The Starknet (STRK) community has approved the v0.14.0 update proposal, marking a significant milestone for the network. The new version is scheduled to go live on the mainnet on September 1, 2025.
The update is considered the first major step in Starknet’s decentralization roadmap. This release introduces a multi-sequencer architecture and Tendermint consensus mechanism, while a pre-confirmation feature to speed up transactions and an EIP-1559-based fee market are among the innovations that will enhance the user experience.
The new architecture will enable multiple sequencers to sequentially generate blocks and achieve consensus. Thanks to the pre-approval system, transactions will receive status information within milliseconds, significantly increasing transaction processing speed. Regarding the fee mechanism, resource pricing will be optimized, with a minimum fee of 3 gFRI.
The Starknet team announced that there may be an outage of approximately 15 minutes during the implementation of the update.
In the long term, Starknet plans to gradually decentralize the management of sequencers and provers, starting with v0.14.0. The ultimate goal is to establish a truly decentralized sequencer and proof structure.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/major-update-approved-for-binance-listed-altcoin-date-also-announced/