



Bitcoin, launched in 2009 changed a lot of perspective in business and transactions. Immediately people became aware of the idea of a digital money lots of opportunity has risen. This new currency powered by blockchain technology provided a means of decentralized transactions between peers without the intervention of intermediaries which was faster, cheaper and more secure than the conventional way of transaction. But as more people ventured into this awesome new found technology, its flaws - albeit few - began to materialize. With more users, transactions was completed slowly and transaction fee began to skyrocket - this was suppose to be faster and cheaper.





Ethereum launched in 2015 and came with a new innovation that was never seen in an attempt to optimize the use of blockchain. It introduced the "Smart Contract" and has a higher TPS compared to bitcoin, posing itself as a "World SuperComputer" that not only is a currency but runs a smart contract and has Decentralized Applications (DApps) that can be used by multiple businesses for commerce and by banks.





However, even Ethereum has proven to have its flaws. Sometime in 2017, the Ethereum blockchain was congested to a point where it could not be used. Software shut the wallets off to prevent any more transactions to be sent to the congested network, no more transactions could be sent out. If any transaction were sent at that point meant a lost transaction. This was a global Ethereum blockchain issue which meant all the other ones relying on it were also failing. All exchanges were forced to shut down all the deposits and withdrawals for at least a week. Even recently, we have experience slow transaction completion time which caused increase in transaction fee.





MOAC Solution





MOAC , a Silicon Valley based company committed to the creation of blockchain 3.0, is a public blockchain platform designed with multi layer architecture to bring about the commercial application of blockchains





The MOAC platform architecture (Multi-Blockchain) consists of a global primary blockchain called the MotherChain and additional MicroChains. It uses the MicroChains to seperate processing tasks and isolatate blockchain functions. MOAC enables smart contract to use different consensus protocols by providing each smart contract with its own Microchain.





Another thing MOAC has implemented to optimize blockchain is the Blockchain Sharding feature. Sharding is a type of database partitioning that separates very large databases into smaller, faster, more easily managed parts called data shards. The word shard means a small part of a whole. Existing blockchain solutions are inefficient and process the same task multiple times which degrades system performance. Sharding helps by using a node based approach, providing more processing power proportional to the number of nodes in the network.













The final feature of MOAC i will like to talk about is the Cross-Chain ready functionality which enables MOAC to interact with different blockchain systems within the platform as well as externally to 3rd party blockchains and cryptocurrencies. The MOAC Platform is able to swap blocks and data between multiple blockchains and use atomic swap based Cross-Chains. Cross-Chains are a trust based system for atomically swapping cryptocurrencies in a single transaction between various blockchains and cryptocurrencies.





MOAC offers two types of Cross-Chain in its platform:





Cross-Chains between MicroChains and blockchains within the MOAC Platform. Atomic swap cross-chain transactions with other non-MOAC blockchain systems like Bitcoin and Ethereum.

To know more about MOAC, visit the following links:

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.me/joinchat/Gws6HEqdmbKnC2jdsdRN7Q

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/

Weibo: https://weibo.com/u/6563458350



