Starknet Community Votes on Whether to Research Independent Layer 1 Blockchain
(4 hours ago) · 1 source · Summarized by CryptoBipto
Starknet, currently operating as an Ethereum Layer 2 scaling solution, has put a proposal to its community to vote on whether the project should conduct research into becoming an independent Layer 1 blockchain. The vote would authorize research and exploration rather than an immediate transition away from Ethereum.
WHY IT MATTERS
Think of Starknet like a business that currently rents space inside a large, well-secured building (Ethereum). The building provides safety and infrastructure, but the tenant has to follow its rules and pay rent. This vote is essentially the tenant asking its members whether they should research buying their own building instead. A Layer 2 network relies on a Layer 1 blockchain (like Ethereum) for security, similar to how a tenant relies on the building's security system. Becoming an independent Layer 1 would mean Starknet would need to provide its own security, which is a major undertaking. For newcomers, this story illustrates how decentralized projects use community voting, known as governance, to make important strategic decisions rather than having a single company or CEO decide.
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- thedefiant.io
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