StarkNet is a decentralized Layer 2 network live on Mainnet, aimed at providing massive scaling solutions for Ethereum. It allows for fast transactions and low costs, making it a viable solution for developers and users seeking scalable blockchain solutions. StarkNet operates by producing STARK proofs off-chain and sending those proofs on-chain, ensuring Ethereum-level security. Additionally, developers have the freedom to deploy any business logic on StarkNet, benefiting from features like Cairo and Account Abstraction. StarkNet also promotes innovation and easy development through its Ethereum-level composability.
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