Astar Network Introduction 2021 July

Transcript

1. Sota Watanabe sota@astar.network
   Astar Network (Formerly Known As Plasm)
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2. Astar Network is the premier dApp hub Parachain

   on Polkadot, supporting EVM, WASM, Layer2 and 

   multiple L1 chains such as Ethereum and Cosmos.
   1 Astar Network In One Sentence
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3. 2
   • Polkadot’s Relaychain doesn’t support smart
   contracts by design.
   • EVM compatibility is everywhere. This is a
   default feature for Polkadot Parachains.
   • Platforms are all about “Network E
   ff
   ects” but
   generally there are no
   fi
   nancial incentives for
   early developers to deploy smart contracts.
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   Problem
   

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4. 3
   DApp Staking
   X-VM (Cross Virtual Machine)
   Layer2 Solution
   DApp Staking is the system to distribute
   basic income to developers on Astar
   Network. By building a product on Astar,
   developers can earn $ASTA tokens from
   block rewards based on their performance
   and decentralized voting. This serves as a
   strong incentive for developers to choose
   Astar.
   Astar supports both EVM and WASM.
   
   Solidity, Parity ink! and other WASM 

   compatible smart contracts can be deployed

   on Astar. Smart contracts on EVM can 

   interact with those on WASM and vice versa.
   Astar is supporting Plasma and Rollups.
   
   Rollups contracts on Ethereum can be used

   on Astar as well.
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   Solution
   

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5. 4
   “WebAssembly is the future 

   but legacy EVM is right now.”
   “You see, the problem with EVM is
   it’s a hugely opinionated design. It
   derives from an already very
   opinionated design, which is the
   Bitcoin script design,” Wood said.
   His team wanted to give developers
   a very non-opinionated format to
   work with, and that’s WebAssembly
   .
   
   Dr. Gavin Wood, founder of Ethereum
   and Polkadot.
   Credit: Coindesk
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   WASM
   

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6. 5 Ethereum Virtual Machine
   We already support various Ethereum development tools. You can deploy Solidity
   contracts just like you deploy contracts on Ethereum. Check out our documentation here.
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7. 5
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   Astar Network Portal
   Astar Network Portal
   allows people to deploy
   and manage dApps while
   earning $ASTA tokens.
   Coming Soon!!
   

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8. 6
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   Astar Token
   

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9. 7 Token Economics
   Docs: https://docs.astar.network/learn/token-economics/token-allocation
   
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10. 8 Ecosystem
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11. 8 Achievements
    7 Web3 Grants First Parachains 150K+ ETH
    40+ Projects Community Technical Innovations
    Astar Network’s core team has
    received 7 grants from Web3
    Foundation. (Plasma, Optimistic
    Virtual Machine, ink! Playground, ZK
    Rollups, ZK Plonk, ECDSA, ECDSA
    hardware)
    Astar Network is the
    fi
    rst Polkadot
    testnet Parachain. Shiden Network, a
    sister network of Astar, is the third
    Kusama Parachain
    TVL through lockdrops.
    Astar conducted multiple lockdrops

    with ETH in 2020 and 2021. More than 

    150K ETH has been locked in our

    smart contracts.
    Currently, Astar is working with more

    than 40 projects (Infrastructure, 

    DeFi, DAO, NFTs)
    
    Especially, Astar is focusing on the
    NFTs space
    There are more than 30,000 members

    across Telegram, Discord and WeChat.
    
    We graduated from the UC Berkeley
    Xceleration program, Web3 Bootcamp,

    and LongHash Acceleration Program.
    We have deployed the
    fi
    rst smart
    contract on the Polkadot testnet.
    
    We have successfully completed the
    fi
    rst cross chain message passing
    (XCMP) on the Polkadot testnet.
    

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12. 9 Reference: Building on Polkadot
    

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13. 9 Reference: Building on Astar Network
    Astar Network is a Polkadot dApp hub supporting
    
    Ethereum Virtual Machine, WebAssembly, and layer2 

    solutions.
    Astar Network supports both
    WASM and EVM. So, developers
    can deploy Solidity contracts on
    Astar Network with existing
    Ethereum tools such as
    Metamask and Remix. In
    addition to that, they can also
    deploy Solidity contracts on
    WASM with Solang, a Solidity to
    WASM compiler written in Rust.
    1 Ethereum Solidity 2 Parity ink!
    ink! is an original smart
    contract language on Substrate
    made by Parity Technologies.
    
    Astar Network supports ink! to
    build a solid and high
    performance DApps.
    

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