Astar
Astar Network is the Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.
The Problems Astar Solves
Astar Network focuses on making the best smart contract platform so that dApps developers on Polkadot do not need to pay much attention to infrastructure and can focus more on their dApp. Ideally, the developers can build whatever applications on Plasm Network without having to consider its scalability. Astar Network solves prominent issues: scalability and interoperability
Scalability on the Astar Network is addressing the followings topics:
- More Transaction Per Second (TPS)
- Cheaper transaction cost
- Faster finality
Interoperability
Many different blockchains exist but few have interoperability as a feature. To move "value" from Bitcoin to Ethereum, we need a centralized exchange. Polkadot is a sharded protocol that enables blockchain networks to operate together seamlessly. Astar Network is compatible with Polkadot. By connecting Astar Network to Polkadot, we will have true interoperability.