MoonBeam to debut Polkadot ETH to tackle scalability issues

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Updated September 21, 2022 | Published November 12, 2020

2 mins read

Effectively, MoonBeam will launch a Virtual Machine environment and bring an Ethereum solution to the fore, recreating the original ecosystem on the Polkadot domain.

MoonBeam is hoping to help Ethereum scale better by creating an emulator on the Polkadot environment, sharing with the same network that currently powers all smart contracts based on Ethereum.

If the move is successful, MoonBeam expects to see developers able to adapt their dApps without making any big changes to their core code. The successful integration of the system would also mean better interoperability on the Polkadot domain.

MoonBeam wants to be interoperable with both ETH and Bitcoin (BTC), and it has been working to achieve this goal with special bridges built by dedicated teams.

Yet, scaling dApps remains tough as many entities are working on the exact same solution, looking to garner the lion's share of the market while at it.

The good news for the Ethereum community, and particularly Ethereum gamers, is that should the MoonBeam project succeed, it will offer a worthwhile alternative where players can bet safely and quickly with Ethereum.

Casino sites such as 1xBit, Bitcasino.io, and FortuneJack all accept Ethereum to power the blockchain gaming experience.

Want the chance to win an iPhone 11 Pro? Then take a couple of minutes to complete our CGN survey.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by David

Co-founder

David is co-founder of CryptoGamblingNews.com, and has worked in the crypto gambling space since 2015.
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