Blockchain scalability has been a hot topic in the crypto industry for quite a while. With Ethereum suffering from congestion that caused transaction fees to skyrocket, there has been a surge of Layer-1 EVM-compatible blockchains on the market.
We take a look at some of the most popular and most promising Layer-1 EVMs that are expected to make big strides in 2022 as the industry switches its focus away from Ethereum.
Moonriver (Kusama)
Moonriver is the canary network of the Polkadot-based Moonbeam, developed by the PureStake team. It’s an EVM-compatible platform that enables developers to deploy smart contracts and dApp front-end offices built for Ethereum to the Polkadot ecosystem.
All new code intended for Moonbeam is shipped to Moonriver first, where it’s tested and verified under real economic conditions, but without the pressure of a high market cap network like Polkadot.
Moonriver won the second parachain auction on Kusama by a landslide, raising over 205,000 KSM in the crowd
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