| General information | |
|---|---|
| Global rank: | 274 |
| Name: |
Moonbeam |
| Symbol: | GLMR |
| Current coin price (USD): | 0.179 $ |
| Last hour: | arrow_upward0.740 % |
| Last 24 hours: | arrow_downward-4.31 % |
| Last 7 days: | 0.550 %trending_up |
| Capitalisation (USD): | 162 154 282.00 $ |
| Volume 24h (USD): | 5 258 749.00 $ |
| Available supply: | 904 002 738.00 GLMR |
| Total coin supply: | -1 GLMR |
| Start date: | 2021-08-19 |
Moonbeam/United States Dollar (GLMR/USD) price chart
Moonbeam/United States Dollar (GLMR/USD) capitalisation and volume charts
Moonbeam is a smart contract platform that is designed to be compatible with the Ethereum network, while also offering greater scalability and interoperability with other blockchain networks. It is built on top of the Substrate framework, which was developed by Parity Technologies and is also used in the Polkadot network.
Moonbeam was founded in 2019 by Derek Yoo the CEO of PureStake
Moonbeam aims to solve some of the scalability and interoperability challenges that exist in the Ethereum network, while also providing developers with a more familiar development environment. Because Moonbeam is compatible with the Ethereum network, developers can use many of the same tools and languages that they are already familiar with, such as Solidity and Web3.js.
Moonbeam also offers greater scalability by using a proof-of-stake consensus mechanism, which enables faster transaction processing and reduces energy consumption compared to the proof-of-work mechanism used in the Ethereum network.
One of the key benefits of Moonbeam is its interoperability with other blockchain networks, which is enabled by the Polkadot network. Polkadot is a multi-chain network that allows different blockchain networks to communicate and share data with each other. This means that developers can build applications on Moonbeam that can interact with other blockchain networks, such as Bitcoin or Ethereum.