Starknet has initiated a vote among holders of its STRK token to decide whether to explore becoming an independent layer-1 blockchain. This move aims to reduce its dependence on Ethereum, particularly concerning Ethereum’s timeline for implementing quantum-security upgrades, according to CoinTelegraph.
The proposal reflects growing concerns in the crypto community about the potential risks and delays associated with Ethereum’s quantum-security transition. An independent layer-1 chain could give Starknet more control over its development and security roadmap.
For Japanese investors and traders, who closely monitor Ethereum-related projects due to their significant presence in the local crypto markets, Starknet’s potential shift could signal important changes in ecosystem dynamics and investment opportunities.