It Was Announced that Polygon Labs and This Altcoin Collaborated to Move to zkEVM Layer 2!

Astar Network, a Layer 1 smart contract platform with extensive support for ecosystems such as Ethereum, Polkadot, and Cosmos, is collaborating with Polygon Labs, a leading Ethereum scaling developer, to release Astar zkEVM, a powerful Layer 2 solution.

Astar Network and Polygon Labs Joined Forces for zkEVM Layer 2

This strategic partnership leverages the Polygon CDK (Chain Development Kit), an open source code base specifically designed for the creation of zero-knowledge backed Layer 2 chains compatible with Ethereum.

“Asia is one of the most forward-thinking regions in the world when it comes to Web3 adoption,” said Sandeep Nailwal, co-founder of Polygon.

Nailwal highlighted the growing demand for transparency in trustless applications, an area where blockchains have tremendous potential.

Sota Watanabe, Founder of Astar Network, emphasized that their collaboration with Polygon Labs is a crucial step in enabling businesses to launch blockchain initiatives, thus strengthening Japan’s position as a Web3 pioneer.

Japan is at the forefront of crypto-friendly regions, with Prime Minister Fumio Kishida acknowledging the transformative potential of Web3.

With support from Coinbase Ventures and Binance Labs, Astar envisions playing a key role in this paradigm shift and aligning itself with national strategic regions focused on unlocking real-world use cases.

*This is not investment advice.