Starknet Launches Five Committees to Expand Ecosystem
Starknet announced the establishment of five committees, each with a specific mission to help facilitate and expand the ecosystem. These committees are the Provisions Committee, the Risks Committee, the Security Committee, the User Experience Committee, and the Governance Committee.
Starknet: Provisions Committee
The Provisions Committee is responsible for planning, overseeing, and executing the provision of the Starknet ecosystem token – STRK. This committee is responsible for developing the terms and conditions of the token issuance, distribution, and trading. They are also responsible for setting up the token sale platform and vetting potential investors.
Risks Committee
The Risks Committee is responsible for mitigating risk and leveraging innovative technology to develop optimized solutions for the Starknet ecosystem. The Risks Committee will focus on managing the risks associated with the token sale and the risks related to the development and operation of the decentralized applications built on the Starknet platform.
Security Committee
The Security Committee ensures the network remains secure by establishing and monitoring security protocols. The Security Committee will ensure that the network is secure from malicious actors and any potential vulnerabilities in the code or architecture.
User Experience Committee
The User Experience Committee makes the user experience of using Starknet as smooth and intuitive as possible. This committee will work to develop an intuitive user interface and documentation that makes it easy for users to interact with the Starknet platform. They will also be responsible for creating and maintaining a support system for both new and existing users.
Governance Committee
The Governance Committee is responsible for overseeing the governance of the Starknet platform. This committee will develop rules and regulations that guide the decisions of all stakeholders in the network, as well as establish complaint procedures for users. The Governance Committee will also propose and vote on changes to the platform’s protocols.
In addition to establishing the five committees, Starknet announced that it is now ready to launch its first Governance vote, allowing members to approve the new upgrade for the scaling system’s mainnet. The upgrade will improve the speed and scalability of the network, allowing dApps to run faster and smoother than ever before.
The launch of the five committees and the upcoming Governance vote are significant steps forward for Starknet. These initiatives will help ensure the network’s long-term success by guarding against potential risks, providing a secure and user-friendly experience, and allowing users to have a say in the platform’s future. With these initiatives in place, Starknet has become one of Ethereum’s most successful layer-two scaling solutions.
