$0 USD

AUGUST 2024

GLOBAL

STARKNET

DESCRIPTION OF EVENTS

"Starknet is the secure scaling technology bringing Ethereum’s benefits to the world."

 

"Starknet is a permissionless Validity-Rollup, also known as a zero-knowledge rollup (ZK rollup) for Ethereum. As a Layer 2 (L2) blockchain, Starknet enables any dApp to achieve massive computation scale without compromising on Ethereum’s composability and security.

 

Starknet aims to achieve secure, low-cost transactions and high performance by using the STARK cryptographic proof system. Starknet contracts and the Starknet OS are written in Cairo, a custom-built and specialized programming language."

 

"Starknet utilizes the power of STARK technology to ensure computational integrity. By validating off-chain transactions with advanced math and cryptography, Starknet overcomes Ethereum’s scalability limitations. Starknet is a Validity Rollup that provides unlimited scale while retaining Ethereum’s security and decentralization."

 

"Starknet offers efficient and user-friendly experiences by employing Native Account Abstraction. All accounts are smart accounts: their behavior is determined by their developers rather than at the protocol level. This means unparalleled flexibility in account management. Developers can customize their applications beyond protocol constraints to elevate user experience and security."

 

"Starknet is home to the fastest-growing Layer 2 (L2) developer community due to its novel approach to scaling Ethereum and making it economically feasible to build even the most complex dApps. The Developer Hub provides a variety of manuals and resources for builders, by builders, on how to get started on Starknet."

 

"Did you miss our first Starknet Provisions Airdrop? Don't worry - There's still more! Starting from today, we will be releasing 10% of our remaining $STRK tokens to the community with a Claimdrop. Check eligibility and claim your allocation below."

 

"Did you miss our first Starknet Provisions Airdrop? Don't worry - There's still more! Starting from today, we will be releasing 10% of our remaining $STRK tokens to the community with a Claimdrop. Check eligibility and claim your allocation below."

 

Reportedly none.

 

"Our Discord is currently compromised. Please do not interact with the server, click any links, or respond to any messages until further notice. We are working to resolve the issue and will provide updates through official channels. Stay vigilant and protect your information."

 

"On Thursday evening the Starknet Discord came under attack. While the attackers were able to temporarily take over the server and post malicious links, we were able to quickly regain control.

 

The attacker’s goal was to scam users through these links, but through the quick work of StarkWare & SNF security teams and wallet partners we were able to prevent any harm to the community from the attack.

 

We have rebuilt all of the channels, and the server is now live again with enhanced security features and improved channel organization. We are also conducting a security audit and welcome your feedback on the updated channel layout."

Starknet aims to create a more secure layer 2 Ethereum scaling solution with a custom programming language for users. Through undisclosed means, the Discord channel of Starknet was compromised and phishing links were posted for hours, promising users an airdrop of Starknet tokens if they approved a malicious transaction. It appears that there were no victims in this case, and no funds were lost from users.

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

Get Social

  • email
  • reddit
  • telegram
  • Twitter

© 2021 Quadriga Initiative. Your use of this site/service accepts the Terms of Use and Privacy Policy. This site is not associated with Ernst & Young, Miller Thompson, or the Official Committee of Affected Users. Hosted in Canada by HosterBox.