Aster Chain, a privacy-focused Layer 1 blockchain, went live on mainnet on March 17-18, with 450 million ASTER tokens already staked across the network and 112 real-world asset, or RWA, trading markets launched at the same time. The project previously operated as a decentralized perpetual futures exchange on BNB Chain before shifting into a standalone blockchain network. Aster says it uses zero-knowledge proof technology to deliver 50-millisecond block confirmation times. The project has also received backing from YZi Labs, the family office of Binance founder Changpeng Zhao. According to CryptoBriefing, the mainnet rollout marks the completion of Aster’s transition from a multi-chain DEX into an independent Layer 1 chain.
Aster Chain, a privacy-focused Layer 1 blockchain, officially launched its mainnet on March 17-18, according to Techub News. The network debuted with 450 million ASTER tokens staked and 112 real-world asset (RWA) trading markets live at launch.
The project previously operated as a decentralized perpetual futures exchange on BNB Chain before shifting its focus. Aster uses zero-knowledge proof technology and says it can reach 50-millisecond block confirmation times. The project is backed by YZi Labs, the family office of Binance founder Changpeng Zhao.
According to CryptoBriefing, the mainnet launch completes Aster’s transition from a multi-chain DEX to an independent Layer 1 blockchain.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
