governance

Starknet launches 7-day vote on leaving Ethereum over quantum risks

2Importance
closedStatus
8News media
9Pieces
Published
Updated
Since then
8 new reports

Starknet opened a seven-day, non-binding vote asking STRK holders whether the network should study becoming an independent post-quantum Layer 1 instead of staying as an Ethereum Layer 2. The poll opened on Oct. 15 at 09:32 UTC and runs to Oct. 22, with stakers and delegators able to take part. One report also said STRK moved 25% as the vote began.

Key claims & sources

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The vote is framed around studying a move away from Ethereum to build a blockchain designed to resist future quantum attacks.
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A separate governance process would still be needed for any move away from Ethereum settlement.
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One report said STRK rose 25% as the vote on Starknet’s Ethereum split began.
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The proposal asks holders whether Starknet should stop being treated as an Ethereum layer-2 network and consider becoming a standalone layer-1 chain.
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Starknet opened a seven-day, non-binding poll asking STRK holders whether the network should research becoming an independent post-quantum Layer 1.
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The vote opened at 09:32 UTC on Oct. 15 and was set to close at the same time on Oct. 22.
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Anyone staking or delegating STRK can vote in the poll.

What it means

Starknet users who stake or delegate STRK, along with anyone following the network’s governance, have a live decision in front of them today. The poll is open now and runs for seven days, so the immediate change is that participants can register a view on whether Starknet should explore an independent post-quantum Layer 1 path.

In practice, the vote does not itself change Starknet’s Ethereum settlement setup, and a separate governance process would still be required for that. What exists now is a request to study a different structure, while the network remains an Ethereum layer-2 system unless later steps are taken.

Market reaction i

StarknetSTRK it is the asset of the company or protocol in the event
first headline
+7.6% 2 h before
-4.0% 4 h after
$0.0806price at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 15 09:45
+35 min
Oct 15 10:20
Cointelegraph context
Its angle: dependence, reduce
+2 h 35 m
Oct 15 12:20
The Defiant context
Its angle: settlement, delegators, community
+2 h 40 m
Oct 15 12:25
+4 h 11 m
Oct 15 13:56
CR Cryptopolitan context
Its angle: greenlights, designation, continuing; with quotes
+4 h 42 m
Oct 15 14:26
+5 h 9 m
Oct 15 14:54
Crypto Economy echo
No new facts: dependencies, architecture, independence; with quotes
+5 h 38 m
Oct 15 15:23
Unchained context
Its angle: availability, information, foundation; with quotes
+1 d 7 h
Oct 16 17:33
The Defiant echo
No new facts: announcement, actively, founder; with quotes

Has this happened before?

WhenWhat happenedFigure
28 days ago ‘Not fast enough’ – Starknet eyes Ethereum exit amid quantum fears event 2 actors in common · 4 news media
28 days ago Starknet Weighs Ethereum Split as STRK Surges 26% in 24 Hours event 2 actors in common · 2 news media
24 days ago ENS seeks DAO approval to activate upgraded Ethereum naming system event 1 actors in common · 3 news media
25 days ago Pyth Network Leads Crypto Movers as 63 of 89 Assets Decline event 1 actors in common · 3 news media
25 days ago ENSv2 Activation Proposal Would Halt New ENSv1 Registrations event 1 actors in common · 3 news media