StarkNet Token Leads 24-Hour Crypto Gains, Horizen Falls Nearly 18%

Wednesday’s market saw StarkNet Token jump over 34%, while Horizen and other altcoins faced sharp declines.

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Terms & Concepts
  • StarkNet: A Layer-2 scaling solution for Ethereum, using zero-knowledge proofs to enable faster and cheaper transactions.
  • Altcoin: Any cryptocurrency other than Bitcoin, often used to describe smaller or emerging blockchain projects.
  • Layer-2 Scaling Solution: A secondary framework built on top of a blockchain to improve transaction speed and reduce costs.