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Astar Network Launches Second Iteration of Smart Contracts Supporting EVM and WASM VMs

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According to reports, the multi chain decentralized application protocol Astar Network will launch its second iteration of smart contracts supporting Ethereum Virtual Machines (EVM

Astar Network Launches Second Iteration of Smart Contracts Supporting EVM and WASM VMs

According to reports, the multi chain decentralized application protocol Astar Network will launch its second iteration of smart contracts supporting Ethereum Virtual Machines (EVM) and WebAssembly Virtual Machines (WASM VMs) on its main network on April 6th.

Astar Network will launch its second generation smart contract on the main network on April 6th

The multi-chain decentralized application protocol Astar Network has announced that it will be launching its second iteration of smart contracts supporting Ethereum Virtual Machines (EVM) and WebAssembly Virtual Machines (WASM VMs) on its main network on April 6th. This is a significant development that offers exciting opportunities for developers and businesses looking to leverage the power of blockchain technology.

Overview of Astar Network

Before delving into the details of the second iteration of smart contracts, it is important to understand what Astar Network is and what it offers. Astar Network is a multi-chain decentralized application platform that offers developers a range of tools and features for building and deploying blockchain-based applications. The platform is designed to be scalable, flexible, and interoperable, making it ideal for businesses and organizations looking to leverage the benefits of blockchain technology.
One of the key features of Astar Network is its multi-chain architecture. This architecture allows developers to build and deploy applications on multiple blockchains simultaneously, enabling them to take advantage of different characteristics and capabilities of various blockchains. Astar Network currently supports several blockchain networks, including Ethereum, Binance Smart Chain, and Polkadot.

The Second Iteration of Smart Contracts

The second iteration of smart contracts on Astar Network is a major development that extends the capabilities of the platform even further. The new smart contracts will support both Ethereum Virtual Machines (EVM) and WebAssembly Virtual Machines (WASM VMs), giving developers more options and flexibility when it comes to building and deploying blockchain-based applications.
EVM is the virtual machine that powers the Ethereum blockchain, and it is widely used by developers when building decentralized applications (dApps) and smart contracts. With Astar Network’s support for EVM, developers can easily port their existing Ethereum-based applications to the Astar Network ecosystem or build new applications from scratch.
WASM VMs, on the other hand, offer developers even more flexibility and faster execution times than EVM. This is because WASM VMs are more modular and lightweight than EVM, allowing for faster and more efficient execution of smart contracts. With support for both EVM and WASM VMs, developers can choose the virtual machine that best suits their needs and the requirements of their applications.

Benefits of Using Astar Network for Smart Contract Development

The launch of the second iteration of smart contracts on Astar Network is a significant development that offers several benefits for developers and businesses looking to leverage the power of blockchain technology. Some of the key benefits of using Astar Network for smart contract development include:
**1. Scalability:** Astar Network’s multi-chain architecture allows developers to build and deploy applications on multiple blockchains, making it easier to scale their applications and handle increased traffic and demand.
**2. Flexibility:** With support for both EVM and WASM VMs, developers have the flexibility to choose the virtual machine that best suits their needs and the requirements of their applications.
**3. Interoperability:** Astar Network’s multi-chain architecture also enables interoperability between different blockchains, making it easier to integrate and connect with other blockchain-based applications and networks.

Conclusion

The launch of the second iteration of smart contracts on Astar Network is an exciting development that offers developers and businesses new opportunities to leverage the power of blockchain technology. With support for both EVM and WASM VMs, developers can choose the virtual machine that best suits their needs and the requirements of their applications. Astar Network’s multi-chain architecture also offers scalability, flexibility, and interoperability, making it an ideal platform for building and deploying blockchain-based applications.

FAQs

**Q1. What is Astar Network?**
A1. Astar Network is a multi-chain decentralized application platform that offers developers a range of tools and features for building and deploying blockchain-based applications.
**Q2. What is EVM?**
A2. EVM is the virtual machine that powers the Ethereum blockchain and is widely used by developers when building decentralized applications (dApps) and smart contracts.
**Q3. What is the benefit of using Astar Network for smart contract development?**
A3. The benefits of using Astar Network for smart contract development include scalability, flexibility, and interoperability, making it an ideal platform for building and deploying blockchain-based applications.

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