Thread by @AnnaVasileva22

In the months since its initial launch, @MoonbeamNetwork has proven to be the go-to destination for builders in the Polkadot ecosystem.
Let’s take a look at why so many multi-chain and native projects alike have selected Moonbeam as their destination of choice.🧵

1. Full EVM Compatibility and Solidity Support
#Moonbeam is EVM compatible, but #Polkadot does not natively support the EVM (Ethereum virtual machine), which means that developers cannot directly use Solidity smart contracts in the Polkadot ecosystem.
#Moonwell

This is problematic for projects that are already live on Ethereum or another EVM-compatible network.For all of these reasons, the Moonbeam team worked with Parity to develop the Frontier pallet to provide EVM compatibility for the broader Polkadot ecosystem.

2. Unified Accounts and Private Key Format, Seamlessly Integrated with Ethereum
Moonbeam has adopted the H160 format of Ethereum, allowing seamless usage of Ethereum-style wallet addresses and private keys. Users can use the same private key with both Ethereum and Moonbeam.

3. Fully Compatible with Ethereum Development Tools
Developers can utilize the Solidity tools. This is made possible through Moonbeam’s set of #Web3 RPCs, which allow these developer tools to connect and interact with #Moonbeam in the same way they would Ethereum.

4. The Largest and Most Active Ecosystem on Polkadot
As a culmination of these compatibility efforts, there are already 100+ projects building on the Moonbeam. Projects within the Moonbeam ecosystem frequently collaborate, creating a tight-knit community of founders and builders.

5. Substrate Compatibility
While compatible with Ethereum, Moonbeam is also a Polkadot parachain based on the Substrate framework. This means that Moonbeam is compatible with all Polkadot parachains through functionality called #XCM (cross-consensus messaging).

6. XC-20s: Cross-Chain Capable ERC-20s on Moonbeam
There are some practical differences between Substrate-native tokens on other parachains and the ERC-20s deployed to Moonbeam’s EVM. To bridge this gap, Moonbeam introduced XC-20s.

XC-20s are a new type of interoperable token that conform to the ERC-20 standard but are also Substrate-native assets. All fungible assets created in this format are able to move to other Polkadot parachains, and remote parachain tokens are able to move to Moonbeam as XC-20s.

7. Heavy Investment in an Optimized Developer Experience, Including Comprehensive Technical Support
The Moonbeam developer relations team also provides technical support to developers and are available to answer technical questions through the Moonbeam Discord server.

8. International Documentation Support
The Moonbeam team has translated the documentation site into a number of languages.
Russian documentation: docs.moonbeam.network/ru/

9. Core Code is Open Source and Contributes Back
Moonbeam’s repositories are open source, with the code available for review on GitHub. Any developers can fork Moonbeam code and run Moonbeam nodes with proper attribution.
Moonbeam GitHub Repo: github.com/PureStake/moon…

10. Moonbeam Grants Program
The Moonbeam Foundation created a grant program for projects that add value to the Moonbeam ecosystem.
For more details