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Astar Easily Explained: Astar ZkEVM

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1 year ago

Astar ZkEVM is now live on Astar Network.

It’s even the first Layer-2 chain to fully integrate with Polygon’s AggLayer.

But what does that mean for Astar Network?

Let’s review

2/ What is Astar ZKEVM? 

Better scalability, efficiency, and interoperability with other networks.

The main features are:

Zero-Knowledge Rollups (zk-Rollups): Increasing transaction throughput and reducing fees.

Ethereum Virtual Machine (EVM) Compatibility:

Integration with Polygon’s AggLayer: Simply move assets between blockchains.

Focus on Scalability, Interoperability, and User Experience.

3/ What are the benefits?

New possibilities, more projects, additional users, and increased liquidity

1. Unified Liquidity and Interoperability:

Transactions now possible between major blockchain. 

2. Enhanced Scalability:

Improving transaction processing efficiency.

3. Allowing Japanese (first) companies to collaborate:

Hakuhodo Inc. and Japan Airlines Co., Ltd. are already collaborating on an exciting project called KOKYO NFT. 

4. Direct Connection to a $700M Ecosystem:

Offers new projects access. 

5. Unified Bridge:

Simplifies and secures transfers from Ethereum to Astar zkEVM. 

6. First Layer-2 Chain with Full Agglayer Integration:

Lead in blockchain tech advancements.

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Max.eth

Max.eth

Engineer & ex Head of Sales| I easily explain DeFi | @AstarNetwork @celestiaorg decoder| @token_titans | 🍊
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