1/ Contrary to popular belief, our XC-20 tokens are not noticeably different from ERC-20s. In fact, they are one and the same.
16 Nov 2023, 22:05
1/ Contrary to popular belief, our XC-20 tokens are not noticeably different from ERC-20s. In fact, they are one and the same 👀
Here's how Moonbeam combines Substrate-based tokens and the Ethereum Virtual Machine to transform the future of DeFi 👇
Same news in other sources
216 Nov 2023, 22:05
7/ This leads us to our conclusion. ⬇️
Unlike ERC-20s that start on Ethereum, any ERC-20s that launch on Moonbeam (as XC-20s) can inherently flow between other parachains.
This positions Moonbeam at the center of cross-chain activity in the Polkadot ecosystem. 🪐
7/ This leads us to our conclusion.
7/ This leads us to our conclusion. ⬇️
Unlike ERC-20s that start on Ethereum, any ERC-20s that launch on Moonbeam (as XC-20s) can inherently flow between other parachains.
This positions Moonbeam at the center of cross-chain activity in the Polkadot ecosystem. 🪐
16 Nov 2023, 22:05
6/ Polkadot parachains already have the core functionality needed to open an HRMP channel between them and Moonbeam built in. 🔄
This makes it much easier for tokens from other parachains to be routed through Moonbeam. 👍
6/ Polkadot parachains already have the core functionality needed to open an HRMP channel between them and Moonbeam built in.
6/ Polkadot parachains already have the core functionality needed to open an HRMP channel between them and Moonbeam built in. 🔄
This makes it much easier for tokens from other parachains to be routed through Moonbeam. 👍