StarkNet Layer3: Appchain-Like Features with Lower Fees

IconCryptoNewsTerminal Staff13 Jun, 2024

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StarkNet Layer3: Appchain-Like Features with Lower Fees

StarkWare, the developer behind StarkNet (STRK), has unveiled plans to release "StarkNet Layer3." This new layer is characterized as similar to appchains, but with significantly reduced fees for both developers and users. The announcement was made via a post on Medium, where StarkWare elaborated on the benefits of StarkNet Layer3. According to the post, Layer3 will enable developers to create highly scalable applications with low transaction costs. StarkNet Layer3 is expected to be a game-changer for the StarkNet ecosystem. It will empower developers to construct more sophisticated and user-friendly applications while minimizing financial constraints. The release of StarkNet Layer3 is eagerly anticipated by the cryptocurrency community. It has the potential to revolutionize the way decentralized applications are built and utilized on StarkNet. ```

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