Starkware marked the time for starting the token network Starknet

The president of the Starkware project Eli Ben-Sasson in an interview with Decrypt spoke about the postponement of Starknet control token since September to October 2022.

The corresponding initiative of the company became known in July. Then Starkware announced the airdrop coins among community participants in 2023.

In October, Ben-Sasson explained that users will not receive free tokens. All of them will be blocked immediately after launch for teams, “which go on a long journey”.

“The main thing we want to achieve with the help of token is so that the developers who do most of the work and ensure the stability of the network are rewarded,” said Starkware President.

The emission of tokens of the ERC-20 standard will be 10 billion. The asset will contribute to the decentralization of the network and is used in the consensus mechanism, to https://gagarin.news/news/intel-to-release-blockscale-a-new-bitcoin-mining-chip/ participate in management through stakeing and paying for transactions in Starknet.

Among other things, Ben-Sasson announced the upgrade of the native language of the CAIRO 1 project smart contracts.0. According to him, an increase in safety and performance is expected by the end of 2022.

Recall that in May Starkware attracted $ 100 million under the round of financing of the series D. Startup was estimated at $ 8 billion.

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