Fun

PureStake CEO Derek Yoo Explains the Technology Behind Moonbeam Network

News Feed - 2022-01-26 03:01:46

PureStake CEO Derek Yoo Explains the Technology Behind 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.


Derek Yoo is the CEO of PureStake, the technology company behind the Moonbeam Network. He recently joined the Bitcoin.com News Podcast to talk about the technology:




Derek Yoo is a serial Web2 technology entrepreneur who has spent the past 20 years building successful software and cloud companies. Prior to creating Moonbeam, Derek was the co-founder and CTO of Fuze, where he led the product and engineering teams in the creation of a global Unified Communications-as-a-Service cloud platform with points of presence all around the world, a low latency global network, and a suite of end user web, desktop, and mobile communications applications. During his time at Fuze, the company grew to 700 employees and a $150M run rate.


Like Moonriver, its sister parachain on Kusama, Moonbeam is expected to accumulate developer and user activity from the 80+ projects building DApps and protocols on the network. As a parachain on the Polkadot network, Moonbeam benefits from the shared security of the Polkadot Relay Chain and integrations with other chains that are connected to Polkadot. Learn more at: https://moonbeam.network/.


The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.


This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below. Tags in this story Moonbeam, PureStake


  Bitcoin.com Media


Bitcoin.com is the premier source for everything crypto-related. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. "Ponzi Schemes Have Created a Negative Reputation for the Industry" — Uganda Blockchain Advocate INTERVIEW | 1 day ago Bastyon Inventor Daniel Satchkov Explains the Importance of Using an Open Source Social Media Platform INTERVIEW | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff Next article2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItMad Money"s Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate


The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin. Jim Cramer"s Dogecoin Warning Jim Cramer, the host ... read more.These Are the Crypto Economy"s 10 Most Expensive Assets per Unit in 2022 Bitcoin Mining Difficulty Reaches Lifetime High, It"s Now More Difficult Than Ever Before to Find a Block Reward Report: A16z to Raise $4.5 Billion for Crypto Investments NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase

News Feed

Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
Former SEC Official"s Crypto Warning: Regulatory Onslaught Is Just Beginning The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the
NY Regulator Proposes New Coin Listing Requirements
NY Regulator Proposes New Coin Listing Requirements The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed
Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action ‘Violates Liquid’s Security Model’
Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action "Violates Liquid"s Security Model"Liquid, the sidechain network developed by the company Blockstream, saw 870 bi
Technical Analysis: IOTX Captures the Biggest Gains, as Crypto Markets Fall on Friday
Technical Analysis: IOTX Captures the Biggest Gains, as Crypto Markets Fall on Friday IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the
Dogecoin Outperforms Bitcoin: Bloomberg Expert Explains Why
Este artículo también está disponible en español. Over the past few weeks, Dogecoin (DOGE) has exhibited a massive surge, significantly outperforming Bitcoin (BTC) and ot
Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”
Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – "Tether Backed by Cash Assets and a Loan" Bitfinex general counsel Stuart Hoegner has dismi
Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art
Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous co
Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions
Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight agai
Turner Wright7 hours agoIndividual charged with money laundering admits to hacking Bitfinex in 2016: ReportThe identity of the hacker or hackers behind an exploit that removed more than 100,000 Bitcoin from Bitfinex in 2
Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
Altcoin Season Trending - LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h The last few days have shown bullish price activity across the list of top cryptocurrency markets. There&rs
Tron Hits Key Price Levels as Revenue and Adoption Soar: What’s Next?
Este artículo también está disponible en español. Despite broader bearish trends in the cryptocurrency market, Tron (TRX) has demonstrated resilience with notable growth
Marcel Pechman3 hours agoBitcoin Lightning Network is growing, but 3 major challenges remainThe Lightning Network is growing, but liquidity issues and a need for greater user awareness continue to hinder mainstream adopt