The Starknet team has taken a step that excited many network users with their actions regarding the airdrop event. Accordingly, the community of the Ethereum Layer-2 network Starknet has completed a voting process to continue implementing the Alpha version 13.0 update on the mainnet. Following this process, network transactions will be able to be completed with Starknet’s native token STRK, which has not yet been launched.
Noteworthy Update on Starknet Network
The proposal presented by the Starknet team received overwhelming support, with more than 99.8% of participating delegates approving it. The V.13 update will initiate payment of transaction fees using both STRK and Ethereum. Core participant Eli Ben-Sasson stated in an interview that the network plans to eventually transition to using only STRK for transaction fees.
The update is planned to be implemented on January 10th. However, the activation of STRK token payments will continue to be postponed until the launch of STRK. This step could also provide a significant clue, especially for the airdrop event.
In addition to laying the groundwork for enabling STRK fee payments, the v.13 upgrade is expected to reduce transaction costs and improve network performance. The team announced that they anticipate a potential reduction in transaction fees by 25-50%.
When is the Starknet Airdrop Event?
Starknet operates as a decentralized Layer-2 network on Ethereum using a zero-knowledge solution. This solution concentrates multiple transactions off-chain before batch publishing them on the Ethereum network. The Starknet Foundation, the organization behind Starknet, plans to distribute 1.8 billion tokens directed at user rewards this year and potentially conduct a community airdrop.
As part of this plan, the Starknet team had targeted December 29th for the content creators’ reward event but later announced a postponement without specifying a new date. Meanwhile, crypto communities, especially on social media platform X, continue to speculate that the team is waiting for the approval of a spot Bitcoin ETF before the airdrop event.
