MULTI-LAYER BLOCKCHAIN ARCHITECTURE FOR COMMERCIAL APPLICATIONS
The blockchain is still in its infancy stage today despite its recent turns and market value of the various projects and cryptocurrencies built upon it, being on the low side, there is still room for a lot more development and growth. I think very strongly with the right tech coming into this space, more users with interests in different use cases will also come in as well.
One problem faced by various current blockchains is the issue of scalability, transaction per seconds, speed and efficiency of the system. With the Multi--layer structure that currently exist in the Moac architecture we are to witness the elimination of this various problems even much more.
MOAC is a third-generation blockchain (blockchain3.0) platform originating from the World IT Center in Silicon Valley. The unique layered architecture and Microchain technology greatly increases the scalability of the platform. Dedicated networks such as those that use blockchain models can easily be linked together, making connecting and testing new blockchain products more efficient. This is where "the Mother of All Chains" gets its name.
By separating various functions in the blockchain such as transfers, smart contracts, dapp creations increasing the efficiency of the blockchain up to 100x more than that witnessed in Ethereum blockchain which makes it a great attractive side to developers of commercial applications. Ethereum is the most popular infrastructure built with the aim of dapp creations and smart contract execution however its facing some already mentioned problems which Moac aim at solving.
The MOAC architecture consists of the MotherChain, an event handling system, smart contracts as MicroChains, blockchain sharding, cross-chain capabilities, security, and an API.
The image above explains the functions of the various components that makes up the Moac architecture. The Microchain per smart contract works to lift load of the main chain Motherchain providing efficiency and scalability beyond existing solutions. Moac reviews security settings enabling top notch approach to security measures, ensuring what works is put out. Popularizing the concept of blockchain sharding, a feature built horizontally, partitioning data across multiple blockchains and nodes. Sharding helps by using a node-based approach, providing more processing power proportional to the number of nodes in the network.
The API capability of the platform is to ensure that the platform is built developer-centered, an easy to build-under ecosystem, since the resources and tools used are provided by team taking off the hurdles of having to deal with complex languages and tools typical of the dapp development in the blockchain.
There have been successful blockchain meet ups and conferences attended by the team and if you ain't following the official Twitter handle you would have missed that. Moac Successfully attended the Blockchain Odyssey in San Francisco on October 7th, Epicenter afterparty held by Outpost Capital and FORGELAB on October 8TH at the Battery, Linking the future in Suzhou.
Moac Ceo David Chen speaking at CCTV exclusive coverage of the 2018 Digital Economy Summit find link here. A pointer to the fact that the project keeps progressing regardless of the times, an healthy of sign of growth.
Ask-Me-Anything (AMA) session have been successfully held in the past and lucky winners who asked questions were rewarded and now developers webinar 3 is scheduled to hold 7:00P.M. (PST) October 13. Principal Architect, Raymond Fu will introduce "How to deploy the microchain" Get your questions ready and earn some Moac Tokens by simply following the steps below.
Do well not to miss this amazing opportunity as a developer to learn and also to earn as well.
Useful Resources
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: https://www.youtube.com/channel/UCBU405W7vfOPBicLwW9-QOA