The MOAC Story Part IV: The New Casino Punishes You for Your Greed

As a result, a big new casino named Ethereum opened for business, founded by the young Vitalik. The genius of Ethereum was the addition of a new slot machine that could write smart contracts. A bunch of people from all walks of life found that Ethereum was a much better casino, because you could send yourself a token called ERC20 using the smart contract to make your own games. This quickly exploded, with gamblers coming in their tens of thousands.

So many, in fact, that Ethereum became crowded because the casino wasn’t big enough. It could only support 20 transactions per second. I’ve seen so many that want in but can’t participate. This has become the boss’ problem, because there are currently only three ways to clear the congestion.

The MOAC Story Part VI: The Blocked-Up Ethereum

There are three main ways to resolve Ethereum’s problem: the first to make additions in the form of side chains e.g. a lightning network similar to Bitcoin’s. Or the future Plasma. The second is incorporate sharding into Ethereum. The third is to point the gamblers who can’t fit towards new casinos. And one of the newly opened casinos just happens to be my MOAC. MOAC’s capacity is much higher than Ethereum’s. Ethereum can support 20 transactions per second, but MOAC can run 100 times faster, supporting 2,000 or even 10,000 transactions per second in ideal conditions.

Where to Find Us

Website: https://moac.io/

GitHub: https://github.com/MOACChain/moac-core

Twitter: https://twitter.com/moac_io

Reddit: https://www.reddit.com/r/MOAC/

Medium: https://medium.com/moac

Steemit: https://steemit.com/@moac-official

Telegram(International): https://t.me/moacblockchain

Telegram(Developers): https://t.co/8m3m9RD5ix

Telegram(China): https://t.co/73rU9sHWLH

YouTube (Event Channel):https://www.youtube.com/channel/UCBU405W7vfOPBicLwW9-QOA

Youtube (Technical Channel) :

https://www.youtube.com/channel/UC_U54wsGNrm_Yivj5bH9i7Q?view_as=subscriber

Facebook: https://www.facebook.com/moacchain/