I do understand moonbeam can interact with other parachains..But how

Question

Moonbeam & Moonriver Official

HK Bae

I do understand moonbeam can interact with other parachains..But how

does moonbeam can interact with other outer chains like Ethereum, BTC, Sol, Avax etc. Do they use bridge?

#blockchain #cryptocurrency #english #moonbeam

0

03.05.2022

15 ответов

29 просмотров

Neclis 👾

turrizt |NEVER DM YOU FIRST
Yes, Moonbeam is compatible with all other EVM com...

but only the xcTokens format is capable of making the bridge, in my opinion the system will be revolutionary when Moonriver is inside Karura

0

03.05.2022

turrizt |NEVER DM YOU FIRST

Yes, but xcm is not a bridge, it is a transfer without bridging. what do you mean by inside Karura? The system is already revolutionary, because you can farm, stake, trade substrate native assets that conform to the ERC-20 standard. and this is just the beginning of a long journey :)

0

03.05.2022

Neclis 👾

turrizt |NEVER DM YOU FIRST
Yes, but xcm is not a bridge, it is a transfer wit...

revolutionary it will be when you have the systematic integration of smart contracts with substrate, in which case xcToken is not an organic integration

0

03.05.2022

HK Bae Автор вопроса

Neclis 👾
revolutionary it will be when you have the systema...

What's that mean? Only xcTokens can be transfered within now? and should others use bridge? And which bridge moonbeam usually use for interacting with others?

0

03.05.2022

Neclis 👾

HK Bae
What's that mean? Only xcTokens can be transfered ...

yes only sintetic tokens xcToken, xcKsm, xcRmrk

0

03.05.2022

HK Bae Автор вопроса

Neclis 👾
yes only sintetic tokens xcToken, xcKsm, xcRmrk

You mean XCM works only within dotsama ecosystems (Parachains). And i parachain wants to interact with other chains, they need bridges

0

03.05.2022

turrizt |NEVER DM YOU FIRST

Neclis 👾
revolutionary it will be when you have the systema...

Can you give an example, I don't quite understand what you mean by organic :)

0

03.05.2022

turrizt |NEVER DM YOU FIRST

HK Bae
You mean XCM works only within dotsama ecosystems ...

Yes

0

03.05.2022

HK Bae Автор вопроса

turrizt |NEVER DM YOU FIRST
Yes

If moonbeam wants to interact with ETH, which bridge should i use>?

0

03.05.2022

turrizt |NEVER DM YOU FIRST

HK Bae
If moonbeam wants to interact with ETH, which brid...

It looks like you're not reading my messages 😅 https://t.me/Moonbeam_Official/477391

0

03.05.2022

HK Bae Автор вопроса

turrizt |NEVER DM YOU FIRST
It looks like you're not reading my messages 😅 htt...

Nomad, Axelar, Multichain, Connext ! All i can use

0

03.05.2022

turrizt |NEVER DM YOU FIRST

HK Bae
Nomad, Axelar, Multichain, Connext ! All i can use

Yes, you can use. But, as always, dyor, before using :)

0

03.05.2022

HK Bae Автор вопроса

turrizt |NEVER DM YOU FIRST
It looks like you're not reading my messages 😅 htt...

Thanks for your kind help. However, i still have one wonder. Are Moonbeam's any benefit compared to other EVM chains using bridge to interact? I mean it seems same as other EVM chains using bridges to interact with other chains. What's the diffrentiation point??

0

03.05.2022

turrizt |NEVER DM YOU FIRST

HK Bae
Thanks for your kind help. However, i still have ...

https://t.me/Moonbeam_Official/477391

0

03.05.2022

turrizt |NEVER DM YOU FIRST · Accepted Answer

turrizt |NEVER DM YOU FIRST

Yes, Moonbeam is compatible with all other EVM compatible chains, by bridges. You can check out bridges here: https://moonbeam.network/networks/moonbeam/defi/#bridges I sent you a link to the document where our vision is expressed. We combine EVM chains + all dotsama ecosystem + all proposal’s and upgrades go through governance + forkless upgrades

0

03.05.2022

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