Polygon

<p>Astar Network, a prominent blockchain firm based in Japan, has recently unveiled Astar zkEVM, a layer-2 chain utilizing zero-knowledge technology, on March 5. This launch marks a significant milestone as it becomes the first layer-2 chain integrated into <a href="https://tradedog.io/astar-network-launches-astar-zkevm/" rel="noopener noreferrer nofollow">Polygon’s AggLayer</a>. Let’s explore what Astar zkEVM entails and the benefits it offers.</p><h2 id="header-0">What is Astar zkEVM? </h2><p>Astar zkEVM, built on Polygon CDK, is a high-performance Layer 2 scaling solution designed to seamlessly integrate with AggLayer, a protocol supporting multi-chain smart contracts. This integration facilitates cross-chain transactions between Astar and Polygon blockchains, enhancing interoperability and accessibility for businesses, developers, and users worldwide.</p><h2 id="header-1">Understanding AggLayer </h2><p>AggLayer, a pioneering protocol introduced by Polygon, revolutionizes blockchain network interaction and transaction mechanisms. By enabling aggregate zero-knowledge proofs (ZK-proofs), AggLayer facilitates multi-chain smart contracts, ensuring uniform cryptographic security and atomic composability across interconnected chains.</p><h2 id="header-2">Launch of Astar zkEVM </h2><p>The testnet was unveiled last month, followed by a successful mainnet launch, witnessing the deployment of 5,000 contracts and processing nearly half a million transactions. Notable developments include the creation of an NFT game for the Japanese Government’s Sports Agency by Deloitte and the introduction of the PACKS platform for trading tokenized Pokemon cards.</p><p>Sandeep Nailwal, co-founder of Polygon, highlighted the significance of this integration:</p><p>“Today marks an important initial step towards embracing communities into a seamless multi-chain ecosystem. With Astar and numerous other ZK-powered chains onboard soon, Polygon CDK and AggLayer are poised to bring internet-scale capabilities to the crypto world.”</p><h2 id="header-3">Benefits of Astar zkEVM </h2><p>Astar zkEVM offers various advantages for developers and users, enhancing the Web3 user experience by introducing unified liquidity, community engagement, and near-instant atomic transactions. Organizations in Japan are already leveraging Astar zkEVM for innovative projects, such as the KOKYO NFT initiative by Hakuhodo Inc. and Japan Airlines Co., aimed at tokenizing local experiences to boost tourism.</p><h2 id="header-4">Closing Thoughts </h2><p>The introduction of Astar zkEVM signifies a significant stride towards a more interconnected and accessible Web3 ecosystem. By leveraging zero-knowledge technology and integrating with Polygon CDK, Astar Network is paving the way for seamless cross-chain transactions and improved user experiences. With its emphasis on interoperability, scalability, and community engagement, Astar zkEVM is poised to shape the future of blockchain technology and drive innovation in various sectors worldwide.</p>

Astar Network introduces Astar zkEVM

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