Starknet is a permissionless decentralized Layer 2 (L2) validity rollup, built to support Ethereum scaling via STARKs.
To operate Starknet uses Starks, cryptographic protocols that require no trusted setup, are post-quantum secure, and can be deployed succinctly at any scale. This technology enables the protocol to build a public, decentralized, and permissionless infrastructure accessible to all.
Starknet is taking various initiatives to become a censorship-resistant network and attain the public good status. One of these measures is to decentralize its governance and transfer it to the community. This report reflects the status of Phase 1 until December 2023.
Starknet is still developing its governance framework. Although some structures are in place, more will be outlined shortly.
The Foundation's role includes: