Astar zkEVM Mainnet Set to Launch in 2024

The mind behind the Polkadot Smart Contract platform, Sota Watanabe, has officially disclosed the launch details. Astar Network The upcoming mainnet is a novel Layer 2 solution that operates on Ethereum and is expected to debut in early 2024. Astar zkEVM Currently, Astar Network boasts over 15,000 wallets registered on its zkEVM, handling an impressive average of 4,000 transactions daily and achieving a total of 300,000 successful transactions since the launch of the testnet. Gelato Recently, there has been a notable increase in the network's total gas consumption, rising from 100 billion to 250 billion gwei, a clear sign of heightened activity related to decentralized applications (dApps), smart contracts, and increased involvement from developers.

The growth of smart contracts on the Astar Network has been steadily climbing since the introduction of the testnet, reflecting a vibrant developer ecosystem with 3,000 smart contracts launched and a significant growth of over 50% in the number of verified contracts in December alone.

Furthermore, the ecosystem of Astar Network is developing rapidly, with 13 infrastructure and tool providers already integrated into the Genesis Block, which includes essential services such as block explorers, oracles, bridges, and Account Abstraction. decentralized application Developers now have access to a Verifiable Random Function (VRF) allowing them to source reliable randomness, along with Gelato’s bundler and paymaster features accessible through the ZeroDev application SDK, enabling full ERC4337 Account Abstraction for a seamless web2 user experience.

This Layer-2 Solution is engineered to enhance the scalability of the Ethereum-based web3 experience using zero-knowledge (ZK) technology. The initiative introduces an EVM-compatible environment into its framework, enabling compatibility with existing smart contracts, developer tools, and wallets on the Ethereum platform.

This innovative solution is designed to be a flexible choice for companies worldwide, fostering the broader adoption of blockchain technology across the globe.

The project has added Gelato The forthcoming launch of Astar’s zkEVM mainnet, complemented by its robust infrastructure and expanding ecosystem, represents a pivotal milestone in delivering a scalable and adaptable Layer 2 option for global organizations diving into blockchain capabilities on Ethereum.

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Astar zkEVM is the new Layer 2 solution Alisa, a passionate journalist at Cryptocurrencylistings, focuses on the realms of cryptocurrency, zero-knowledge proofs, investments, and the vast field of Web3. With her sharp awareness of emerging trends and innovations, she provides in-depth coverage that informs and captivates readers in the dynamic world of digital finance.

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