Astar Network to Launch Multichain Smart Contracts Supporting EVM and WASM VM

Astar Network's Dual Virtual Machines Bring Key Success Factor to Emerging Layer-1 Blockchain

Astar Network, a multichain decentralized application (DApp) protocol, is set to launch the second iteration of its smart contracts on April 6.

- Advertisement -

The updated version will support both Ethereum Virtual Machine (EVM) and WebAssembly Virtual Machine (WASM VM) on its mainnet.

This will enable the creation of WASM or EVM projects within the network and the development of new multichain apps.

According to Astar Network founder Sota Watanabe, this upgrade will allow people to connect their Astar projects to any Polkadot or EVM-based ecosystems.

Astar Network to Launch Multichain Smart Contracts Supporting EVM and WASM VM
Astar Network’s founder, Sota Watanabe.

Astar Network’s decision to simultaneously have two virtual machines and allow interactions between them is being touted as a “key success factor” in an emerging layer-1 blockchain.

- Advertisement -

While the Ethereum network has revolutionized the industry through smart contracts, Astar Network believes that the future of blockchain cannot be built on its own.

To celebrate the launch of its updated smart contracts, Astar Network is hosting a panel discussion led by its executives and various Polkadot developers to discuss how WASM can be utilized.

The company will also meet with its infrastructure partners to build the foundations for the WASM environment.

Read Next

Previous Articles:

- Advertisement -

Latest News

Soldier used military secrets for $150K crypto bets.

An Israeli reserve soldier and a civilian accomplice face charges for allegedly using military...

BitGo, 21Shares Expand ETF Staking & Custody Partnership

BitGo and 21Shares have expanded their partnership to provide custody, trading, and staking services...

North Korean Hackers Use Google’s Gemini AI for Cyber Recon

Google's threat intelligence team observed the North Korean hacking group UNC2970 using the generative...

Binance SAFU Fund Now Holds $1 Billion in Bitcoin

Binance has purchased $305 million in Bitcoin for its user protection fund, bringing its...

Jeffy Yu, Crypto Founder Who Faked Death, Allegedly Dies

Crypto founder Jeffy Yu is alleged to have committed suicide in Roseville on New...

Must Read

This is How to Buy and Sell Bitcoin

Now more than ever, there are a variety of ways to enter and exit the crypto market. While this is good, the availability of...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!