Moonbeam: First Parachain on Polkadot is live
With Moonbeam, the first parachain starts on the Polkadot network. Now, in theory, numerous applications could be ported from the Ethereum blockchain.
With a market capitalization of around $ 25.6 billion, Polkadot is the 10th most valuable cryptocurrency on the market. The cryptocurrency designed by Ethereum co-founder Gavin Wood is in direct competition with Ethereum (ETH). Polkadot would like to solve the problem of scalability with so-called parachains. These are sidechains that carry the load on the …
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