Connext is Coming to Moonriver
We are delighted to announce that Connext will be integrating Moonriver, an Ethereum-compatible smart contract platform in Kusama, into its L2 interoperability protocol.
Moonriver is a parachain on Kusama that makes it easy to build natively interoperable applications. Like its sister network, Moonbeam, the Moonriver smart contract platform capabilities feature unmatched Ethereum compatibility that goes beyond basic EVM support, simplifying the process to build an application on Kusama.
Connext is a network that enables sending value and calling contracts across Ethereum-compatible chains and L2s. By supporting Moonriver, users will be able to transfer assets to/from Moonriver directly from other L2s and sidechain systems without introducing any new trust assumptions.
In an ever-increasing multi-chain environment, there are continued challenges when it comes to asset movement and interoperability. Moonriver has demonstrated to be the most active parachain in Kusama, currently with over eight million transactions. Connext integration with Moonriver will speed up the assets’ transfer process to and from with as much ease as possible. Moonriver users will have additional routes to traverse between chains and interact with assets where and how they want.
Users can now head over to xpollinate.io and start crosschain transfers to/from Moonriver with available supported assets (USDT/USDC/DAI/ETH).
About Connext
Connext is the interoperability protocol of L2 Ethereum.
Connext enables sending value and calling contracts across Ethereum-compatible chains and L2s. It is the only interoperability system that does this cheaply and quickly without introducing any new trust assumptions. Connext is aimed at developers who are looking to build bridges and other natively crosschain applications. To date, over $780m in transactions have crossed the network.
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About the Moonbeam Network
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. As a parachain on the Polkadot network, Moonbeam will benefit from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot. Currently, in active development by PureStake, Moonbeam is expected to reach MainNet by January 2022. Learn more: https://moonbeam.network/.
