Starknet is a blockchain platform that aims to improve the user experience and provide solutions to issues regarding usage efficiency, network throughput and latency, transaction costs, and transaction speed. The company is carrying out a "Regenesis" phase to upgrade Cairo 0 smart contracts to Cairo 1.0 version without requiring the network to restart or experiencing disruptions. In addition, decisions and changes to the network will be decided by the community through decentralized autonomous organization (DAO) governance. 2024 is noticeably the year when network decentralization will be put into motion. This may also be the year when the STRK token is deployed on the Ethereum mainnet fortokenomics and project governance. This is similar to the layer-2 zkSync Era project which had the same goal of network decentralization in 2024. It should be noted that the STRK token deployment to the Ethereum mainnet has so far not been explicitly defined.



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