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Starknet is back online, with the 18-minute trading window affected. The official promises to release a comprehensive analysis report.
Ethereum Layer 2 network Starknet has resumed operation and is fully running after experiencing a fault. The official confirmation states that transactions submitted between 09:24 and 09:42 UTC may not have been processed correctly, but emphasizes that user funds were not affected. The network was down for over 2 hours, and currently, the STRK token price remains stable. The official has promised to release a comprehensive post-incident review report.
Complete Timeline of the Fault and Recovery
According to the latest updates, the fault and recovery process of Starknet is as follows:
Scope of Impact and User Security
Affected Transaction Range
Although the network was down for over 2 hours, the official clarified that only transactions submitted within the specific time window (UTC 09:24-09:42) might not have been processed correctly. This means:
Token Price Performance Remains Stable
According to relevant data, despite the network fault, the STRK token price remained stable at around $0.08898. Market confidence in Starknet has not been significantly shaken by this incident. This reflects investor recognition of the project’s recovery capability.
Technical Background of Starknet
Starknet adopts ZK-rollup (Zero-Knowledge Proof aggregation) architecture, as an Ethereum Layer 2 solution. Its working principle is to batch process transactions and then submit them to the Ethereum mainnet for settlement. This design improves throughput and reduces costs but also requires high operational reliability. The recent fault exposed vulnerabilities under high load or abnormal conditions.
Official Response and Future Plans
According to official statements, the Starknet team commits to releasing a full review report, which will include:
This demonstrates a proactive attitude from the official side, aiming for transparency with the community and taking steps to prevent similar incidents in the future.
Summary
Although Starknet’s recent fault affected transactions within a specific time window, the network has been successfully restored and is fully operational, with user funds secured. Market reactions show that the STRK token price remains stable, indicating community confidence in the project’s recovery ability. The promised comprehensive analysis report will provide deeper insights for ecosystem participants, which is beneficial for enhancing the operational transparency and reliability of Layer 2 networks. Monitoring the official analysis and improvement measures will be key moving forward.