Starknet layer2 network addresses the age-old problem of Ethereum blockchain which is scalability and mainstream adoption. Blockchain scalability has always been an issue whether it is Bitcoin or Ethereum. Whenever a huge amount of transactions take place on a blockchain, it struggles to execute all of them at once, increasing transaction costs and reducing processing times.
Starknet was developed on top of Ethereum blockchain to accelerate the transaction processing and to increase its user adoption. Thus, it holds the capability to reduce the gas fees as well. Let us understand what Starknet is and how exactly it enables scalability for Ethereum.
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