Trustless EVM
Last updated
Last updated
The main liquidity outlet is an Ethereum Bridge. A light Ethereum client embedded in our custom blockchain to bridge with MainNet. Users can lock their assets on Ethereum using smart contracts and bridge liquidity to our private economy. It does not involve any third parties, and assets are locked by the chain. Hence, trustless.
Ethereum Virtual Machine (EVM)
The Ethereum protocol itself exists solely for the purpose of keeping the continuous, uninterrupted, and immutable operation of this special state machine; It's the environment in which all Ethereum accounts and smart contracts live. At any given block in the chain, Ethereum has one and only one 'canonical' state, and the EVM is what defines the rules for computing a new valid state from block to block.
Moonbeam is a developer-oriented blockchain that strives to provide compatibility with the existing Ethereum developer toolchain and network. It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonbeam to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes.