Moonbeam (GLMR)

Moonbeam is a smart contract parachain on Polkadot that works with Ethereum. Moonbeam makes it easy to build or redeploy Solidity projects in a Substrate-based environment using popular Ethereum developer tools.

Moonbeam is much more than just an EVM implementation. It is a highly specialised parachain that mirrors Ethereum's Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform adds more features to Ethereum, such as on-chain governance, staking, and cross-chain integrations, to what it already has.

Moonbeam is the only one that works with Ethereum:

• Minimal Changes: Developers don't have to rewrite or reconfigure existing Solidity smart contracts to use them.

• Use Existing Developer Tools: Use a full set of Web3 RPC endpoints to connect popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle. Use JavaScript libraries that are well-known, such as Web3.Js or Ethers.Js.

• Accounts, addresses, and signatures that are all the same: You can interact with Moonbeam with your existing Ethereum H160 accounts and ECDSA signatures.

• Use oracles, bridges, wallets, and other tools that are already building on Moonbeam to get the most out of Polkadot.

Moonbeam uses bridges to connect Polkadot Parachains and other chains, like Ethereum and Bitcoin. This lets them work together and talk to each other. Derek Yoo of Pure Stake launched Moonbeam in 2019.

To know more about the Moonbeam price prediction, install the top cryptocurrency app CoinGabbar today!