Search results for STRK20
Crypto
StarkWare and Sui introduce auditable private transfer features
StarkWare and Sui have introduced new privacy features designed to conceal transaction details while still allowing audits and regulatory responses. StarkWare launched STRK20, an ERC-20 token privacy framework for StarkNet that can hide user balances and transaction data but permits disclosure in certain cases. CEO Eli Ben-Sasson (엘리 벤사손) said it does not itself determine legal compliance or guarantee regulatory approval. Sui also began an open beta for private transfers.
Crypto
How Ethereum layer2 can differentiate from layer1? Starknet\'s privacy push in focus
Competition among Ethereum layer2 networks has entered a new phase as Vitalik Buterin puts more weight on strengthening layer1. That leaves layer2 chains needing to differentiate in areas Ethereum cannot or does not pursue. A key word Buterin highlighted is privacy. Crypto media Bankless pointed to Starknet, a layer2 developed by StarkWare, and its STRK20 standard that makes ERC-20 tokens private by default through a “privacy pool.”
Crypto
Starknet unveils STRK20 framework to support privacy-focused stablecoins and assets
Starknet has unveiled the STRK20 framework to strengthen privacy and support teams issuing shielded stablecoins and other assets under regulatory compliance, The Block reported on Monday. Due to be applied to Starknet later this year, it provides token-level privacy for assets issued on the Ethereum layer-2 network while keeping transactions and balances private and ensuring compatibility with DeFi applications. It is designed to work with ERC-20 tokens.