The MOAC Story Part XV: The Goals for MOAC’s User Experience

Resolving the user experience is obviously very important for well-designed systems. Of course, scalability and flexibility needed to be considered when designing MOAC’s system functions. But as far as the user’s concerned, you have to make it easy and simple for the user to create private chains or decentralized applications (DAPP). So, we decided to entirely incorporate Ethereum’s POW consensus method on the lower layer, because POW is currently still the best choice for extremely large-scale blockchain projects. And POW’s weak points are made up for by the upper-layer’s POS consensus method. Only important transactions and processes need to be managed by the lower layer’s POW. The upper layer relies on sharding’s POS to guarantee speed and throughput.

The MOAC Story Part XVI:

During the design process, MOAC also consulted with other blockchain app projects about the user experience. One difficulty they had was that they wished to take advantage of Ethereum’s smart contracts through issuing their own ERC20 token on the Ethereum platform, but they weren’t satisfied with Ethereum’s speed. One idea was to allow MOAC’s smart contracts to support Ethereum ICOs (ETH and other ERC20 tokens). MOAC smart contracts would accept ETH and ERC20 tokens, and then publish a MOAC-supported ERC20 later on. What’s involved here is actually cross-chaining. And later on, we could extend smart contract support to include BTC, B2X and BCC. This makes the services we provide even faster and more convenient.

The MOAC Story Part XVII:

What I admire most about IBM is their technological direction, and their elimination of weak aspects. Now that their centralized platform disguised as a blockchain, Fabric 1.0, is out of the game, they’ve begun to court Stella (led by the Ripple rebel Jed) to do cross-border exchanges. This is actually another dead end. The reason why is because sovereign currencies will all become legally recognized cryptocurrencies in the future. Exchanging legal currencies will become the same thing as exchanging cryptocurrencies. For example, if you and I want to exchange American Dollars and Chinese Yuan, what we’ll actually be exchanging is the cryptocurrencies USDT and RMBT. That’s cross-chaining for you.

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/

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