StarkNet now open for DApp deployment on Ethereum mainnet

cointelegraph.com:

StarkNet, the Layer-2 scaling solution established by StarkWare, announced that the first few decentralized apps (DApps) built on the platform have been deployed since it launched on the Ethereum Mainnet in November.

StarkWare shared the nine projects listed by zkRollups, a digital directory for the zero-knowledge ecosystem, in a Twitter thread. The list ranges from decentralized finance (DeFi) to nonfungible tokens (NFTs) and gaming applications.

Here are the latest projects we have listed - all building on StarkNet ✨ from @StarkWareLtd https://t.co/y55wb8p8nb ️1/

StarkNet is a permissionless validity rollup, or zero-knowledge rollup, that uses basic compression technology to boost the production and security benefits of Ethereum Layer 1. The company prides itself in its product's ability to provide "rock-bottom" gas fees and "limitless" scaling potential.

Cointelegraph spoke to StarkWare co-founders Uri Kolodny and Eli Ben-Sasson. Ben-Sasson was the crucial missing step to taking crypto mainstream:

Kolodny then drew a comparison between the skyscrapers in Manhattan that allowed for greater population growth to StarkNet's potential to do the same for Ethereum's user base. He added that Layer 2 technologies, like StarkNet, will be "crucial" in serving a "massive anticipated rise" in blockchain use. 

Ben-Sasson added that the StarkNet platform is like "the missing link in tech evolution which makes blockchain usable for everything" and will ultimately "propel us to a Web3 reality."

The founders noted that they expect StarkNet to be fully decentralized within the next year. Recently, StarkWare raised $50 million in a Series C funding round that brought the firm’s valuation to $2 billion.

Related: ZK-Rollups step into the