‘Moonbeam’ initiative marks next evolutionary phase for new-look Moonbeam network in Polkadot ecosystem
Singapore, Singapore, June 5, 2024, Chainwire
Great 2024 Roadmap Includes 8x Enhanced Hobby, zkAuth for Web2 ID, Major Funding
Moonbeam Network, a modern contract platform for building cross-chain applications, announced the ‘Moonrise' initiative based on a 2024 product roadmap, which includes introducing parallel processing to improve 8 times the number, improving ecosystem integration, improving the developer and user experience. experience, and more. Moonrise represents the next evolution of Moonbeam and Canary's network, incorporating Moonriver's Acceler Bridge technology.
More than two years since its mainnet launch in January 2022, Moonbeam is well established as a leading solution for integrating networks such as Polkadot, Ethereum and the wider EVM ecosystem. The 2024 roadmap demonstrates Monbeam's steadfast commitment to continuously improving the experience for developers and users.
The Moonrise initiative is reflected in the rebranded look of Moonbeam, showing how Moonbeam is more than a chain. It is a hub for developers, Web3 enthusiasts, communication fans and more.
Aaron Evans, Head of Operations at Moonbeam, said: “We are excited to unveil the new look of Moonbeam in conjunction with our big plans for 2024. This year we will be implementing updates, upgrades and announcements across all Moonbeam and Moonriver networks. Foundation. “As our passionate fan community knows, Moonbeam is a modern blockchain with features that developers and users dream of for other networks that still stay on the level of TestNet.”
A linchpin of the 2024 roadmap is enhancing the core protocol by introducing asynchronous support, which quadruples parallel processing space and cuts time in half to 6 seconds, giving Moonbeam an 8x overall throughput.
Additional improvements include ensuring compatibility and seamless interoperability with the Ethereum gas saver Denkun update, significant improvements to the UX for Moonbeam Routed Liquidity, and improved management mechanisms.
Other highlights include:
Ecosystem integration: Glacis integration for trusted cross-chain transactions, Tansy integration for appchain deployments, Monriver to bridge with Axelar's Amplifier program, and the v3 AMM liquid program. Developer Tools: Management tracks for dApps, EIP-4337 tag summary support, expanded tool integration for ease of development, deployment, and debugging/monitoring. User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive optimization and streamlined stable coin flows.
A series of initiatives will begin rolling out immediately and continue to roll out in Q3 and Q4 of 2024 and through 2025.
To check out Moonbeam's new website and follow the network's upcoming developments, visit:
About Moonbeam Network
Moonbeam is a modern contract platform for building cross-chain applications that can access users, assets and services on any chain. By integrating functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam unlocks today's fragmented user experience – real interaction – and paves the way for the next generation of apps. The Monbeam platform uses integrated cross-chain messaging to enable developers to create smart contracts that access services across multiple remote blockchains. This approach, plus Moonbeam's developer-friendly EVM platform, broad device support, and modern substrate architecture create a favorable development environment for building connected applications.
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