[DigitalToday reporter Chi-gyu Hwang] Decentralised perpetual futures exchange Aster has officially launched the mainnet for its privacy-focused native blockchain, The Block reported on March 17 (local time).
After the announcement, the ASTER token jumped 8 percent.
According to The Block, Aster Chain targets performance comparable to centralised exchanges (CEX) and supports a 50-millisecond block time and 100,000 transactions per second. Aster CEO Leonard said, "Transparency between protocols and users is essential, but transparency between traders and competitors is a fatal weakness." He added, "Aster Chain provides essential privacy features for a fair market."
Aster Chain hides transaction histories through a stealth address mechanism and is designed so transactions cannot be traced. It introduces a "viewer pass" feature that supports disclosing transaction histories only to specific users. Aster also supports cross-chain deposits and withdrawals with BNB Chain, Arbitrum, the Ethereum network, Solana and others.
With the mainnet launch, Aster plans to roll out additional features in stages, including public staking and a partnerships programme.
Chi-gyu Hwang
delight@d-today.co.kr