On July 12, Starknet V0.12.0 is anticipated to launch on the mainnet
Key Points:
- On July 4, the Ethereum Layer 2 network Starknet opened up for voting on Starknet v0.12.0 on the Georli test network.
- After a freeze on July 11, deployment to the mainnet is expected on July 12.
- The upcoming release focuses on reducing transaction latency and improving network performance.
On July 4, the Ethereum Layer 2 network Starknet was launched on the Georli test network to commence voting for Starknet v0.12.0.
The period for voting in the test has begun and will end on July 6. The official voting process for Starknet v0.12.0 will then begin, and it is scheduled to end on July 10. After the July 11 freeze period, Starknet v0.12.0 is likely to be deployed to the mainnet on July 12, according to the vote results.
StarkNet is a ZK-Rollup-style solution for Ethereum Layer 2 security. Any dApp can run, function, and expand indefinitely without putting Ethereum’s ability to aggregate and protect in jeopardy due to StarkNet’s dependence on the STARK system, StarkWare’s technological development.
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The Cairo programming language is used to create the network contract and operating system. This makes it possible to deploy and scale Dapps or smart contracts without having to use business logic.
The new mainnet would be available in a few weeks, Starknet had stated. In addition, according to the Starknet literature, the upcoming Starknet v0.12.0 release will focus on improving network performance to improve scaling and transaction latency.
To accomplish this, a brand-new Rust implementation of Sequencer will be created. To reduce transaction confirmation wait times and reduce network congestion, the Sequencer incorporates more efficient local storage and critical route logic.
The Starknet governance page suggests the following architecture for the Starknet Alpha v0.12.0 upgrade plan:
Period of integration: During the first seven days, integration of the stable version occurs.
Testnet time frame: deployment on the Goerli testnet for the first three days, voting for five days, and waiting for one day (the freeze period)
For a total of 17 days, install the main network the following day.
