This project wants to recreate Ethereum on Polkadot
The MoonBeam project is planning on setting up a custom parachain that emulates the Virtual Machine environment, effectively recreating Ethereum (ETH) on Polkadot (DOT).
Developers on Polkadot and some other interoperability projects usually need to set up an entire blockchain to host their decentralized apps. While Polkadot’s Substrate framework is intended to make this process simpler, not all DApps need that level of control over their environment.
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