The Starknet community has voted in favor of the Alpha version 0.13.0 update, which will enable transactions with the STRK token and Ethereum.
The update aims to introduce the payment of transaction fees with STRK, in addition to ETH, with STRK payments expected to be activated upon token launch.
The Starknet Foundation plans to distribute 1.8 billion tokens this year, with a focus on user rewards and a potential community airdrop.
The Ethereum Layer-2 network community, Starknet, has reached an important milestone by completing the voting process for the implementation of the Alpha version 0.13.0 update on the mainnet. This highly anticipated update will enable transactions with the native Starknet token, STRK, which has not yet been launched.
Support for the Starknet update has been overwhelming, with over 99.8% of participating delegates approving the update. V0.13 will mark the beginning of payment of transaction fees with STRK and ETH. Key participant Eli Ben-Sasson stated that the network eventually plans to move to exclusive use of STRK for transaction fees.
The update is scheduled to be implemented on January 10. However, the activation of STRK token payments will continue to be postponed until the launch of STRK, which could provide significant clues, especially for the airdrop.
In addition to paving the way for STRK fee payments, the v0.13 update is expected to reduce transaction costs and improve network performance. The team has announced that they anticipate a potential reduction in transaction fees of 25 to 50%.
The Starknet Foundation plans to distribute 1.8 billion tokens focused on user rewards this year and potentially conduct a community airdrop.
As part of this plan, the Starknet team initially targeted December 29 for the content creator reward event but later announced a postponement without specifying a new date. In the meantime, the crypto communities continue to speculate that the team is awaiting approval of a Bitcoin spot ETF before officially launching their airdrop.
