Zcash & Starknet: A Most Curious Affair! 🧐

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Oh, do pay attention, dears! It appears Starknet’s little token, STRK, has been causing a bit of a stir, hasn’t it? Linked, rather dramatically, to old Zcash and its… privacy proclivities. How terribly intriguing!

 

Starknet’s STRK, you see, has been rather flattered by attention this week, with whispers of a connection to the venerable Zcash. One does wonder if it’s all a bit overblown. 🙄

It’s apparently managed to hold onto some of its gains, though one suspects it may require something more than a fashionable narrative to continue rising. Goodness knows, these things are so frightfully fickle.

Starknet’s Zcash Roots – A Family History?

STRK apparently climbed a perfectly respectable 30% on Monday, according to those chaps at CoinGecko. A volume of over $800 million! Quite a performance, though one has seen more impressive.

This little surge stems, it seems, from analysts pointing out a rather direct line between Zcash and Starknet – shared founders, you know. And a mutual fondness for those delightfully obscure “zero-knowledge proofs.” Honestly, it all sounds terribly technical.

Zcash, for those who haven’t been paying attention (and really, one must try to keep up!), has been quietly championing privacy for years. Those early zero-knowledge proof systems! So marvellously discreet.

Starknet builds upon that, naturally. But with a focus on scale. STARK proofs, you see, which allow verification at a positively dizzying speed. It runs on Ethereum, which is all frightfully modern.

Analysts whisper that Zcash provides the privacy tools while Starknet provides the velocity. A rather clever combination, wouldn’t you agree? Opens the door for private activity at Layer 2 speeds, they say. How very convenient. 😇

Why the Comparison, Darling?

Some traders are suggesting Starknet is merely a continuation of Zcash’s earlier work. How… audacious!

This notion gained traction when someone pointed out Eli Ben-Sasson – co-founder of both Zcash and StarkWare. Such connections! It’s almost plot-worthy .

DeFi researchers (oh, those clever people) chimed in, arguing that Starknet takes Zcash’s privacy and places it within a programmable environment. Apps and agents, being private, naturally. It’s all rather…advanced.

People still don’t get what’s forming between and . built the strongest privacy layer. built the fastest proof system.Together, they’re creating programmable privacy at L2 speed.

Here’s what that means Zcash already nailed private transactions…

– Djani (@DjaniWhaleSkul)

Inflows to STRK have predictably increased, placing it second only to Arbitrum in monthly inflows. Ah, the allure of the new and improved! 🤑

Programmable Privacy – Such a Fashionable Concept

Zcash has offered private transfers for ages, but lacked the scale and… programmability. Such a dreadful oversight!

StarkNet, however, built on STARK proofs, can verify privacy protections at a much faster rate. Marvellous!

This allows users to move funds privately, across apps, games, and DeFi systems. Data protection, naturally. One must maintain standards, you know.

Analysts suggest this is superior to tools like Tornado Cash, as the privacy is built into the protocol itself, not reliant on a single application. Smart contracts, being private, are terribly chic. 😉

Inflows & Future Prospects

Artemis data places Starknet near the top of inflow rankings. Most astute, don’t you think?

Traders view these inflows as supporting the network’s development. The parallel with the trend toward privacy and scale in Layer 2 systems is… obvious.

Trading volume for STRK nearly hit $500 million Monday, then vaulted to over $800 million on Tuesday. Rather energetic, wouldn’t you say? The activity did help stabilise the price – which is always a relief.

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2025-11-12 08:15