Cointime

Download App
iOS & Android

Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th

Cointime Official

Astar Network, a smart contracts platform for multichain, is thrilled to announce that it will launch Smart Contracts 2.0 – the WebAssembly (WASM) smart contracts that extend the Web3 functionality of EVM – on the mainnet at 14:00 UTC on Thursday, April 06th. With this technical update, Astar Network will support both Ethereum Virtual Machine (EVM) and WASM VM smart contracts on the mainnet.

Astar Network is hosting a virtual celebration with the entire Web3 community, called WASM Launch Day. Interested developers, Web3 enthusiasts, and those new to crypto can RSVP for the live panel discussion on WASM Launch Day here. Astar’s Founder Sota Watanabe, Head of Growth Maarten Henskens, and Polkadot developers along with the leading infrastructure teams will discuss how WASM will revolutionize blockchain.

With our next level smart contracts, you can create a WASM or EVM project, and you can create new multichain applications. Anyone can also connect their Astar project to any Polkadot or EVM ecosystem. There are no limitations on what you can build. This is the next level of smart contracts! ” said Sota Watanabe, Founder of Astar Network.

Moreover, Astar Network will hold a virtual meet-up with Parity, Phala, DIA, SubWallet, Brushfam & Subsquid– the infrastructure partners that will build the foundation of Astar’s WASM environment. Developers will also be apprised of how to create a promising multichain network on Astar.

On April 6th, Astar Network will become the first Polkadot parachain to support a stable WASM environment by enabling ink! smart contracts. Software developers will be able to build with Polkadot, too, thanks to the XCM functionality.

Astar Network supports both the Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contract environments. Having two VMs simultaneously and making them interactive is a key success factor for an emerging Layer-1 blockchain. Though Ethereum brought us the Web3 revolution with the introduction of smart contracts, it cannot build the innovative future of blockchain alone.

WASM VM enables new developers to begin their Web3 journey on Astar since it is compatible with many programming languages including C/C++, GO, TypeScript, Java, and RUST. Developers don’t need to learn a new programming language from scratch to start building. They can build with the language they are already familiar with. The variety of tools and resources used by software developers can now be integrated with Astar technology.

As one of the leading teams pushing WASM and EVM smart contract environments that allow developers to deploy dApps with ease, Astar is committed to bettering the infrastructure around Wasm and ink! within the Polkadot ecosystem.

About Astar Network

Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability with cross-consensus messaging (XCM) and a cross-virtual machine (XVM). Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for their code and the dApps they build.

One of the first parachains to come to the Polkadot ecosystem, Astar is a vibrant network that is supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.

Comments

All Comments

Recommended for you

  • Alliance of 314: The X314 contract is suspected to have a hidden additional issuance switch, developers should pay attention to verification

    Alliance of 314 issued a statement claiming that the contract of a certain 314 project has not been open-sourced on the blockchain. As for whether other platforms have open-sourced their contracts, there is a misconception that open-sourcing on other platforms is self-submitted and does not necessarily mean that the contract is deployed on the chain, so there may be unknown hidden issuance. Additionally, the said 314 project announced that it will soon launch a trading platform, and the first requirement for logging into a centralized exchange is to open-source the contract. Open-sourcing is the first thing that any project should do to ensure investor confidence. Referring to the open-sourcing of the 0.1, 0.5, and 0.9 versions before, it can be concluded that there is hidden code in the X314 contract, and therefore it cannot be open-sourced out of fear. The biggest risk warning: after decompiling and querying ethervm, it is highly suspected that a certain 314 has a hidden issuance switch to increase mining pool output and arbitrage. The field is as follows: 0x40c10f19mint(address,uint256). The risk alert level for this switch is the highest level, and generally, ordinary developers do not set this switch.

  • Binance Founder Faces Potential Three-Year Prison Sentence and $50 Million Fine for Money Laundering and Sanctions Violations

    Binance founder Changpeng Zhao has been recommended a three-year prison sentence by federal prosecutors for violating federal money laundering laws and sanctions. The Department of Justice argued that this sentence would hold him accountable for his intentional criminal conduct and send a message to the world. Zhao made a "business decision" to break the law to attract users, build his company, and line his pockets, according to prosecutors. Along with the prison sentence, DOJ lawyers also requested that Zhao pay the $50 million fine he agreed to as part of a plea deal. Zhao, who is a citizen of the UAE and Canada, has been released on a $175 million bond but must remain in the U.S. until his sentencing on April 30.

  • Market News: South Africa authorizes 75 companies as cryptocurrency service providers

    According to Jinshi news, South Africa has authorized 75 companies as cryptocurrency service providers.

  • Indonesian President: $8.6 billion laundered through cryptocurrency in 2021

    According to Golden Finance News, Indonesian President Joko Widodo stated that he has noticed signs of money laundering through cryptocurrency in 2021, amounting to $8.6 billion (IDR 139 trillion). In addition to cryptocurrencies and NFTs, the president emphasized the need to monitor other potential money laundering tools, including virtual assets, market activities, e-currencies, and AI-driven transactions. Mahendra Siregar, Chairman of the Financial Services Authority (OJK) Committee, responded to the President's directive, stating that when cryptocurrency regulation is transferred to the OJK next year, his agency will supervise these issues.

  • BTC breaks through $67,000

    Tthe market shows that BTC has broken through $67,000 and is now trading at $67,025.99, with a daily increase of 1.12%. The market is volatile, please be prepared for risk control.

  • Bitcoin spot ETF had a total net inflow of $31.6354 million yesterday, and the ETF net asset ratio reached 4.27%

    According to SoSoValue data, the total net inflow of Bitcoin spot ETF was $31.6354 million on April 23 (US Eastern Time).Grayscale ETF GBTC had a net outflow of $66.8838 million on April 23, and the historical net outflow of GBTC is $16.833 billion.The Bitcoin spot ETF with the highest net inflow on April 23 was BlackRock ETF IBIT, with a net inflow of $37.9233 million in a single day, and the historical total net inflow of IBIT has reached $15.479 billion.The second highest was the ARKB ETF from Ark Invest and 21Shares, with a net inflow of $33.282 million in a single day, and the historical total net inflow of ARKB has reached $2.267 billion.As of now, the total net asset value of Bitcoin spot ETF is $55.82 billion, and the ETF net asset ratio (the proportion of market value to the total market value of Bitcoin) is 4.27%, with a historical cumulative net inflow of $12.416 billion.

  • CZ announces Giggle Academy logo and design ideas

    CZ has released the Giggle Academy Logo and its design concept. He hopes that the logo can showcase youthfulness, fun, positive energy, and growth while continuing the "Binance tradition":

  • Ethereum liquidity re-staking agreement TVL exceeds US$9.4 billion, of which Renzo TVL increased by 12.34% in 7 days

    DeFiLlama data shows that the TVL of Ethereum's liquidity re-staking protocol has risen to $9.445 billion. The top five protocols ranked by TVL are:

  • MEME sector rose across the board, and BONK rose 81.4% in the past 7 days

    Golden Finance reported that according to data, the current market value of MEME coin is 57.872 billion US dollars, with a 24-hour increase of 2.1%. In addition, in the past 24 hours, the global trading volume of Meme coin has reached 5.6 billion US dollars. Among them:

  • Grayscale Ethereum Trust to be listed on NYSE Arca

    Grayscale Ethereum Trust (Grayscale ethereum trust) plans to go public on the NYSE Arca (New York Stock Exchange Growth Board Market) with the code "ETHE".