Purpose

The MOAC foundation (MOAC) has released a next generation blockchain platform. With a Multi-Blockchain architecture, MOAC 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 new platform achieves this by using a layered Multi-Blockchain architecture, blockchain sharding, MicroChains, Smart Contracts, and Cross-Chain capabilities.

The underlying architecture of the MOAC Platform is a Multi-Blockchain consisting of a global primary blockchain, MotherChain, and additional MicroChains. A MicroChain functions as a child blockchain within the platform that operates above the global MotherChain, and is responsible for Smart Contracts management, enabling high volume transactions using a variety of consensus systems.

MicroChains significantly reduce the cost of smart contract operations and allow developers to rapidly test different application and service ideas. MOAC’s MicroChains are able to 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 implements a unique MicroChain per Smart Contract to separate processing tasks and isolate blockchain functions from business logic for each individual smart contract. Developers have the freedom to select the consensus protocol that best fits their use case and determine the number of nodes allocated to a specific Smart Contract, while the MotherChain uses Proof of Work. All the states of the Smart Contract are saved inside the local MicroChain and can write data to the MotherChain as needed for finality.

 

Strengths

– Mining for MicroChains gives rewards in MOAC and the token associated with the microchain, providing a use for the MOAC coin and incentive for the microchains

– The platform has a MicroChain for each Smart Contract, multiplying the capabilities and output of their ecosystem in comparison to other Multi-chain blockchains

 

Weaknesses

– The low switching costs make the Multi-chain industry a very competitive one

– The Proof of Work consensus for the MotherChain might centralize the decisive power in the long run

– A microchain per smart contract might lead to a lack of trust in most smart contract based operations since they will be managed by a handful of miners

-MOAC is going after sharding and cross-chain for their layer 1 infrastructure which are two research intensive and unproven technologies, leading to uncertainty in its roadmap

 

Network Status

The MOAC platform is live.

 

Roadmap

June 2018: 20 DApps live performance testing + Market positioning

December 2018: NUWA release: Next Generation P2P Sharding System Release; Payment System At Full Capacity; High Performance Storage Online; EVM Hardware Chip Is Running

2019: 100+ DApps live: Supporting Multi-Billion Dollar; Businesses as Standard for Industrial; Blockchain Performance & Capacity

June 2019: FUXI release: 500+ DApps live: Functional Enhancement And Monitoring Technology; Full IoT Integration

 

Governance

The MotherChain uses a Proof of Work (PoW) model so that miners and mining pools have opportunities to participate in mining the MotherChain. The MOAC Platform provides additional MicroChain mining and validation and provides various mechanisms for mining from mobile devices.

 

Similarities

MOAC is similar to AION, ICON, Wanchain and all the other interoperability platforms aiming to connect blockchains.

 

Notable partnerships

Their partners include Shenzhen Colourlinks Technology, Intellishare, FINWEX and more.

 

Exchange

Only traded on Bit-Z and CoinBene

 

Stack

MOAC is its own blockchain.

 

Community

Twitter: 10,846 followers

Facebook: 11,319 subscribers

Telegram: 18,182 members

 

MOAC Price history

October 23rd, 2018: 1.12$
August 2018: 3.32$
June 2018: 5.61$
March 2018: 13.71$

 

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This document is intended for informational purposes only. The views expressed in this document are not, and should not be construed as, investment advice or recommendations.