MOAC is a unique platform with pioneer multi-blockchain architecture that aims to address the existing blockchain systems' cost and performance issues. MOAC also intends to minimize the barrier to entry for users, businesses, developers, and the entirety of the blockchain ecosystem. The MOAC platform seeks to achieve this by using various mechanisms like blockchain sharding, multi-blockchain architecture, smart contracts, and cross-chain capabilities.
Blockchain sharding is a type of blockchain partitioning wherein extensive blockchain nodes are separated into smaller, faster, and efficiently managed shards (smaller chains). Also, cross-chain functionality allows MOAC to interact with a variety of blockchain systems externally to third-party blockchains and cryptocurrencies. MOAC's underlying architecture is a multi-blockchain consisting of MotherChain, global primary blockchain, and additional MicroChains. The MotherChain is the public blockchain layer on MOAC that balances transfers, consensus, blockchain operation, and data access.
The existing blockchain technologies suffer from complexity, high usage fees, steep learning curves impacting adoption, and scalability. These blockchains are also isolated and cannot communicate effectively with other cryptocurrencies, smart contracts, and blockchain systems. MOAC was introduced while addressing the primary ineffectiveness of existing blockchain platforms by creating a multi-blockchain architecture. The multi-blockchain architecture helps lower DApp costs, provide scalability, and reduce development complexity while increasing transaction speeds and volume using sharding.
The multi-blockchain sharding feature in the MOAC platform promotes performance and system capacity, decreases transaction fees for smart contracts, and incentivizes desktop and mobile users to compete for processing rewards. In addition, the architecture promotes the overall transaction processing speed up to 100x faster transaction per second (TPS) than other existing blockchains. Also, the micro-chain enhances the token currency rate up to 10,000 times.
MOAC platform provides APIs and tools to the application developer to develop Dapps that can support both “proof of stake (POS)” and “proof of work (POW)” along with other scalable consensus systems on a decentralized network. The POW model allows the miners and mining pools to participate in mining the MotherChain. MOAC incentivizes mining and rewards for the entire ecosystem.
