



Ethereum paved the way with the introduction of a decentralized app (dApp) ecosystem and smart contracts; this gave rise to new ways of thinking about the possibilities of decentralization thus the rapid lunching of ICO's in recent times. One of these recent ICO's is MOAC "Mother of all chain." MOAC is a blockchain network with the potential to surpass Ethereum and EOS in network speed, efficiency, and functionality.

MOAC concentrates on fixing the functionality and cost problems that seem prevalent in the current blockchains while also adding new functions that lessen the barriers to entry for developers and end users in the blockchain ecosystem. Using blockchain sharding technology, MOAC creates a system that permits users to carry out smart contracts in an efficient fashion. In June 2017, MOAC closed their ICO at 24,995 ETH which was about seven million dollars at the time. With a current price of $3.7 per MOAC token and a supply of 56,483,386, the current market cap is $138,301,659.



MOAC offers many services for people who want to use the blockchain technology for business. Some of the specific characteristics of this company are that MOAC has a layered configuration structure, asynchronous contract calls and it uses sharding solutions. You can also make pluggable validation schemes and create wider participation in the validation process of the blockchain by using this technology. It's also easy to deploy sub blockchains, which is one of the primary uses of this company because it intends to offer secure solutions for small companies that want to create sub blockchains without having to spend too much money in this process.

It has the potential to enhance the decentralized network of Ethereum by introducing more layers (MicroChains) to the blockchain for different types of transactions based on the computation power required. By separating the MicroChains in the MOAC network by the types of transaction, the network will be able to function more efficiently. Every MicroChain is specially designed for a type of transaction on a separate consensus module. 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 commands it.

MOAC isn't the only blockchain network seeking to solve these problems but what differentiates Moac from others, according to Wang, is the strength of its team. MOAC Co-Founder and President Sha Zhou was an early adopter of Bitcoin and blockchain technology he started a mining company with David Chen, now the CEO of MOAC, offering the worlds first 28 nanometers, 1TB+ Bitcoin mining machine. Three years later, Sha and Chen co-founded Jingtum, an enterprise blockchain solution that emerged as one of the top 5 blockchain companies in China so it's safe to say Moac is in good hands and the future sure looks bright for this project.

