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Home Crypto News

Astar Network Teams Up with Polygon Labs to Launch Astar zkEVM, an Ethereum Layer 2 Solution

Rida Sarwar by Rida Sarwar
September 13, 2023 - Updated on September 16, 2023
in Crypto News
Reading Time: 2 mins read
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Astar Network Teams Up with Polygon Labs to Launch Astar zkEVM an Ethereum Layer 2 Solution

Astar Network Joins Polygon Labs

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Key Takeaways

  • Astar Network partners with Polygon Labs to introduce Astar zkEVM, a revolutionary component bridging centralized and decentralized finance.
  • Astar Network, built on Polkadot, offers a secure and scalable environment for DApp and service development.
  • zkEVM combines zk-rollups and Ethereum’s EVM, enhancing security and scalability while simplifying blockchain integration, with a testnet going live in Q4.


As the bridge between centralized and decentralized finance continues to be bridged, Astar Network and Polygon Labs have announced their collaboration. The launch of Astar zkEVM is expected to be a core component of this collaboration. Let’s dive into the details. 

💥 Supernova is here! 💥

We are excited to announce that we will work with @0xPolygonLabs!

Together, we will deliver Astar zkEVM: the Ethereum Layer 2 scaling solution powered by Polygon's CDK.

Here, @WatanabeSota & @sandeepnailwal share this groundbreaking announcement. pic.twitter.com/23hSlvUu1G

— Astar Network (@AstarNetwork) September 13, 2023
Astar Network announces development

The Collaboration 

Astar Network is a blockchain platform that aims to revolutionize the decentralized web. The platform aims to do so by offering a comprehensive solution for developers to create, manage, and deploy decentralized applications (DApps) and services. Built on the Polkadot ecosystem, Astar Network provides a secure, scalable, and interoperable environment for blockchain development.

Their collaboration with Polygon Labs, a leader in Ethereum Scaling solutions, is one of a kind. The goal of this collaboration is to enhance security and streamline integrations to create more accessible blockchain experiences. 

zkEVM combines zk-rollups and Ethereum’s EVM. It maintains trustlessness and enhances security while offering scalability and portability for existing EVM dApps. With this innovation, the Astar Tech Stack improves its potential to onboard enterprise partners and build use cases spanning from Japan to the global market. 

The next step in this development is that the testnet is going live in Q4, and there is currently a pending public release. All in all, the role of Astar Supernova and zkEVM is going to be crucial in Web3 adoption.

Source

Twitter

Tags: Crypto Market News
Rida Sarwar

Rida Sarwar

Rida Sarwar, a seasoned journalist with a knack for the new-age financial landscape. With 5+ years under her belt, Rida has an extensive background in Crypto, Fintech, and Blockchain journalism. Her analytical skills, coupled with her passion for decrypting complex tech phenomena, make her a reliable source for insightful, well-researched narratives. Guiding the uninitiated through the maze of the digital finance world, one article at a time. 📚💻🌐🚀

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