According to Mars Finance, citing The Block, Starknet (STRK) holders approved a research proposal with over 93.5% of voting power to explore transitioning Starknet from an Ethereum Layer 2 network into an independent, quantum-resistant Layer 1 network. StarkWare plans to release a draft whitepaper in November to further investigate the technical pathway. It should be noted that this vote only supports initiating research into the transition and does not constitute formal approval of the transition plan. Any subsequent steps toward implementation will require additional governance approval.
Starknet Votes to Explore Transition to Quantum-Resistant Layer 1 Network
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Summary
Starknet (STRK) token holders voted with over 93.5% support to explore transitioning to a quantum-resistant Layer 1 network. The proposal aims to study a move away from Ethereum Layer 2, with StarkWare set to release a draft white paper in November. Network activity remains a key focus as the initiative enters the research phase. Altcoins to watch may include STRK as the project progresses. The vote does not finalize the transition, which will require additional governance approval.
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