DApps For Ethereum (ETH) Are Presently Moving Smoothly To StarkNet

StarkNet, a mainstream L2 solution for Ethereum (ETH) network scaling, is ready to accomplish another major milestone as top Ethereum (ETH) dApps might launch on its rails.

DApps For Ethereum (ETH) Are Presently Moving Smoothly To StarkNet

Uniswap v3 comes to StarkNet: What is UniStark?

The team of StarkWare, StarkNet’s developer, announced that Uniswap (UNI), the largest Ethereum-based decentralized cryptocurrency exchange (DEX), might soon be available on StarkNet’s basis.

Solidity, a programming language for smart contracts on the Ethereum Virtual Machine (EVM), is used to create Uniswap v3. While this was going on, Cairo, the language used by StarkNet, was developed by ETH veterans at Nethermind as a tool to aid in the conversion of Solidity-written dApps.

A new tool called Warp is intended to transpile smart contracts created in Solidity to Cairo, bringing EVM to StarkNet. Nethermind engineers are creating UniStark, a StarkNet-based variant of Uniswap, using this state-of-the-art tool.

The team emphasizes that the instrument is not intended for commercial use, although it is available for testing on the Nethermind GitHub repository. The two parties will attend a Twitter Space conference to discuss the migration process on October 24, 2022.

Six-month high for StarkNet transaction volume – Ethereum

DApps For Ethereum (ETH) Are Presently Moving Smoothly To StarkNet

While this is happening, StarkNet adoption is gaining momentum as its transactional metrics continue to soar. Recently, StarkNet outperformed not only its L2 rivals Optimism (OP) and Arbitrum, but also ETH’s L1 and even Bitcoin (BTC).

According to data provided by StarkWare, their solution handled more than 12 million transactions over the course of the last several days.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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