It is just like any other day at crypto land, with another development to better the evolving Web3 space. The multi-chain decentralized application protocol, also known as dApp, Astar Network, has announced the launch of their second iteration of its smart contracts, which is set to take place on its mainnet on April 6, 2023.
The new launch will have the ability to support both Ethereum Virtual Machine (EVM) and WebAssembly Virtual Machine (WASM VM). Introducing the two virtual machines, the Astar team is claiming that having both the virtual machines while allowing interactions between the two is actually a “key success factor” that will help with an emerging layer-1 blockchain. The team also chimed in and said that even though Ethereum has been a huge part to bring about the Web3 revolution through its smart contracts feature, it is not possible for the network to build the future of blockchain all on its own. Therefore, the alternative that Astar Network is offering, is for the developers who wants to make use of the benefits from both EVM and WASM VM.
In the announcement sent to Cointelegraph by the Astor team, Sota Watanabe, the Astar Network founder explained that this new update will work together in allowing the creation of WASM or EVM projects within the network, as a result, it will also allow the inception of new multi-chain apps. As per the announcement sent by Watanabe, this new upgrade will let people connect their Astar project to any Polkadot or EVM-based ecosystems. Interesting!
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The countdown to Wasm Launch Day has begun!
Join @WatanabeSota @henskensm and @Polkadot on April 6th to launch Astar’s Wasm Revolution with Polkadot ink! smart contracts!
➡️ Sign up Here: https://t.co/tHGApJmyyW pic.twitter.com/R9w4YeUHTR
— Astar, Future of Smart Contracts for Multichain (@AstarNetwork) March 27, 2023
As a mode of celebration, the team has also opened the forum to the community members by inviting them to a panel discussion which will be led by the executives and various Polkadot developers in order to discuss how WASM can be of help. The company is also set to meet with its infrastructure partners who is going to build the foundations for the WASM environment.
The announcement about the Astor Network offerings comes soon after Polygon, the Ethereum layer-2 scaling solution, released its zkEVM beta to its mainnet, which will allow developers to deploy smart contracts at lower costs. Sandeep Nailwal, the Polygon founder, mentioned that zero-knowledge (ZK) proofs can be the “holy grail of Ethereum scaling.”
Did You Know? This release of Polygon’s zkEVM beta along with Astar Network’s launch of its second iteration of smart contracts have come to offer alternative solutions for developers who want to make use of the benefits of Ethereum scaling.
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Source: Cointelegraph
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