Astar Network Partners with Polygon Labs to Introduce Layer 2 Solution, Astar zkEVM

Astar Network, a Layer 1 smart contract platform with cross-compatibility for Ethereum, Polkadot, and Cosmos ecosystems, is joining forces with Polygon Labs, a renowned Ethereum scaling developer. Together, they are set to launch an innovative Layer 2 solution named Astar zkEVM. This partnership marks a crucial milestone in the ongoing quest to enhance scalability, interoperability, and transparency within the blockchain space.

Astar Network, hailing from Japan, has chosen to leverage Polygon Labs’ Chain Development Kit (CDK), an open-source codebase specifically designed for launching zero-knowledge-powered Layer 2 chains tailored for the Ethereum network. This strategic decision underscores the ambition to harness cutting-edge technology to overcome the scalability challenges faced by existing blockchain networks.

Polygon co-founder Sandeep Nailwal emphasized the timeliness of this collaboration, stating, “As it stands today, Asia is one of the most forward-thinking regions in the world when it comes to web3 adoption. Together, we believe there is a strong demand for transparency for trustless applications that blockchains can bring to Japan.” This sentiment underscores the growing recognition of blockchain’s potential to revolutionize various industries in the Asian market.

Astar Network founder Sota Watanabe echoed this sentiment, highlighting the impact this partnership will have on the local blockchain ecosystem: “Working closely with Polygon Labs, Astar will also help enable enterprises to kickstart their blockchain initiatives, strengthening Japan’s role as the epicenter of the web3 movement.” The collaboration between Astar Network and Polygon Labs promises to facilitate the adoption of blockchain technology among enterprises in Japan, promoting innovation and trustless applications.

This isn’t the first time Astar Network has made headlines in the blockchain space. The project previously joined forces with the Japanese electronics giant Sony on a web3 incubation program. The program, which culminated in June, selected 19 projects from over 200 applications to launch on the Astar Network, showcasing the platform’s commitment to fostering innovation in the blockchain sector.

Polygon Labs, on the other hand, introduced its own zkEVM in March, emphasizing the importance of zero-knowledge-based Layer 2 solutions in scaling the Ethereum network. The race to develop a functional ZK-based Layer 2 solution capable of natively supporting Ethereum applications has been intensifying, with multiple projects, including Polygon, Starknet, ZkSync, and Scroll, vying to address the pressing need for scalability.

Read more:

Join us on Telegram

Follow us on Twitter

Follow us on Facebook

Follow us on Reddit

You might also like