Layer 2 Blocks

    layer2 StarkNet blocks

    Question

    How many layer2 StarkNet blocks have been accepted on Ethereum (L1) chain so far? How much fees have been paid(generated) to Ethereum network? Has StarkNet contributed to saving in transaction fees for its users?

    StarkNet

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    According to the result above, the total transactions are about 2872 transactions.

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    StarkWare built StarkNet, a permissionless decentralized STARK-based ZK-Rollup¹ operating as an L2 network over Ethereum. StarkNet allows any dApp to achieve unlimited scale for its computation — without compromising Ethereum’s composability and security.

    Different from today’s common Layer two extension options like Optimism And Referee, which integrates Optimistic Rollups engineering, StarkNet makes use of Zero-Knowledge Rollups, which aids verify transactions with no possessing to rely on other events, guaranteeing the decentralization of the Ethereum network. What’s extra, StarkNet’s withdrawal instances are also considerably a lot quicker than Optimism and Arbitrum, thanks to the advantage of Zero-Knowledge Rollups.

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    According to the bar chart above, it is clear that average transactions was around 12 until May 2022 which we can see that the figure almost doubled on May 10th. In addition, the highest number is 33 on May 12 and then decresed.