Starknet was designed to allow developers to harness the power of STARKs and Cairo in order to build their app. Up till now, Starknet’s development focused on providing developers with future-proof functionality.
They have made great progress, which resulted in impressive usage, performance, and offerings. Some impressive numbers: 2M+ transactions processed on mainnet (14M+ on Goerli), over 650k wallet downloads across Argent X and Braavos, and 570K+ contracts deployed on mainnet (1.4M+ contracts on Goerli).
Honestly, their progress this year is amazing already, but they still tend to improve the overall performance and UX.
- No down time and with no resetting of the network’s state with Regenesis.
I can proceed and explain a lot of technical information, but it has already been written out neatly in THIS LINK.
Revised: As the mainnet became congested, there are signs of excessive usage, such as delayed and prolonged transactions. I attribute this issue to the alpha stage and the project's growing popularity. However, I remain optimistic that these problems will be resolved in due course.
The significant popularity of the project is evident in the images shared by @Blockbuster in his micro review. Although I cannot give a full 5-star rating due to the transaction delays, it is understandable considering the project is still in its alpha stage. Show Less