Starknet, the Ethereum scaling network built by StarkWare, says it is weighing a move to become its own blockchain. Its STRK token was up about 20% in 24 hours. The project cites quantum resistance by 2027 as the goal.
Starknet said it is considering a switch from Ethereum layer 2 to an independent layer 1. According to the project on X: "We are actively considering becoming an L1." The network would aim to become the first fully quantum-resistant network, with 2027 as its target.
The STRK token traded around $0.073 on Friday, up about 20% in 24 hours. That is more than double the roughly $0.03 it fetched in April, when StarkWare cut staff to chase revenue.
Why StarkWare's CEO wants control of security upgrades
StarkWare CEO Eli Ben-Sasson floated the idea in a thread on X, saying the quantum threat may be much closer than we think. He wrote that Starknet relies on Ethereum's security as an L2, so it can only be as quantum-safe as its base layer.
Ben-Sasson said Starknet needs Ethereum to move very fast, and that becoming an L1 is among the options if it does not. An L1 would let Starknet control its own security upgrades instead of waiting for Ethereum or Bitcoin to move first, he wrote.
Ethereum's roadmap targets 2029
Ethereum's roadmap targets core post-quantum infrastructure by around 2029, per ethereum.org. Ben-Sasson said Starknet could reach quantum resistance by 2027, two years before the end-of-2029 date he cited for Ethereum.
Becoming an L1 would also make Starknet responsible for its own safety and development, which could be a hurdle. The statement does not say how existing apps and users would move over.
No quantum computer can break these systems today, and experts disagree on when one might.
Source: Decrypt
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