"By mathematically verifying data across chains, storage proofs eliminate the need for third-party intermediaries, making the process more secure and cost-efficient," StarkWare wrote in a press release shared with CoinDesk. "For Snapshot X, this means users can vote based on assets held on one chain, while conducting governance on another, without transferring tokens or paying gas fees."
Snapshot Labs COO Jeremy Musighi told CoinDesk in a message over Telegram that when a user casts a vote on the platform, a proof of their holdings is sent to the layer-1 blockchain.
"On the contract side, Snapshot X verifies this proof," he said. "Once verified, we can be certain that the user indeed has the balance he claims to have on L1."
"From tomorrow, Sept. 10, until Sept. 13, STRK token holders will vote on a staking proposal through the Starknet Governance Hub, a custom-built interface for Snapshot X," StarkWare wrote.
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