As a seasoned crypto investor with a strong background in blockchain technology and a keen interest in cross-chain interoperability, I’m thrilled to see Moonbeam Network’s ambitious 2024 roadmap. With over two years of experience observing the evolution of this smart contract platform, I can attest to its position as a leader in integrating networks such as Polkadot, Ethereum, and the broader EVM ecosystems.
Singapore, Singapore, June 5th, 2024, Chainwire
Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants
As a Moonbeam Network analyst, I’m thrilled to share that our team has unveiled an exciting new initiative called ‘Moonrise.’ This announcement comes with a clear 2024 Product Roadmap, which includes several significant upgrades. Firstly, we will introduce parallel processing to boost throughput by a remarkable eightfold. Additionally, we’ll enhance ecosystem integration and strive for better developer and user experiences. Moonbeam Network and its canary network, Moonriver, are entering the next phase of evolution with this development. We are incorporating Axelar bridging technology to further expand our interoperability capabilities.
For over two years, Moonbeam has stood out as the go-to choice for connecting networks like Polkadot, Ethereum, and the wider EVM ecosystems since its mainnet debut in January 2022. The 2024 Roadmap underscores Moonbeam’s commitment to enhancing its advanced capabilities and delivering an optimal experience for both developers and users.
The Moonrise project is clearly evident in Moonbeam’s complete overhaul of its visual identity. This rebranding effort emphasizes that Moonbeam goes beyond being just a chain. Instead, it functions as a dynamic hub where developers, Web3 advocates, interoperability backers, and other like-minded individuals come together.
“Moonbeam Foundation’s Head of Operations, Aaron Evans, is thrilled to unveil Moonbeam’s fresh new appearance alongside our ambitious plans for the year 2024. In this exciting time, we will be introducing enhancements, advancements, and announcements across all aspects of both the Moonbeam and Moonriver networks. Our devoted community is well aware that Moonbeam is a cutting-edge blockchain offering developers and users advanced features yet to be seen on other networks still in the testing phase.”
A crucial component of the 2024 Plan involves upgrading the fundamental protocol by incorporating asynchronous backing, a type of processing that allows for parallel execution. This enhancement will lead to a fourfold expansion in block space and a reduction of block times to just 6 seconds. Consequently, Moonbeam’s overall throughput is expected to surge by a factor of eight.
Further enhancements involve making Moonbeam work smoothly with Ethereum’s gas-efficient Dencun update, significant user experience upgrades for Moonbeam Routed Liquidity, and advancements to our governance structures.
Other highlights include:
- Ecosystem Integration: Glacis integration for reliable cross-chain transactions, Tanssi integration for appchain deployments, revitalized Moonriver with Axelar’s Amplifier program for bridging and a v3 AMM liquidity program.
- Developer Tools: Governance tracks for dApps, support for EIP-4337 Account Abstraction, expanded tooling integration for ease of development, deployment, and debugging/monitoring.
- User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive updates, and streamlined stablecoin flows.
Here’s a suggestion for paraphrasing the given text in a more conversational and clear manner:
As a crypto investor interested in Moonbeam, I would recommend visiting their freshly updated website to stay informed about their latest advancements:
About Moonbeam Network
Moonbeam serves as a unified platform for constructing decentralized applications that can interact with users, assets, and services across various blockchain networks, including Ethereum, Cosmos, and Polkadot. By merging features from these chains into one system, Moonbeam addresses the current fragmented user experience, enabling genuine interoperability and setting the stage for future-generation apps.
Social media links:
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Contact
Patrick Brendel
SCRIB3
patrick@scrib3.co
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2024-06-05 19:50