Bitget StarkNet Wallet

About StarkNet

• What is StarkNet?

  StarkNet is a decentralized zk (zero-knowledge) rollup that operates as an L2 network on top of Ethereum blockchain, allowing DApps to scale their computation without sacrificing security or composability. It offers high throughput and low gas costs, making it an efficient solution for users. To achieve scalability, StarkNet utilizes Stark Provers, which have the ability to prove large volumes of transactions. In 2020, they were able to prove a record-breaking number of 300,000 transactions in a single proof.

• What makes StarkNet unique?

  StarkNet does not support EVM compatibility, which means that smart contracts used in popular Ethereum DApps like Uniswap and OpenSea must be written in Cairo, StarkNet's programming language optimized for ZK rollups. Cairo is a powerful language that allows for cheaper computations than those on an EVM, enabling new possibilities such as blockchain games. Although this may deter some developers who need to learn a new language, Ethereum smart contracts can be converted to Cairo using a transpiler like Nethermind's Warp. However, these contracts will not be fully optimized for StarkNet.

• Does StarkNet have a token?

  StarkNet does not have a native token yet, but it allows for sending and receiving tokens like ETH, USDT, and DAI on its mainnet. If you do not have any tokens on StarkNet, you may bridge your ETH by using Dapps on the Bitget DApp browser. StarkNet is expected to have a native token for governance, incentivization, and protocol upgrades when it becomes fully decentralized. Early contributors of StarkNet, such as validators, users, and donators, may potentially receive the native token as a reward through airdrop in the future.

• What are the benefits of using Bitget StarkNet Wallet?

  Bitget StarkNet Wallet offers users several benefits, including secure asset storage using industry-standard encryption. Additionally, it provides easy access to your tokens, allowing you to view your balance and transaction history with just a few clicks. You can also send and receive tokens to and from other wallets, making it easy to manage your cryptocurrency transactions. The Bitget StarkNet Wallet is well integrated with other StarkNet DApps, allowing you to fully participate in the StarkNet ecosystem and utilize your asset on the StarkNet blockchain.

• What are the trending DApps on StarkNet?

  Since StarkNet is relatively new in the blockchain space, it is crucial to establish a bridge to transfer funds to the new mainnet. StarkGate, the official bridge for StarkNet, is one of the most significant DApps on the network. It acts as a gateway between Ethereum and StarkNet, enabling users to perform all the functions they would expect from a bridge. Additionally, 10KSwap is an AMM protocol built on StarkNet that aligns with Ethereum's advancements. By utilizing the rollup feature, it seeks to offer lower fees, less friction, and improved liquidity to the L2 ecosystem. Moreover, Aspect is the first NFT marketplace on the StarkNet mainnet, where users can buy and sell the latest NFT collections on a Cairo-based platform.

• How to use StarkNet Wallet?

  The simplest way to start using StarkNet is by creating a StarkNet Wallet in Bitget wallet, which can be installed via Google Play, App Store, or a Chrome extension. After installation, create a crypto wallet on the StarkNet mainnet and start making transactions or purchasing tokens via OTC. You can then explore the StarkNet ecosystem through the Bitget DApp browser, which supports various DApps, including DeFi, NFT, exchange, and tools.