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Business · Cryptocurrency · published 2026-10-10 · via Hoka News / SEC Filing

StarkWare Endorses Starknet Transition to Independent Layer 1 Blockchain

StarkWare said making Starknet an independent Layer 1 is the strongest route forward, increasing its support for a possible change to the network's security architecture. The Oct. 10 statement did not include a governance proposal, launch date, bridge migration plan, or changes to the STRK token economics. Starknet currently settles on Ethereum and secures about $580 million in total value, according to L2BEAT.

Expanded Detail

StarkWare's Oct. 10 position followed an Oct. 8 remark by CEO Eli Ben-Sasson that independence could let Starknet handle security upgrades without waiting on Ethereum or Bitcoin. A day earlier, an official Starknet post framed the matter as an open question rather than a settled choice.

Today Starknet is a rollup that settles through Ethereum, submitting execution proofs and state data there while depending on Ethereum for settlement security. Its June 30 roadmap for quantum readiness connects bridge communications and Ethereum blob-based data publication to Ethereum's cryptographic upgrade, warning that turning off bridge functions too soon could break the bridge.

Context

If Starknet eventually becomes an independent Layer 1, bridge users, STRK holders, developers, and validators could face new migration steps, altered security assumptions, and governance decisions. Asset transfers between Starknet and Ethereum may become more complex during any transition, while quantum-resistance efforts could influence long-term trust. Because no proposal or timeline exists, these effects remain uncertain; the main near-term impact may simply be wider public debate about how blockchain networks balance independence with established settlement guarantees.

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “StarkWare Backs Starknet Layer 1 Shift as Path to Greater Independence.” Browse more stories.