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Astar Network Introduction 2021 July

Astar Network Introduction 2021 July

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Astar Network

July 19, 2021
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  1. Sota Watanabe sota@astar.network Astar Network (Formerly Known As Plasm) Stake

    Technologies All Rights Reserved
  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 Stake Technologies All Rights Reserved
  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. Stake Technologies All Rights Reserved Problem
  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. Stake Technologies All Rights Reserved Solution
  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 Stake Technologies All Rights Reserved WASM
  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. Stake Technologies All Rights Reserved
  7. 5 Stake Technologies All Rights Reserved Astar Network Portal Astar

    Network Portal allows people to deploy and manage dApps while earning $ASTA tokens. Coming Soon!!
  8. 6 Stake Technologies All Rights Reserved Astar Token

  9. 7 Token Economics Docs: https://docs.astar.network/learn/token-economics/token-allocation Stake Technologies All Rights Reserved

  10. 8 Ecosystem Stake Technologies All Rights Reserved

  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.
  12. 9 Reference: Building on Polkadot

  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.