Starknet monthly recap #1

All You Need to Know About Starknet in July

Starknet monthly recap #1 : July

Welcome to the first edition of my monthly newsletter, where I bring you the most important updates and developments from the Starknet ecosystem!

๐Ÿ“ฃ Important news of the month

๐Ÿš€ย Starknet 0.12 'Quantum Leap' Network Upgrade

The biggest news of the month is undoubtedly the official release of Starknet v0.12, the "Quantum Leap" network upgrade, on the Mainnet. This upgrade is a game-changer, increasing Starknet's TPS capacity by approximately 30 times and making it the most performant L2 solution in the current market!

The effective results of this update are simply mind-blowing:

  • Maximum TPS reached on the testnet: 89ย 

  • Maximum TPS reached on the mainnet: 54 (along with a drastic reduction in transaction waiting time)

  • Explosion of TVL with Starknet now being the 4th most TVL-gathering general-purpose L2.

Moreover, Starknet is also the most decentralized L2 solutions, boasting 4 full nodes, 5 different sequencers, 3 provers, and 50 community builders, strengthening its commitment to decentralization and transparency.

๐Ÿ›๏ธ StarkGate goes open-source

In pursuit of decentralization and transparency, Starknet has made its historical bridge, StarkGate, open-source. This move provides users with increased security and fosters collaboration within the community.

๐ŸŽ‰ย Starknet CC and Upcoming Starknet Summit

Another successful edition of the emblematic Starknet CC was held this month, showcasing many exciting news. Highlights included the release of the Starknet Foundry, the launch of Cairo on Node Guardians, the participation of Vitalik Buterin, and the announcement of two new Appchains building on top of Starknet. If you missed the event, you can catch up by watching the event replay ๐Ÿ‘‡๏ธย 

Mark your calendars for the next big event - the Starknet Summit in San Francisco, Bay Area, on the 31st of August, promising to bring more exciting announcements and updates!

๐Ÿ”—ย Three Appchains building on top of Starknet

Starknet's introduction of the Appchain concept has led to a surge of three announced projects building on top of it:

  • The new Perp DEX, Paradex, by former team members of Bitmex ๐Ÿ‘‡๏ธย 

  • The decentralized oracle network, Pragma ๐Ÿ‘‡๏ธย 

  • The Starknet Perp DEX, Rabbit X ๐Ÿ‘‡๏ธย 

๐ŸŒ‰ New onboarding solution

OKX, one of the largest centralized exchanges on the market, now accepts deposits and withdrawals to and from Starknet, making it easier for users to onboard onto the network.

If you want to learn about all options available for transferring funds to Starknet, you can read this comprehensive thread about it.

๐Ÿ“ข What about the ecosystem ?

The type 2.5 zkEVM written in Cairo, Kakarot, has launched its Discord ๐Ÿ‘‡๏ธย 

Two new projects have landed on the Starknet Testnet:

  • the AMM v4, Ekubo ๐Ÿ‘‡๏ธ

  • the under-collateralized money market, Hashstack ๐Ÿ‘‡๏ธ

Braavos introduced a new exclusive feature called Multi-Owner account, simplifying treasury management for project teams ๐Ÿ‘‡๏ธย 

Argent X announced the launch of Unframed, a new NFT marketplace, adding diversity to the marketplace landscape ๐Ÿ‘‡๏ธย 

Fibrous released a tool to enhance fund security, allowing users to revoke permissions linked to their wallets in a single interface ๐Ÿ‘‡๏ธย 

๐Ÿ“ฐย Some of the best threads of the month

To understand Starknet's value proposition and its positioning relative to competitors, here is a series of three threads that explain it:

  1. Comparison of the 4 categories of L2 โ€”> Sidechain - State Channel - Plasma - Rollups ๐Ÿ‘‡๏ธย 

  1. ZK Rollups vs Optimistic Rollups โ€”> which solution is more promising ๐Ÿ‘‡๏ธย 

  1. Starknet (cairoVM) vs zkEVM โ€”> why Starknet decided not to be EVM compatible and why it's good news for end users ๐Ÿ‘‡๏ธย 

After understanding Starknet's vision, it's important to dive into its roadmap. Here are some resources to help you do so:

  1. Thread explaining Starknet's overall roadmap in simple terms ๐Ÿ‘‡๏ธย 

  1. Starknet v0.12 and v0.12.1 โ€”> goals and explanation of Starknet's short-term roadmap ๐Ÿ‘‡๏ธย 

  1. Volition, fee market, and EIP4844 โ€”> goals and explanation of Starknet's medium-term roadmap ๐Ÿ‘‡๏ธย 

  1. Medium-term bonus โ€”> L3, Madara, Kakarot, appchains ๐Ÿ‘‡๏ธย 

  1. Long-term roadmap: decentralization โ€”> everything you need to know about the Starknet decentralization ๐Ÿ‘‡๏ธย 

Take a deep dive into the Starknet ecosystem with these four threads:

  1. Learn about AVNU, the Starknet DEX aggregator ๐Ÿ‘‡๏ธ

  1. Discover SithSwap, the innovative hybrid AMM ๐Ÿ‘‡๏ธ

  1. Find out about the best tools for optimizing your time and money on Starknet ๐Ÿ‘‡๏ธ

  1. Understand storage proofs and their benefits for Starknet ๐Ÿ‘‡๏ธย 

๐Ÿ‘๏ธ Stay on the Pulse of Starknet - Never Miss an Alpha Again!

Join my Starknet community Discord to stay up-to-date with all the latest news from the Starknet ecosystem and be among the first to know all the important news. Whether you're new to or experienced with Starknet, this free Discord community is perfect for you, and will help you become a true Starknet OG.

Don't delay and join us now ๐Ÿ‘‡๏ธย 

And subscribe to this newsletter to receive a 10-minute reading of a week's worth of Starknet news every Monday!

None of the content of this newsletter is financial advice. Always do your own research.

Thank you for reading, and see you next month for this new format. โณ

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