MOAC (MOAC Blockchain) | Cryptocurrency In Singapore

MOAC is a revolutionary platform with a Multi-Blockchain smart contract and P2P service network to efficiently build and scale decentralized applications. By leveraging Multi-Blockchain sharding, the MOAC platform increases system capacity and performance, reduces transaction fees for smart contracts, and incentivizes mobile and desktop users to compete for processing rewards.

The platform is a Multi-Blockchain software and deployment service solution for rapid development of decentralized applications (Dapps) and smart contracts on a scalable P2P service network. By using an advanced layered architecture for asynchronous smart contracts and a variety of configurable consensus systems (including “proof of work” and “proof of stake”), the MOAC platform enhances existing Dapps with additional functionality, and scalability solutions. This advancement increases processing speed by several levels of magnitude (10-100x) and sets a new market standard for transactional efficiency, while optimizing decentralization mechanisms and overall security.

Why was MOAC created?
The MOAC platform was designed to increase and maximize blockchain network performance using node-based computing power and allowing for on-demand, timed, and savable smart contract processing. The platform provides tools and APIs to application developers to quickly build complex Dapps that can leverage both “proof of work” and “proof of stake” and other scalable consensus systems on a decentralized P2P service network. In turn, and as a result of increased volume and speed of processing, the new MotherChain standard incentivizes the user community and drives increased participation - including users with low processing power (i.e., mobile users).

Why is MOAC so much better for DAPPs?

  1. MOAC uses blockchain sharding to speed up the TPS, making it an attractive platform for DAPP developers and users.
  2. It redefines how DAPP developers and users interact with the system from the monetization standpoint. Most existing systems assume unfair burden on DAPP users: not only DAPP do they have to pay each transaction fee, but they also have a steep learning curve to climb on how blockchain works. With MOAC, there is no need to know anything about the underlying system before using the DAPP, and no need to acquire any underlying token unless the use case itself really commands it.
  3. MOAC adds new ways to redistribute tokens to a wide range of participants, thus further supporting decentralization. Thanks to the second layer’s mining, each DAPP will pay its miners continuously all throughout the lifetime of the DAPP. And because the second layer’s mining does not need to calculate a random number, every CPU (including mobile devices) can participate as potential nodes. This greatly encourages participants in masses to provide the processing power to support more DAPPs and get incentivized accordingly.
  4. Since DAPPs are deployed in a virtual machine of the developer’s choice, they do not require additional programming. MOAC is able to run existing Ethereum smart contracts with lower fees, and developers can leverage the MOAC API to expand their existing smart contract with additional functionality without having to learn how to program on the blockchain.

The MotherChain is a Proof of Work blockchain, similar to Ethereum, that handles data storage and compute processing for smart contracts and Dapps. On the MOAC Platform, the MotherChain is the public blockchain network that processes balance transfers, blockchain operation, consensus, and data access. The MOAC Platform also supports other consensus models. On top of the MotherChain is the MOAC Dapp Chain which uses a Proof of Stake consensus model specifically for scalable rapid high volume transactions. The advantage of a Proof of Stake system is that it is fully scalable for enterprise-level volume, it is energy efficient, and supports varied transactions. It also increases verification capacity proportional to nodes on the network, and enables microtransactions within Dapps without having to constantly access the MotherChain.

In addition to Proof of Stake and Proof of Work blockchains, the MOAC Platform can also support additional plug-and-play consensus systems such as Proof of Activity, Proof of Burn, Proof of Elapsed Time, etc.

MicroChains

  • Moodada
    Moodada is a fully discentralized app (DApp) based on MicroChain. It is a tokenized application that rewards users for answering questions.
  • FileStorm
    FileStorm is a decentralized storage network built on top of IPFS protocol and MOAC Blockchain. InterPlanetary File System (IPFS) is a file sharing protocol on a P2P network.
  • PAS
    Planet Accuracy Simpler (PAS) project is to provide centimeter precision location and nano second accurate timing service by using the Geobee node (GNSS raw measurements receivers) as a mining machine in the MOAC MicroChain. 
  • Big Data Exchange
    Big Data Exchange (BDE) is a platform built on the MOAC MicroChain to exchange data products.

MOAC FOUNDATION LTD
UEN 201810506H

67 Ayer Rajah Crescent #02-10 Singapore 139950

Official website
https://www.moac.io

Resources
———————————
Moodada
Resources
Developers
FAQs
Community
Whitepaper

MOAC Explorer

———————————
Social Media
———————————
Facebook
Reddit
Medium
Twitter
Github
Telegram
Linkedin

MOAC Token

MOAC is a cryptocurrency that is built on it's own blockchain. 

Total supply: 151,205,864

MOAC’s Smart Contract system is fully compatible with Ethereum’s EVM system, supporting ERC20 and ERC721 token standards.

The MOAC coins first issued as ERC20 token on Ethereum in July 2017. After MOAC mainnet was successfully launched in April 2018, all the MOAC coins on the Ethereum were exchanged to MOAC native token with a 1:1 ratio. The ERC20 contract of MOAC was closed in 2018 and there is no ERC20 token of MOAC on Ethereum platform anymore.