The Ethereum Layer 2 validity roll-up Starknet opens vote for major upgrades
The community of Ethereum Layer 2 validity roll-up Starknet is currently voting on whether to transition major upgrades in Starknet v0.13.0 from testnet to mainnet. These upgrades would allow transaction fee payments in STRK, the native token for Starknet, in addition to ether. It is unclear how this vote will impact STRK issuance, as the token is not yet available.
Token-gated vote confusion
Some community members expressed confusion about the timing of the vote before the STRK airdrop. However, the vote relies on delegates rather than token holders. Over the past year, Starknet Foundation has distributed voting power to a wide range of independent delegates. The protocol encourages all members of the Starknet community to participate in the discussion and voice their opinions on the proposed update on the community forum.
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MK Manoylov has been a reporter for The Block since 2020. With a focus on NFTs, metaverse, web3 gaming, funding, crime, hack, and crypto ecosystem stories, MK has written nearly 1,000 articles for the publication. They hold a graduate degree from New York University’s Science, Health and Environmental Reporting Program (SHERP) and have covered health topics for WebMD and Insider. You can follow MK on Twitter @MManoylov and LinkedIn.
Hot Take: Starknet Community Votes on Upgrades
The Starknet community is currently engaged in a token-gated vote to determine whether major upgrades in Starknet v0.13.0 should be transitioned from testnet to mainnet. These upgrades would enable transaction fee payments in STRK, alongside ether. While some confusion arose regarding the timing of the vote in relation to the STRK airdrop, it is important to note that the vote relies on delegates rather than token holders. The Starknet Foundation has distributed voting power to a diverse group of independent delegates, encouraging active participation from the community. This democratic process ensures that all members have an opportunity to voice their opinions and shape the future of Starknet.
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