Source: Cointelegraph Original: "{title}"

Ethereum Layer 2 (L2) scaling solution Starknet has launched the first phase of its subscription mechanism, allowing holders of its STRK tokens to subscribe and contribute to the network's security and functionality.

Now, participants with at least 20,000 Starknet (STRK) tokens can engage in separate staking to ensure network security and earn rewards. Participants with fewer tokens can delegate their tokens to validators, contributing indirectly.

The phased rollout of the program will initially have validators perform basic staking functions, including running full nodes and interacting with staking contracts. Over time, validators will take on more significant roles, such as block creation and validation.

StarkWare CEO Eli Ben-Sasson told Cointelegraph that this is a "very big deal" for the Starknet community, and Bitwise has already "joined as a public validator."

Related Link: Beware, Solana: Starknet will quadruple TPS in 3 months

The phased promotion will start with basic staking functions, including the introduction of staking protocols and staking authorization, laying the groundwork for future responsibilities and greater decentralization.

Ben-Sasson told Cointelegraph, "Ultimately, Starknet users will be able to order and validate Starknet blocks, thereby earning rewards." He emphasized the importance of a gradual rollout to ensure stability.

He said, "Remember, it took Ethereum three years to get this right, which is why the teams at StarkWare and the Starknet Foundation are using the first phase to study monitoring habits and on-chain data to inform further rollout of validator responsibilities."

Related: OP_CAT may launch Bitcoin within 12 months: Eli Ben-Sasson

The introduction of staking marks a milestone for the Starknet ecosystem, providing users with the opportunity to participate in governance and management.

Ben-Sasson explained, "The governance benefits will be realized in phases […] ultimately, token holders will be able to support the operation of the blockchain track."

In related news, Starknet achieved a record 857 TPS in stress testing, with an average of 127.5.

On October 29, the L2 solution reached a peak of 857 transactions per second (TPS) during controlled stress testing, setting a new milestone.

Ben-Sasson stated that the test demonstrated Starknet's ability to scale without compromising network integrity, averaging 127.5 TPS over 24 hours.

The stress test simulated a high-demand gaming environment, showing increased throughput and faster transaction speeds, as Ben-Sasson described, showcasing Starknet's "firepower."

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