Ano ang Moonriver? (MOVR)
The Beginner’s Guide to MOVR
The Moonbeam Foundation created Moonriver to be an Ethereum-compatible blockchain environment on the Kusama (KSM) network. Moonriver is intended to operate on Kusama as a parachain, helping crypto projects expand their reach to new users and markets with a multi-chain approach.
On Kusama, parachains are custom blockchains that feed into the main blockchain and heart of the Kusama network, called the Relay Chain. The Relay Chain is responsible for Kusama’s shared security, consensus and transaction settlements. By being integrated into the Relay Chain, parachains benefit from the Relay Chain’s base features.
The Moonbeam team has chosen to launch Moonriver (MOVR) on Kusama in order to provide an ethereum-compatible smart contract platform to its community and is also releasing Moonbeam (BEAM), a similar platform for Polkadot, later in 2021.
Moonriver is intended to function as the “canary network” for Moonbeam on Polkadot, meaning that new code would ship to Moonriver first, where it can be tested and verified under real economic conditions, before being shipped on Moonbeam.
Moonriver’s native cryptocurrency, MOVR, should play a key role in maintaining and operating the Moonriver network. It is expected to be used for paying transaction fees, supporting smart contract execution, incentivizing collators for producing blocks to support the network, and facilitating Moonriver’s on-chain governance mechanism.
MOVR is expected to be airdropped to community members who use their KSM, Kusama’s cryptocurrency, to vote for the application to go live as a parachain on Kusama in a process called a Parachain Auction.
MOVR Token Launch & Issuance
Currently, an estimated 100 projects can build on the Kusama network and leverage its Relay Chain’s security by accessing what Kusama calls a parachain slot. This number is flexible and subject to change by governance vote over time.
Access to Kusama parachain slots is provided to projects for fixed periods of 6-48 weeks, with Moonriver needing to go through an auction to win access to one of the 100 slots.
During a parachain auction, Kusama holders can bond their KSM in support of the project they believe should receive a parachain slot. At the end of a determined period of time, the project with the most KSM committed to their campaign generally wins access to a parachain slot, allowing them to operate on Kusama’s network for a 6-48 week period.
The Moonriver team will crowdsource support for its parachain auction bid by accepting community contributions. If Moonriver wins an auction, supporters are expected to receive Moonriver’s MOVR token.
Of note, if Moonriver fails to win a parachain slot, the KSM committed to their bid by community participants will be returned at the end of Moonriver’s auction campaign. If Moonriver wins an auction, the bonded KSM will be returned to participants when Moonriver’s access to the parachain slot expires.
Moonriver (MOVR) Network Design
Ang Moonriver ay intensyong paganahin bilang smart contract platform, pinahihintulutan ang mga developer na magdeploy ulit ng kanilang ethereum dapps sa isang substrate environment na may kaunting friction. Ibig sabihin nito, ang mga smart contract na nagpapalakas sa Ethereum dapps ay hindi kailangan na isulat ulit o i-configure ulit para sa Karura network.
Kung ikaw ay hindi pamilyar, ang Substrate ay isang framework para lumikha ng mga novel blockchain at blockchain applications na maaaring tumakbo sa mga Kusama at Polkadot network.
Upang ma-access ang mga feature na ito, ang Moonriver platform ay nag-aalok ng mga pangunahing serbisyo sa mga developer.
- Pagpapatupad ng EVM – Nagpapahintulot sa mga Ethereum-based smart contract na ilipat sa Kuasama environment.
- Web3 katugma ng API – Pinapayagan ang mga Ethereum-based tool, tulad ng tanyag na Ethereum wallet na Metamask, upang magamit sa Moonriver
- Bridges – Pinapayagan para sa mga token transfer, state visibility, at pagpapasa ng mensahe sa Ethereum at ibang chain tulad ng Bitcoin.
- Built-in na pagsasama para sa mga asset tulad ng DOT at ERC-20s, at imprastraktura ng mga serbisyo tulad ng Chainlink at The Graph.
Ang native cryptocurrency ng Moonriver, MOVR, ay gumaganap na isang pangunahing papel sa pagpapanatili at pagpapatakbo ng Moonriver platform, at maaaring gamitin para sa pagpapatupad ng mga smart contract, pag-incentivize ng mga node, pagbabayad ng mga fee ng transaksyon at pinapabilis ang pamamahala.
Ang MOVR token ay gumaganap ng isang pangunahing papel sa pag papanatili at pagpapatakbo ng Moonriver network at maaaring magamit sa:
- Pagbabayad ng fee sa trasaksyon sa network
- Sumusuporta sa pagpapatupad ng smart contract
- Pag-incentivize ng mga collator para sa pag-produce ng mga block sa network
- Padaliin ang on-chain governance mechanism
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