
Views 18
HQYC reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
HSBC Launches Stablecoin RedCoin and Plans to Launch Tokenized Funds with a Minimum Investment of HKD 100
HSBC has begun to roll out the Hong Kong dollar-pegged stablecoin RedCoin to over 3.3 million PayMe users in phases. According to information disclosed by the bank on October 23, the circulation of RedCoin is 80.58 million Hong Kong dollars, with corresponding reserve assets of 81.58 million Hong Kong dollars; HSBC also plans to launch a tokenized money market fund subscription service with a minimum investment of 100 Hong Kong dollars by the end of this year.
crypto.news
·2026-10-23 23:54:59
8
Circle Expands Alliance Plan, Adds Eight New Partner Benefits
Circle Announces Expansion of Its Circle Alliance Program ( CAP ), Adding or Upgrading Eight Member Benefits, and Launching a Alliance Hub Exclusive to Members, to Enable Partners to More Directly Access Its Products, Support Team, and Business Network. The company stated that this adjustment is based on feedback from existing members regarding industry connections, product participation, and business showcase opportunities, but did not disclose the member base size, participation fees, or related financial incentives for CAP.
crypto.news
·2026-10-23 23:54:55
12
Sources say that the TikTok US entity is seeking several gigawatts of computing power
According to CNBC, citing informed sources, TikTok's entities in the United States are seeking to lock in several gigawatts of computing power over the next few years, with one source stating that the goal is to achieve 4 gigawatts of computing power by the early 2030s. A company spokesperson stated that TikTok currently operates mainly on Oracle's cloud infrastructure in the US, and Oracle will continue to be its primary cloud infrastructure provider.
CNBC
·2026-10-23 23:54:53
8
AI stocks experience the worst decline since the impact of DeepSeek; Goldman Sachs' momentum portfolio wipes out annual gains; Semiconductor index approaches its year-low
Market concerns about the investment returns of AI are rising, and Meta's financial reports have exacerbated worries regarding the return on capital expenditures of AI. Goldman Sachs stated that this round of mass selling in AI and the semiconductor sector is the worst performance since the DeepSeek shock. Hedge funds and systematic strategies are also accelerating adjustments to their risk exposures, with funds shifting towards assets with lower volatility and higher profit quality.
Wallstreetcn
·2026-10-23 23:54:51
6
U.S. citizens growing more anxious as U.S. stocks reach high levels: Consumer confidence drops to a five-month low, inflation expectations rise for two consecutive months
The final reading of the University of Michigan’s Consumer Confidence Index in October was 48, hitting a five-month low, but it was higher than the preliminary figure and exceeded the expectations of all economists surveyed by Bloomberg. Consumers’ inflation expectations for the next year rose to 4.7%, and their long-term inflation expectations for the next five to ten years rose to 3.5%, both of which are the highest since May this year, and represent the second consecutive month of increase. Meanwhile, the S&P 500 Total Return Index has reached record highs, while consumer confidence remains near historical lows, further widening the divide between the market and the public.
Wallstreetcn
·2026-10-23 23:46:10
12
View More