On the Ethereum blockchain, 9 distinct DApps were created using StarkNet, a second layer scaling solution.
StarkNet improves the performance and security of the blockchain by working on top of the underlying compression technology. This enables quick transactions, low commissions, and a wide range of scaling options.
The StarkWare team worked on this solution, creating the infrastructure required for ETH application deployment. According to information shared on Twitter, nine projects based on this solution have been developed, including DeFi, NFT, gaming, and other sectors.
According to StarkWare’s co-founder, their development will help propel cryptocurrency use to new heights. Applications can be scaled to allow as many users to use them.
As a result, bitcoin initiatives will be able to catch up in user numbers, such as with WeChat or Facebook, which have a combined audience of several million people.
In a short period, StarkWare will enable you to gain a considerable increase in users. This is the missing link in technological growth, allowing blockchain to be used in various fields. When developing Web3, this is extremely crucial.