Starknet Considers Shift to Layer 1 for Faster Quantum Security Upgrade
Starknet (STRK) is exploring multiple strategic paths, including a potential transition to a Layer 1 blockchain network. StarkWare co-founder and CEO Eli Ben-Sasson indicated that the move is being contemplated to give the network direct control over its security migration and protect against future cryptographic threats posed by quantum computing and artificial intelligence. Currently, Starknet operates as a Layer 2 network that relies on the underlying security of the Ethereum blockchain.
The proposed shift would allow Starknet to bypass the timeline of its parent network. While Ethereum plans to achieve full quantum resistance on its Layer 1 by the end of 2029, Starknet expects it could deploy its own quantum-safe upgrades as early as 2027. Starknet is built on ZK-STARK technology, which provides cryptographic agility and a pre-planned post-quantum migration roadmap. Bitcoin has not yet committed to a timeline for similar quantum-resistant upgrades.
Investors are monitoring how this potential transition might impact the network's architecture and token utility. Following the news, the Starknet token climbed significantly, rising over 23% to trade around 0.06039 USD. The market will watch for further technical proposals from StarkWare regarding the transition details and governance votes.
Key points
- Starknet is considering a transition to a Layer 1 network to independently manage its security migration.
- The shift aims to defend against cryptographic risks from quantum computing and artificial intelligence.
- Starknet expects to complete its quantum-safe security upgrades as early as 2027.
- Ethereum plans to reach quantum resistance by 2029, while Bitcoin has made no such commitment.
- The Starknet token surged more than 23% to 0.06039 USD following the news.
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How we writeDisclaimerQuestions and answers
Why is Starknet considering a move to Layer 1?
Starknet is considering a move to Layer 1 to gain full control over its security migration process and address potential cryptographic threats from quantum computing and artificial intelligence.
When does Starknet expect to complete its quantum-safe upgrade?
Starknet anticipates it could complete its quantum-safe security upgrade as early as 2027, which is sooner than Ethereum's target of 2029.
How has the Starknet token reacted to the security upgrade news?
The Starknet token rose over 23% following the news, trading at approximately 0.06039 USD.