CDS Crypto News Astar Network team up with Polygon to launch Ethereum Layer 2 scaling solution Astar zkEVM
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Astar Network team up with Polygon to launch Ethereum Layer 2 scaling solution Astar zkEVM

Astar Network and Polygon Labs Collaborate on Astar zkEVM, an Ethereum Layer 2 Scaling Solution.

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Astar Network to Unveil zkEVM Ethereum Layer 2 Supported by Polygon

Crypto News- Astar Network, a Layer 1 smart contract platform supporting the Ethereum, Polkadot, and Cosmos ecosystems, is collaborating with Ethereum scaling developer Polygon Labs to introduce its Layer 2 solution, Astar zkEVM.

Astar Network team up with Polygon to launch Ethereum Layer 2 scaling solution Astar zkEVM

The Japanese blockchain project plans to leverage the Polygon CDK (Chain Development Kit), an open-source codebase designed for launching zero-knowledge-powered Layer 2 chains for Ethereum, in the development of Astar zkEVM, as stated in an official announcement.

Polygon co-founder Sandeep Nailwal expressed, “Currently, Asia stands as one of the world’s most forward-thinking regions in terms of web3 adoption. Collectively, we believe there is a substantial demand for transparency in trustless applications that blockchains can provide to Japan.

Astar Network team up with Polygon to launch Ethereum Layer 2 scaling solution Astar zkEVM
Astar Network team up with Polygon to launch Ethereum Layer 2 scaling solution Astar zkEVM 1

Collaborating closely with Polygon Labs, Astar Network founder Sota Watanabe emphasized that Astar aims to facilitate the initiation of blockchain initiatives for enterprises, bolstering Japan’s position as the hub of the web3 movement.

Notably, Astar isn’t the pioneer in adopting Polygon’s zkEVM technology, as Polygon Labs has recently been instrumental in developing individual zkEVM chains for Immutable, IDEX, and Palm Network.

Layer 2 blockchains deployed using the Chain Development Kit (CDK) can seamlessly connect to a shared ZK bridge to ensure interoperability, as highlighted by Polygon Labs in their recent software tool release.

The zkEVM solution offers Ethereum-compatible scalability for applications, allowing them to utilize the same code as Ethereum. This affords developers the advantage of leveraging existing tools and infrastructure for smoother integration.

ZK-rollups perform off-chain computations on the Layer 2, resulting in quicker and more cost-effective transactions while upholding Ethereum’s security standards. Astar Network’s focus is on enhancing blockchain adoption in Japan by attracting global entertainment and gaming projects to enter the market.

Astar Network team up with Polygon to launch Ethereum Layer 2 scaling solution Astar zkEVM
Sources:theblock

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