Cosmos-based Canto and Leading Polkadot Chain Astar Moves to Ethereum as Layer-2s
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Cosmos-based Canto and Leading Polkadot Chain Astar Moves to Ethereum as Layer-2s

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8 months ago

Canto, a Cosmos-based blockchain, and Astar, a leading Polkadot chain, have both announced that they will be moving to Ethereum as Layer-2 solutions.

Cosmos-based Canto and Leading Polkadot Chain Astar Moves to Ethereum as Layer-2s

Canto And Astar Are Moving To Ethereum as Layer-2s

Canto, a Cosmos-based blockchain, and Astar, a leading Polkadot chain, have both announced that they will be moving to Ethereum as Layer-2 solutions. The move is aimed at improving scalability and interoperability between different blockchain networks.

Canto is a layer-1 permissionless general-purpose blockchain on Cosmos with the goal of bringing the traditional financial sector on board with decentralized finance applications via open public infrastructure. Canto Commons has agreed to construct an Ethereum ZK rollup utilizing the Polygon Chain Development Kit (CDK).

Canto will gain access to the liquidity of Polygon's ecosystem through the use of a shared ZK bridge. Canto's validators and staking system will be unaffected by the migration.

Several protocols have recently revealed plans of building ZK layer 2 solutions using Polygon's CDK. Notably, leading Polkadot chain Astar revealed that it will begin developing its own Ethereum layer-2 scaling solution, Astar ZK-Ethereum Virtual Machine (EVM), which will also use Polygon's CDK.

Canto and Astar are both intended to facilitate cross-chain communication and interoperability among different blockchain networks. They will be able to harness the security and scalability of the Ethereum network while retaining their own unique features and functions by switching to Ethereum as Layer-2 solutions.

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