Software:Astar Network

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Short description: Blockchain
Astar Network
Initial release17 January 2022; 2 years ago (2022-01-17)
Written inRust
TypeBlockchain
Websiteastar.network

Astar Network is a blockchain that aims to become Polkadot's "smart contract hub" and serves as a parachain for Polkadot. The native token is "ASTR".[1] The developers are members led by Sota Watanabe. Originally started under the name "Plasm Network" and rebranded as "ASTAR Network" in September, 2021[2]。Mainnet opened to the public on January 17, 2022.[3]

Concept

ASTR

Astar Network uses "ASTR" as the native token, which is used to pay for gas in transactions, as a governor's token for the ability to propose and vote on project policies, and as a reward for staking.[4]

dApps staking

dApps staking" is a system that rewards developers and users for staking the network's native token "ASTR" for dApps (distributed applications) and infrastructure integrated with the Astar Network. By staking ASTRs to specific dApps, it is possible to support developers while receiving rewards.[5][6]

Smart contract

Astar Network provides EVM (Ethereum Virtual Machine) and WASM (Web Assembly) functionality to polkadot, making it easy to migrate dApps (decentralized applications) and smart contracts created on Ethereum. Thereby serving as a hub for multi-chain smart contracts supporting multiple blockchains[7][8]

Footnote

  1. "About Astar and Shiden Tokens" (in en). 2023-04-10. https://docs.astar.network/docs/about/token-economics/economics/. 
  2. "日本発のブロックチェーン「Astar Network」と開発企業Stake Technolosiesとは?【コインチェックや本田圭佑氏が出資するWEB3スタートアップ】 | 仮想通貨コラム | 仮想通貨(暗号資産)の比較・ランキングならHEDGE GUIDE" (in ja). 2022-02-09. https://hedge.guide/feature/astar-network-bc202202.html. Retrieved 2022-03-29. 
  3. ourbitcoinnews.com (2022-03-07). "Coinbase invests in Astar Network's follow-up round" (in en). https://thecoin.news/articles/coinbase-invests-astar-networks-follow-up-round-1646667200034. 
  4. "コインベースが出資する日本発の「Astar Network(アスターネットワーク)」とは? | 仮想通貨コラム | 仮想通貨(暗号資産)の比較・ランキングならHEDGE GUIDE" (in ja). 2022-05-17. https://hedge.guide/feature/astar-bc202205.html. 
  5. "Alchemy Partners With Astar Network to Accelerate Web3 Development on Polkadot" (in en-US). https://www.yahoo.com/now/alchemy-partners-astar-network-accelerate-135328162.html. 
  6. "クリプトゲームスとアスター(ASTR)が提携、Dappsサービス今春ローンチ" (in ja). 2022-03-29. https://www.neweconomy.jp/posts/207715. 
  7. "【速報】国内初、アスター(ASTR)がビットバンクに上場へ。日本市場に本格参入" (in ja). 2022-09-22. https://www.neweconomy.jp/posts/261038. 
  8. "アスター(Astar/ASTR)とは?基本情報・特徴・購入方法などを解説" (in ja). https://bittimes.net/news/132177.html.