Ah, Starknet (STRK) has ascended to new heights, reaching the illustrious Stage 1. This, according to L2BEAT, means that the network has officially shed the shackles of total dependency on the central team. Now, users are no longer at the mercy of a singular, godlike force. Enter Vitalik Buterin, the Ethereum co-founder, who has weighed in with his blessing, elevating Starknet to the rarefied ranks of Layer 2s that might just be worth a second glance—or even a third, if you’re into that sort of thing.
And yes, Buterin himself wasn’t just an observer. No, he too participated in the STRK token drop last year. Receiving his stash through Starknet’s LockedTokenGrant, he went ahead and shuffled over 2 million tokens from his Gnosis Safe to a mysterious, unmarked wallet nine months ago. All of this was done in perfect silence—no commentary, no neon lights flashing to signal a move. The blockchain data, however, caught the whisper of this transaction. It’s still unclear if that move was a quest for privacy, security, or maybe just a personal experiment in keeping things low-key. In the world of high finance, anonymity does have its perks, after all.
Welcome to the stage 1 gang @Starknet!
— vitalik.eth (@VitalikButerin) May 18, 2025
Stage 1, according to L2BEAT, means that Starknet has crossed a critical threshold—adopting safety measures that would make even the most paranoid developer feel a little less edgy. No more relying solely on the whims of insiders. Now, there’s a security council with a broader base of participants. If the sequencer goes rogue, the council has the power to intervene. It’s a backup plan for when things go sideways. Because, as history has taught us, when things can break, they will.
Before this moment, Starknet languished in Stage 0—where trust in developers was the only currency that mattered. And let’s be real, trust is often in short supply these days, isn’t it?
Next up? Stage 2. The holy grail of decentralization. The point where no one person, team, or council has the power to change the rules or freeze the users’ funds. That’s the dream. But Starknet isn’t there yet—no one is—but they’ve set their sights on this lofty goal by early 2026. The clock is ticking, and it’s only a matter of time before someone hits that mark. But will it be Starknet? Only time will tell, my friends.
And let’s not forget, Starknet isn’t planning to stop at Ethereum. They have their eyes set on bridging Ethereum with Bitcoin, turning Starknet into the first Layer 2 network to operate across both ecosystems. To support this ambitious vision, StarkWare, the masterminds behind it all, are hoarding ETH and BTC like they’ve just discovered a treasure chest buried deep in the blockchain.
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2025-05-19 12:17