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/.

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