Astar Network from Polkadot introduces XVM functionality to improve multichain application cases
Astar Network from Polkadot introduces XVM functionality to improve multichain application cases
Astar Network-A Smart Contract Innovation Center that connects the polkadot ecosystem with all Layer 1 blockchains-has introduced its cross-virtual machine (XVM) in the Shibuya public test network.
enables projects that build on ASTAR, interaction with other intelligent contract ecosystems, including webassembly (Wasm) and Ethereum Virtual Machine (EVM).
Enter the XVM
According to a document that was seen by Cryptopotato , Astar Network launched the first major product part of its strategy in 2023-the cross-virtual machine (XVM).
The function consists of a series of interfaces and a custom palette that enables smart contracts from a virtual machine to interact with others. The XVM can carry out bidirectional views between Wasm and EVM, regardless of the programming languages that the virtual machines use. Hoon Kim - Chief Technology Officer at ASTAR Network:
spoke about the development"We have worked hard to create the basis for the future, regardless of external influences that are now happening. And today I am proud to present one of our most important features to realize the ASTAR vision; be.
Astar will not only have interoperability through XCM (Cross-Chain Messaging) with other parachain, but also interoperability between different Smart Contract environments. "
The XVM enables developers to explore numerous contract environments instead of just having one choice. They are also able to create a variety of complex applications that can offer many applications, e.g. B. the proof of ownership of digital assets. AStar network joined forces in August last year to strengthen the web3 development on the ecosystem of Polkadot. The founder and CEO of Astar - Sota Watanabe - explained the potential advantages of the partnership: "The support of the developer ecosystem is one of the core values of ASTAR, and our cooperation with Alchemy will help to offer the community even more incentives and innovations. Our cooperation will provide the necessary resources in order to provide the BUILDER Community on ASTAR, Polkadot and beyond to expand. “ Astar, the leading parachute chain from Polkadot, Colored A week later with the Defi network Acala. The joint initiative aimed to accelerate decentralized financing by opening up new possibilities and rewarding them for their efforts in the Polkadot ecosystem. . The previous developments