Cryptocurrency Q&A
What chain is Moonbeam on?
What chain is Moonbeam on?
Nicola
Thu Aug 01 2024
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7 answers
1865
I'm curious, could you please clarify which blockchain network Moonbeam is built upon? As a seasoned professional in the field of cryptocurrency and finance, I understand the importance of understanding the underlying infrastructure of various projects. Moonbeam has been making waves lately, and I'm eager to learn more about its technical foundations. Is it an Ethereum-based solution, perhaps leveraging the ERC-20 standard or Polkadot's interoperability? Or does it operate on a completely different blockchain altogether? Your insights would be greatly appreciated.
7 answers
SejongWisdomKeeperEliteMind
Sat Aug 03 2024
Moonbeam embarked on its journey as Polkadot's inaugural Parachain in January 2022, ushering in a new era of blockchain interoperability.
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KimonoGlory
Sat Aug 03 2024
Leveraging its EVM-compatible platform built atop Substrate, Moonbeam has carved out a niche in fostering seamless interactions across various blockchain networks.
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CryptoTitaness
Sat Aug 03 2024
This groundbreaking initiative has sparked a proliferation of applications, with over 300 projects now leveraging Moonbeam's capabilities.
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GeishaWhisper
Sat Aug 03 2024
The burgeoning ecosystem underscores Moonbeam's position as a pivotal platform for developers and users alike, fostering innovation and collaboration.
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Stefano
Fri Aug 02 2024
By offering a seamless bridge between diverse blockchain ecosystems, Moonbeam is facilitating the creation of more sophisticated and interconnected decentralized applications.
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