Moon This, Moon That: The Scoop on Moonbeam and Moonriver

Moonriver from Moonbeam

TL;DR

• Moonbeam Foundation created Moonriver.

• Moonriver intends to function as the canary network for Moonbeam on Polkadot

• Kusama is the relay chain, and Moonriver is the Parachain slot

• MOVR Token is The utility token of the Moonriver network

Moonbeam Foundation created Moonriver as an Ethereum-compatible blockchain environment on the Kusama network. Moonriver intends to operate on Kusama as a parachain that helps crypto projects expand their reach to new users and market avenues with a multichain approach.

Parachains are custom blockchains integrated within the Polkadot and Kusama networks. They are customized for any number of uses and fees into the leading blockchain known as the Relay Chain. The Relay Chain is the heart of the Polkadot and Kusama networks.

Moonriver Overview

Moonriver is a companion network to Moonbeam, which is on Polkadot. Moonbeam provides an alternative to other projects by combining innovative contract capabilities found on Ethereum with the high scalability offered by Polkadot’s multichain network.