StarkNet is a decentralized Validity Rollup (Zk-Rollup). It operates as a layer-2 network over Ethereum enabling it to scale securely and dApps to achieve unlimited scale of transactions and computation. In simple terms, dApps operating over StarkNet benefit from high throughput, low gas costs, and retains Ethereum Layer 1 levels of security.
Data from Starkscan indicates that the number of active users on Starknet surged from under 20,000 on February 9 to a peak of over 220,500 on February 14. This increase was fueled by users and airdrop participants eager to secure an allocation in the upcoming airdrop.
However, following the announcement of details for the airdrop scheduled for February 20, the number of active users dropped sharply, almost returning to pre-announcement levels. On February 19, the network recorded just over 84,000 active accounts. Though the network activity has dropped, I am hoping the activity will pick-up once's real users come and try the network.
Though the network activity has dropped, I believe once real users come and test the network, the activity will grow.
More here: Number of Starknet's Active Users Drops Over Airdrop Criticism | Coinspeaker
To check live STRK USD price: StarkNet Price: STRK USD Live Chart - CryptoPurview
Airdrop information:
The Starknet Foundation has disclosed plans to distribute over 1.8 billion STRK tokens to its community members and stakeholders, marking a significant event in the cryptocurrency space.
Claim process (official): Starknet Provisions: Allocating STRK Tokens to the Community
This distribution is divided into two major segments, approximately 900 million tokens are allocated to acknowledge both past and future contributions from users and community members, though the specific criteria for allocation remain undisclosed. Another 900 million tokens are earmarked for user rebates, aiming to offset a portion of network transaction fees. In addition to these, an extra 50 million STRK tokens are set aside to foster DeFi activities on the Starknet platform.
To check live STRK USD price: StarkNet Price: STRK USD Live Chart - CryptoPurview
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