What is Starknet?
Starknet is a Layer 2 scaling solution for Ethereum, using a technology called zk-Rollups to process transactions off-chain and submit a single, compressed proof to the mainnet. The native crypto, STRK, is used for transaction fees, staking to secure the network, and governance, while Starknet's use of native account abstraction provides a more user-friendly experience and its Cairo language allows developers to build complex applications.