What Is Moonbeam?(GLMR)
Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.
Moonbeam Coin is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.
Important Points Table Of Moonbeam
| Basic | Points |
|---|---|
| Coin Name | Moonbeam |
| Short Name | GLMR |
| Total Supply | 1,008,237,285 |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the Continental & Trade On Exchange?
Moonbeam’s Ethereum compatibility is unmatched:
- Minimal Changes: developers can use existing Solidity smart contracts right away, with no need to rewrite or reconfigure
- Use Existing Developer Tools: connect popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle via a complete set of Web3 RPC endpoints. Use well-known Javascript libraries such as Web3.Js or Ethers.Js.
- Unified Accounts, Addresses, and Signatures: use your existing Ethereum H160 accounts & ECDSA signatures to interact with Moonbeam
- Tap into the Most Integrations on Polkadot: use existing oracles, bridges, wallets, and other tools that are already building on Moonbeam
The Easiest Path to Multi-Chain
Minimal Configuration Changes
Moonbeam No need to rewrite or reconfigure your smart contracts. They’ll work right away.
Tools You Already Use
Moonbeam Coin Use Ethereum-based tools you love like MetaMask, Remix, Hardhat, Waffle, and Truffle.
Familiar Smart Contract Languages
Support for Solidity, Vyper, and anything that compiles to EVM bytecode.
Pre-Built Integrations
Built-in integrations for assets like DOT and ERC-20s, and infrastructure services like Chainlink and The Graph.
What Makes Moonbeam Unique?
Moonbeam offers an Ethereum-like environment on top of Substrate (rather than a Geth-based solution). This lets developers redeploy their existing smart contracts easily, using the same tools and integrations they already use, but also take advantage of the modern Substrate framework on which all Polkadot parachains are built.
The Moonbeam Coin network makes it possible for developers with Solidity or Vyper-based smart contracts to “go multi-chain” and extend their influence into the Polkadot ecosystem. Polkadot’s blockchain ensures seamless sharing of workloads on a new layer.
Through Moonbeam, developers can port their existing Ethereum DApps to Polkadot or easily create new permissionless decentralized applications (dApps) using familiar Ethereum development tools. The tools on ensure that there is minimal change when front-end dApps are moved between chains.
By using Moonbeam Coin, Ethereum developers (which is the largest market of existing blockchain developers) will be able to bypass the scalability challenges due to the expense and constraints of the Ethereum network.
A Fully Ethereum-Compatible Environment on Polkadot
Moonbeam is much more than just an EVM implementation: it’s a highly specialized Layer 1 chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The They platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.
Solidity Smart Contracts
Re-deploy your existing smart contracts to a Polkadot environment without the need to refactor or rewrite.
Publish-Subscribe Capabilities
Subscribe to contract events and updates about on-chain transactions, balances, and more.
Grow Your Project with Multi-Chain
Moonbeam Coin helps projects expand their reach to new users and markets with a multi-chain approach.
New Users and Use Cases
Address segments of your market that are out of reach on Ethereum due to gas prices.
Rich Pool of Assets
Gain immediate access to DOT, KSM, native Polkadot assets like GLMR and aUSD, plus other bridged assets such as Bitcoin and Ethereum-based ERC-20s.
Growing Ecosystem
Enjoy a “first mover” advantage by deploying early to Polkadot’s rapidly expanding parachain ecosystem.
Smart Contracts, Powered by the Glimmer Token
As a decentralized smart contract platform, They requires a utility token to function. The token, Glimmer (GLMR), is central to the design of the network and can’t be removed without sacrificing security and essential functionality.
Smart Contract Execution
Glimmer is used to pay for smart contract execution, playing the same role that ETH does on Ethereum.
Transaction Fees
All transaction fees are paid for with Glimmer.
Staking
Moonbeam Coin Nominate collators using the Glimmer token and help support the liveness of the network.
Governance
Participate in on-chain Glimmer-weighted voting and governance.
Who Are the Founders of Moonbeam?
The Moonbeam Network was founded by Derek Yoo, the CEO of PureStake – a platform that provides secure and reliable public blockchain infrastructure to blockchain app developers, projects and enterprises.
Stefan Mehlhorn, a specialist in early-stage company management and operation, serves as the chief operations officer of both and PureStake. Stefan previously worked with Samsung Pay, Candibell Inc., LoopPay, Permessa, Thinking Phone Network among others.
Katie Butler and Nate Hamilton from PureStake head the marketing and business development teams of the Moonbeam Network respectively.