Posts

Showing posts with the label mainnet

Astar Network announces mainnet launch for its Polygon-powered zkEVM

Image
Astar zkEVM mainnet is set to go live this month. A launch campaign dubbed “Yoki Origins” will commence immediately after the zkEVM mainnet Astar Network , a multi-chain smart contracts and Web3 infrastructure platform, has announced the mainnet launch of Astar zkEVM, a new Layer 2 scaling solution for Ethereum. Astar zKEVM is a zero-knowledge Ethereum Virtual Machine- compatible L2 powered by Polygon ’s Chain Development Kit (CDK). Popular in Japan and expanding across the globe, Astar Network, is the cross-virtual machine network that leverages Polygon and Polkadot technologies.  The platform revealed plans for the Astar zkEVM mannet launch last month, highlighting the benefits that compatibility with Ethereum smart contracts, toolset and wallets will bring to its growing community. Astar zkEVM to go live in late February According to Astar Network’s press release today, the new zkEVM L2 is expected to go live later this m...

Starknet L2 initiates test transactions from Ethereum mainnet

Image
The official Starknet Ethereum address made seven cross-chain transactions ahead of the anticipated launch of STRK, the protocol’s native token expected by Q2 2024.  Starknet transferred less than three STRK tokens between Ethereum’s mainnet and the project’s layer-2 network, per data seen on block explorer Starkscan. The action was likely part of an on-chain test exercise for the Ethereum-based scaling solution before developers rolled out the ERC-20 cryptocurrency. STRK test transactions | Source: Starkscan The transactions for users and network participants indicate progress toward STRK’s launch, which may accompany an airdrop and community rewards. The Starknet Foundation revealed 1.8 billion STRK tokens earmarked for its distribution plan in December last year.  Half that amount was designated network rebates to reward users already transacting on the L2 chain, crypto.news noted. Beneficiaries of the Early Community Member Program are also set to receive a portion o...