MOAC: Who are they and why am I impressed?
Before you read the below article, I always like to point out that I’m a keen crypto enthusiast who likes to blog about projects I’ve decided to follow, whether that be because I’ve invested, I think it could make money or simply because it interests me. It’s super important to stress that all opinions in this article is my own personal viewpoints and should you decide to invest into this project, you’re doing so at your own risk.
What is MOAC?
Today we will be talking about Mother of All Chains (MOAC), who are designing a resilient blockchain which is scalable in its framework which allows the users to execute smart contracts in data efficient ways. MOAC takes up a layered structure and supports transactions, data access and control flow. It utilises a P2P network service which will allow the scalability of decentralised applications. Multi-blockchain sharding is being deployed to expand the capacity on the MOAC platform and enhance the performance levels whilst looking to reduce the transaction fees on smart contracts.
Why MOAC?
Utilising node-based computing power, MOAC was invented from the ground up to offer a high level of network performance which handles on-demand, timed and savable smart contract processing.
Current blockchain technologies have been suffering for a while with high network fees and limitations on the number of TPS (transactions per second). MOAC would address all of these problems.
Some Recent MOAC Highlights
Aug 24th
MOAC announced that they have entered into a strategic partnership with Colourlinks which was officially attained on August 20th.
You can read into this further on the below link;
https://medium.com/moac/moac-has-entered-into-a-strategic-partnership-with-colourlinks-f6daa63843f
Aug 27th
MOAC announced that they have entered into a strategic partnership with KABA Rental. KABA specialise in electric car rental with almost 100 branches across China. The partnership was officially formed 5 days before on August 22nd, read further below;
https://medium.com/moac/moac-blockchain-technology-summit-2018-in-shanghai-75775351f259
Aug 30th
The latest AMA with President Sha was released on the MOAC Medium channel. You can view all the questions and answers here;
https://medium.com/moac/q-a-session-with-president-sha-episode-14-b5620a723a0e
Aug 31st
The MOAC team announced that they had completed their Hangzhou Blockchain Application Incubation Center. The focus of this is to use it as a research center to see how blockchain technologies can be used in fields like enterprise, commerce, finance and agriculture. You can further read on the announcement below;
Summary
Away from the technology side of things, their vision and goals, I have to say how impressed I have been with their team. Whilst development has continued and milestones met, they have continued to engage with their own community. Their social media channels have been updated on average several times daily, they have been producing weekly progress updates, weekly crypto news updates and even AMA’s with their President Sha who has taken out a lot of his time to participate in these. All you have to do is look above in the ‘Recent Highlights’ section to see how much the team have achieved in just a week. In addition to all of this, the MOAC team have regularly been attending conferences and events to help spread the word. It really seems that the team are so focused, they know their goals and they know it takes more than just a good product to obtain them.
You can stay up-to-date with all things MOAC by using 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.co/73rU9sHWLH
