{"id":260714,"date":"2024-03-07T16:56:38","date_gmt":"2024-03-07T11:26:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=260714"},"modified":"2024-03-07T16:56:38","modified_gmt":"2024-03-07T11:26:38","slug":"astar-launches-zkevm-mainnet-boasting-ethereum-interoperability-via-polygon-agglayer-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/astar-launches-zkevm-mainnet-boasting-ethereum-interoperability-via-polygon-agglayer-crypto-news\/","title":{"rendered":"Astar Launches zkEVM Mainnet Boasting Ethereum Interoperability Via Polygon AggLayer &#8211; Crypto News"},"content":{"rendered":"<p>Astar zkEVM is the second chain supporting AggLayer after Polygon zkEVM.<\/p>\n<div>\n<p>Astar Network, a leading project in the Polkadot ecosystem, has expanded onto Ethereum with the mainnet launch of its zkEVM Layer 2 validium rollup.<\/p>\n<p>Astar\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/astar.network\/blog\/astar's-zkevm-mainnet-is-live!-86096\">launched<\/a>\u00a0its zkEVM on March 6, with the network leveraging Polygon\u2019s\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=R5YSJ7ymAGY\">Chain Development Kit<\/a>\u00a0(CDK) \u2014 a modular open-source toolkit for building Layer 2 networks leveraging zero-knowledge (ZK) proofs.<\/p>\n<p>Astar zkEVM is also the first third-party network to integrate with Polygon\u2019s AggLayer \u2014 a cross-chain interoperability protocol facilitating atomic swaps among Ethereum\u2019s mainnet and Layer 2 networks. Polygon\u2019s zkEVM rollup also supports AggLayer.<\/p>\n<p>Through AggLayer, Astar described its zkEVM as driving groundbreaking interoperability between the Polygon, Ethereum, and Astar ecosystems. \u201cThis begins unifying state and liquidity and starts cross-chain interoperability between three major ecosystems: Polygon, Ethereum, and Astar Network,\u201d Astar said.<\/p>\n<p><!--$!--><!--\/$--><\/p>\n<p>&#8220;Today is an important first step to welcome communities to a seamless multi-chain ecosystem,&#8221; said Sandeep Nailwal, co-founder of Polygon. \u201cWith Astar and numerous other ZK-powered chains onboarding soon, Polygon CDK and AggLayer are poised to bring internet-scale capabilities to the world of crypto.&#8221;<\/p>\n<p>Astar Network is a Layer 1\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/polkadot-parachains-running-acala\">Polkadot Parachain<\/a>\u00a0hosting more than\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/portal.astar.network\/astar\/dashboard\">$700 million<\/a>\u00a0worth of assets. Its ASTR token is also the largest parachain token with a market cap of $864.5 million, according to CoinGecko.<\/p>\n<p>ASTR last changed hands for $0.154, marking a 24-hour drawdown of 1.5% but a 280% gain since mid-October.<\/p>\n<h2>Polygon AggLayer<\/h2>\n<p>The launch of zkEVM expands Astar\u2019s presence outside of Polkadot and into the Ethereum ecosystem through its adoption of Polygon\u2019s AggLayer.<\/p>\n<p>Polygon\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/docs.polygon.technology\/learn\/agglayer\/\">launched<\/a>\u00a0AggLayer in early February, describing the protocol as bypassing the centralization risks associated with conventional blockchain bridges.<\/p>\n<p>AggLayer also eliminates the frictions and withdrawal delays with transferring between networks within Ethereum\u2019s ecosystem without bridges \u2014 which otherwise would require users to transfer to and from the Ethereum mainnet when moving assets between Layer 2s.<\/p>\n<p><!--$--><\/p>\n<div class=\"relative flex items-center gap-2 rounded-md bg-[#191919] p-2 my-4 lg:hidden\">\n<div class=\"relative group  flex w-max items-center gap-2  p-2 text-sm text-white mx-auto\"><strong class=\"whitespace-nowrap w-min sm:w-auto bg-gradient-to-r from-[#9FF9D2] to-[#DB9FF9] bg-clip-text text-transparent\">DeFi Alpha<\/strong><span class=\"whitespace-nowrap  w-min sm:w-auto border-l border-white pl-1 lg:hidden\">Premium Content<\/span><\/p>\n<div class=\"tooltip font-heading shadow-cta absolute hidden lg:visible left-6 z-10 -top-[80px] w-max max-w-xs translate-y-full flex-col rounded-lg bg-[#EEEEF4] p-3 text-left text-xs text-black group-hover:flex lg:left-auto lg:right-4\">Looking for Alpha? Become a premium member of The Defiant and join our DeFi Alpha community.<\/p>\n<ul class=\"list-inside list-disc\">\n<li>DeFi Daily | Weekdays<\/li>\n<li>DeFi Alpha Letter | Weekly<\/li>\n<li>Defiant Podcast Transcript | Weekly<\/li>\n<li>Inbox Dump | Saturday<\/li>\n<li>Weekly Recap | Sunday<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/thedefiant.io\/go-premium#pricing\" class=\"disabled:bg-cta-disabled-background disabled:text-cta-disabled-text rounded font-semibold border-cta-primary-border bg-cta-primary-background text-cta-primary-text hover:border-cta-primary-border-hover hover:bg-cta-primary-background-hover ml-auto block p-2 text-center text-sm !text-black !no-underline shadow-newButton\">Start for free<\/a><\/div>\n<p><!--\/$--><\/p>\n<p>\u201cEach chain will have a local copy of the unified bridge root, enabling cross-chain transactions that don\u2019t require withdrawing to Ethereum or the security risks of third-party bridges,\u201d Polygon\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/polygon.technology\/blog\/aggregated-blockchains-a-new-thesis\">said<\/a>. \u201cNot only can users transfer assets between chains (bridge), but they can also trigger contracts on a different chain after the asset has arrived (call)\u2026 within a single transaction.\u201d<\/p>\n<p>For example, Astar zkEVM users can interact with smart contracts on Polygon zkEVM via AggLayer to make trades via decentralized exchanges or NFT marketplaces in a single transaction. \u201cFrom the end user\u2019s perspective, this will feel like using a single chain,\u201d Polygon said.<\/p>\n<p>Polygon also emphasized the benefits AggLayer offers to developers, highlighting that \u201cusers can interact with dApps without needing to know that they are accessing another chain.\u201d<\/p>\n<p>Polygon acknowledged that AggLayer users will initially experience some latency when transacting via the protocol, but added it is prioritizing the development and release of a second version of AggLayer that increases the speed of transaction finality by 2025.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Astar zkEVM is the second chain supporting AggLayer after Polygon zkEVM. Astar Network, a leading project in the Polkadot ecosystem, has expanded onto Ethereum with the mainnet launch of its zkEVM Layer 2 validium rollup. Astar\u00a0launched\u00a0its zkEVM on March 6, with the network leveraging Polygon\u2019s\u00a0Chain Development Kit\u00a0(CDK) \u2014 a modular open-source toolkit for building Layer [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":260715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-260714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=260714"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260714\/revisions"}],"predecessor-version":[{"id":260720,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260714\/revisions\/260720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/260715"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=260714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=260714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=260714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}