Aster (ASTER), backed by Binance's investment arm YZi Labs, recently announced the official mainnet launch of its Layer 1 blockchain, Aster Chain. The project aims to focus on derivatives trading infrastructure, distinguishing itself with technical features that prioritize privacy and high performance.
According to Aster, Aster Chain integrates zero-knowledge verifiable cryptography and an "stealth address" mechanism within its execution layer. This design ensures that transactions on the network are verifiable on-chain while user transaction history and identity remain private by default. The project team refers to this model as a "privacy-first" approach.
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The Aster team describes the network as a "Layer 1 built for derivatives trading." Its technical specifications include a 50-millisecond block time, processing capabilities of up to 100,000 transactions per second (TPS), and no gas fees. Additionally, upon network launch, cross-chain asset deposits via BNB Chain, Arbitrum, Ethereum, and Solana are supported.
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