‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem

Singapore,
Singapore,
June
5th,
2024,
Chainwire

Ambitious
2024
Roadmap
Includes
8x
Improved
Throughput,
zkAuth
for
Web2
ID,
Major
Grants

Moonbeam
Network,
a
smart
contract
platform
for
building
cross-chain
connected
applications,
announced
the
‘Moonrise’
initiative
anchored
by
a
2024
Product
Roadmap
that
includes
the
introduction
of
parallel
processing
to
improve
throughput
by
8
times,
upgrading
ecosystem
integration,
improving
the
developer
and
user
experience,
and
more.
Moonrise
signals
the
next
phase
in
evolution
for
Moonbeam
and
canary
network
Moonriver,
which
is
incorporating
Axelar
bridging
technology.

More
than
two
years
since
its
mainnet
launch
in
January
2022,
Moonbeam
is
well-established
as
the
leading
solution
for
integrating
networks
such
as
Polkadot,
Ethereum
and
the
broader
EVM
ecosystems.
The
2024
Roadmap
demonstrates
Moonbeam’s
dedication
to continually
improving
its
cutting-edge
performance
and
experience
for
developers
and
users.

The
Moonrise
initiative
is
reflected
in
a
comprehensive
rebrand
of
Moonbeam’s
look,
underscoring
how
Moonbeam
is
more
than
a
chain.
It’s
a
hub
for
developers,
Web3
enthusiasts,
interoperability
supporters
and
more.

“We’re
beyond
excited
to
reveal
Moonbeam’s
new
look
in
conjunction
with
our
ambitious
plans
for
2024.
This
year
we
are
implementing
improvements,
upgrades
and
announcements
to
all
facets
of
the
Moonbeam
and
Moonriver
networks,”
said

Aaron
Evans,
Head
of
Operations
at
Moonbeam
Foundation.
“As
our
passionate
community
of
supporters
knows,
Moonbeam
is
a
modern
blockchain
with
features
for
developers
and
users
that
are
still
just
a
dream
for
other
networks
that
remain
in
testnet
phase.”

A
lynchpin
of
the
2024
Roadmap
is
enhancing
the
core
protocol
with
the
introduction
of
asynchronous
backing,
a
form
of
parallel
processing
that
will
quadruple
block
space
and
halve
block
times
to
6
seconds,
resulting
in
an
8x
increase
in
overall
throughput
for
Moonbeam.

More
improvements
include
ensuring
compatibility
and
seamless
interoperability
with
Ethereum’s
gas-saving
Dencun
upgrade,
substantial
upgrades
to
the
UX
for
Moonbeam
Routed
Liquidity,
and
improvements
to
governance
mechanisms.

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.

The
series
of
initiatives
will
begin
rolling
out
immediately
and
will
continue
to
be
deployed
through
Q3
and
Q4
of
2024,
and
into
2025.

To
check
out
Moonbeam’s
new
website
and
follow
the
network’s
upcoming
developments,
see:

https://moonbeam.network.

About
Moonbeam
Network

Moonbeam
is
a
smart
contract
platform
for
building
cross-chain
connected
applications
that
can
access
users,
assets,
and
services
on
any
chain.
By
uniting
functionality
from
Ethereum,
Cosmos,
Polkadot
and
more
into
a
single
platform,
Moonbeam
solves
today’s
fragmented
user
experience
—
unlocking
true
interoperability
and
paving
the
way
for
the
next
generation
of
applications.
The
Moonbeam
platform
uses
integrated
cross-chain
messaging
to
allow
developers
to
create
smart
contracts
that
access
services
across
many
remote
blockchains.
This
approach,
plus
Moonbeam’s
developer-friendly
EVM
platform,
vast
tool
support,
and
modern
Substrate
architecture,
creates
the
ideal
development
environment
for
building
connected
applications.

Social
media
links:

Contact

Patrick
Brendel
SCRIB3
[email protected]

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