Moonriver, an Ethereum-compatible smart contract platform in Kusama announced that it will be integrating with Connext, an Ethereum-based layer-2 protocol enabling value transfer and calling contracts across Ethereum-compatible chains and L2s, into its L2 interoperability protocol.
Moonriver is a Kusama parachain that simplifies natively interoperable application development. Similar to its sister network, Moonbeam, Moonriver smart contract platform features Ethereum compatibility that goes beyond basic EVM support, simplifying the process to build apps on Kusama.
By supporting Moonriver, users will be able to transfer assets to and 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.”
– The Connext Team
Users can now head over to xpollinate.io and start cross-chain transfers to/from Moonriver with available supported assets (USDT/USDC/DAI/ETH).
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Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
