Starknet Pioneers Decentralized Staking on Ethereum's Layer-2
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 28 2024Starknet's Staking Feature: Starknet has become the first major layer-2 blockchain on Ethereum to introduce a staking feature, allowing users with at least 20,000 STRK tokens to earn rewards by validating transactions, while others can delegate their tokens to validators.
Decentralization Goals: This initiative is part of a broader strategy to enhance decentralization within the network, with plans for further analysis of staking behaviors and empowering community members to take on additional roles in block validation and creation.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
