Posted: December 26, 2023 12:05 PM Updated: December 26, 2023 12:05 PM
Correction and fact check date: December 26, 2023, 12:05 p.m.
briefly
Astar Network founder Sota Watanabe announced the launch of the Astar zkEVM mainnet, scheduled to launch in early 2024.
Sota Watanabe, founder of Polkadot smart contract platform Astar Network. Asta zkEVM Mainnet. A new layer 2 solution built on Ethereum ice creamIt is scheduled to be released in early 2024.
Astar Network currently has over 15,000 wallets created on Astar’s zkEVM, averaging 4,000 transactions per day and 300,000 successful transaction executions since testnet launch.
Recently, the network’s cumulative gas usage increased from 100 billion to 250 billion gwei. This represents a surge in decentralized application (dApp) deployments, smart contract activity, and increased developer engagement.
Growth in smart contract deployments has been consistent since the launch of the Astar Network testnet, suggesting a strong developer ecosystem with 3,000 smart contracts deployed on the Astar zkEVM testnet and a more than 50% increase in the number of verified contracts in December.
Additionally, Astar Network’s essential infrastructure landscape is evolving with 13 infrastructure and tool providers deployed on Genesis Block, including block explorers, oracles, bridges, and account abstraction.
The project added Gelato VRF to give developers access to verified sources of randomness, and access to Gelato’s bundler and paymaster via the ZeroDev application SDK, unlocking full ERC4337 accounting abstraction for web2 UX.
Layer 2 solution for scalable Web3 experiences on Ethereum
Astar zkEVM is a new layer 2 solution designed to extend web3 experiences on Ethereum using zero knowledge (ZK) technology. The project introduces an EVM-equivalent environment to the protocol by integrating existing smart contracts, developer tools, and wallets on Ethereum.
The solution aims to accelerate the adoption of blockchain technology on a global scale by providing a variety of options for global enterprises.
With a robust infrastructure and growing ecosystem, Astar Network’s launch of the Astar zkEVM mainnet is an important step toward providing a scalable and versatile layer 2 solution for global enterprises embracing blockchain technology on Ethereum.
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Alisa is a reporter for Metaverse Post. She focuses on everything related to investing, AI, metaverse, and Web3. Alisa holds a degree in Art Business and her expertise lies in the fields of art and technology. She developed a passion for journalism through writing about VCs, notable cryptocurrency projects, and participating in science writing.
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alice davidson
Alisa is a reporter for Metaverse Post. She focuses on everything related to investing, AI, metaverse, and Web3. Alisa holds a degree in Art Business and her expertise lies in the fields of art and technology. She developed a passion for journalism through writing about VCs, notable cryptocurrency projects, and participating in science writing.
more articles