Place/Date: San Francisco, CA - November 15th, 2018 at 10:21 pm UTC · 4 min read
Contact: Cherie Liu, Source: MOAC
Mother of All Chains (MOAC), a layered multi-blockchain architecture, is an easy-to-use next-generation blockchain that incorporates a public MotherChain, additional MicroChains, sharding technology and agnostic consensus systems. David Chen, founder and CEO of MOAC, created Moodada as proof of just how easy it is to make and deploy low-cost and highly efficient DAPPs on the MOAC blockchain.
Moodada is currently available online and as an app on Android phones. It is a tokenized application that rewards users for answering questions. Participants can place a bounty on any question and crowdsource voters to determine the best response. Tokens placed in the bounty pool will automatically distribute to voters and responders in tiers based on criteria such as participation or best answer.
Chen and his team were able to build the completely decentralized Moodada application on MOAC, issue tokens and program the smart contracts in just a few weeks using template APIs. Through Moodada, Chen hopes to demonstrate how developers and everyday ordinary people can craft DAPPs with minimal effort on MOAC. He sais:
“Blockchain developers have had a hard time navigating rigid, clunky and disconnected systems of other blockchains. They want APIs that are easy to use and understand, and they want systems that are code and consensus agnostic. With MOAC, we can deploy custom MicroChains and run a variety of virtual machines. We have template APIs and have demonstrated more than 5,000 transactions per second with no transaction fees.”
Already MOAC has reached the top 100 charts on CoinMarketCap, led by enthusiastic developers and miners looking for alternatives to existing clunky and rigid blockchains.
Here are reasons why blockchain developers are migrating to MOAC:
For those who would like to learn more, MOAC has created a weekly Online Community Webinar. There, developers and MOAC enthusiasts can meet the MOAC team and discuss upcoming projects, platform features and general updates. The webinar begins Saturday, November 17, 3 p.m. to 4:30 p.m. PST.
Mother of All Chains (or MOAC) is a layered multi-blockchain architecture. The MOAC Platform consists of a global primary blockchain, or MotherChain, and additional MicroChains. Using blockchain sharding technology, a MicroChain functions as a child blockchain within the platform that operates above the global MotherChain and is responsible for smart contracts management. MicroChains also enable high volume transactions using a variety of consensus systems. MOAC not only addresses the performance and cost issues with existing blockchain systems, including Bitcoin and Ethereum, but also introduces new features that minimize the barrier to entry for developers, users, businesses, and the entirety of the blockchain ecosystem.