STARKNET - TECHNOLOGY IS BEING TURNED AWAY BY THE COMMUNITY? Starknet is a layer2 solution utilizing zkRollup technology that allows developers to operate at scale while still ensuring security on Ethereum. Starknet is a layer2 utilizing a completely new programming language called Cairo - not compatible with EVM.
Starknet has raised approximately $300 million in total funding rounds, a significant figure with prominent VCs. However, the project is currently is being turned away by the community following an airdrop event that was perceived as stingy, leading to the ire of many previous supporters.
The number of active wallets on the Starknet chain has also noticeably decreased by over 90% following the airdrop event.
Despite its formidable backers, Starknet's trajectory may still hold promise and there are many positive aspects within the system. That's my personal perspective. Show Less
