SAY HELLO TO MOAC- The Revolutionary BlockChain
MOAC – The mother of All (block) chain, sounds interesting? But what is MOAC and what’s the use of MOAC?
In current blockchain system, there’s no difference between a balance transfer transaction and a smart contract transaction. All the transactions are handled at the global level, and that’s limiting the transactions-per-second (TPS) and the system-level performance. Many time transactions take huge amount of time during peak period like Xmas. And worst part is many times it increases transaction cost as well. Also, existing blockchain have fixed consensus models, and that’s why it’s not able to quickly adapt to the ever-growing needs of developers. Different dApps require different use cases, and the current ‘one size fits all’ blockchain solution does not exist
MOAC is a Silicon Valley based company, which aim to design a scalable and resilient Blockchain that supports transactions, data access, control flow in a layered structure. MOAC with a pioneering Multi-Blockchain architecture, not only addresses the performance and cost issues with existing blockchain systems, but also introduces new features that minimize the barrier to entry for developers, users, businesses, and the entirety of the blockchain ecosystem. The MOAC platform achieves this by using a layered Multi-Blockchain architecture, blockchain sharding, MicroChain, Smart Contracts, and Cross-Chain capabilities.
You may have question like what does this MOAC’s multi-chain architecture will do? Well, The MOAC platform’s advanced layered Multi-blockchain architecture is expected to increase overall transaction processing speeds up to 100x faster (TPS) than existing blockchain platforms. And not only transaction speed but MOAC’s MicroChains will also be able to reduce the cost of smart contract operations and to allow developers to rapidly test different application and service ideas. MOAC’s MicroChain can interconnect with all other non-MOAC blockchains using Cross-Chain capabilities. This allows both users and their decentralized applications (DApps) to migrate easily to the MOAC Platform, with no prior blockchain knowledge. MOAC also provides a decentralized file storage solution which is currently missing from other major blockchains. MOAC also allows developers to differentiate transaction types to improve network efficiency.
One of the important feature of MOAC is, mining using smart phones. Currently, mining in the blockchain community is centralized and doesn’t properly incentivize new users and interested consumers due to complexity and the cost of required hardware. But don’t worry, now MOAC also allows network participants to mine from lower-power devices like mobile phones as well. I think most of the people will love this idea. I personally don’t want to spend lot of money on hardware for mining tokens, and that’s why I liked this mobile phone-based mining. And I am sure most of the people will love this concept. I think by reducing the barrier to entry for both mobile users and server farms, the MOAC Platform offers a truly scalable ecosystem for developers and their Smart Contracts, enabling developers to create innovative DApps with lower operating costs, enhanced capabilities, and improved performance without a reduction in security.
In my opinion, MOAC will be able to address issues of today’s blockchain problem and will be able to provide platform which will be faster, and reliable. And it’s not only me but many people believe this and that why even without a major media effort, the MOAC manage to get lot of flowers, and community has grown to nearly 100,000 members via WeChat, QQ, and other Chinese social media networks.
The MOAC network went live on the mainnet April 30, and they expect to see 100 plus dApps online by December 2019. The Mother Of All Chains (MOAC) Is the Infrastructure Blockchain and I believe it has potential to outperform even Ethereum. I know it may sound crazy at this movement, but many people were not believing in Ethereum also before it went live in 2015.
For more information about MOAC visit the official website - https://moac.io/
Or visit their social media platform and stay updated –
https://twitter.com/moac_io
https://t.me/moacblockchain
https://medium.com/@moac_io
https://github.com/MOACChain/moac-core
https://www.reddit.com/r/MOAC/
https://www.facebook.com/moacchain/
https://www.linkedin.com/company/moac-chain/
MOAC is a great project with very promising solution, i believe they will succeed
Their chain could be one of the fastest, I wonder if they can compete with Ethereum in the future.
If they can achieve what they have in mind, it will surely be a great project in years to come.
I even see them replace ethereum in years to come
I no it's a daring vision but it's possible, i think it ethereum mainchain need sharding tbh
upvote for me please? https://steemit.com/news/@bible.com/2sysip
Moac is an amazing project, they have a lot to offer that will transform the blockchain industry and enhance smart contract in the industry
One of the next big chains i think if EOS can be worth as much as it is, then MOAC deserves a MUCH better valuation as they atleast plan to do innovative things and have a concept that should really work well at scale
If they can deliver what they are proposing and backup their claims of speed and concurrency then there's no reason the value won't rise
Certainly is an interesting concept, but they have a tonne of competition, hopefully the team can prove they're above all the others.
It would depend on the team; I think the first to push a working solution and generates real traction would take over the competition.
Really interesting implementation of blockchain with this advanced layered architecture and microchains system. I think this model can squeeze the most of the blockchain technology itself. Maybe MOAC will become the first ever blockchain with transactions speed more than Visa has for now.
As we saw with CryptoKitties, the Eth network ground to a halt! The implementation of the microchains really could play a huge part for MOAC
the new blockchains are getting faster and faster, the mother of all blockchains will be one of the fastest
i really like this project, I see good opportunities for the future
Anything that cut current terrible fee of blockchain transaction I'm up for it... Sincerely I'm up for it
I believe everyone would agree to your statement, let's see what the future holds for moac.
Yep by increasing the throughput and reducing chances of ever seeing congestion they allow to really remove and reduce the chance of fees becoming crap like in bitcoin
I am definitely standing with you on that. No need for unnecessary fees
Wow, Till the date Around 100000 members are in their community means this is big thing. I never seen this kind of huge communities in other projects.
Their community strength is really huge. With such a back up like that, you can imagine the amount of confidence the project team would be having.
Continues to grow very fast, I'm surprised given how early it still is they are reaching an incredibly large audience already. Hopefully they can continue to grow over time and we see adoption follow suit