Moac (Mother of All Chains) is a cryptocurrency and blockchain platform that aims to address scalability issues faced by mainstream blockchain networks like Ethereum. It seeks to provide a more efficient and scalable platform for decentralized applications (dApps) and enable developers to build and deploy smart contracts.
Moac utilizes a multi-layered architecture, consisting of the MotherChain and MicroChains, to enable high transaction throughput and faster processing. The MotherChain acts as the main blockchain, while the MicroChains are individual sidechains that run parallel to the main chain. MicroChains enable parallel processing of transactions and smart contracts, thus greatly enhancing scalability.
In addition to scalability, Moac also incorporates features like sharding, a consensus algorithm called Proof of Support, and a decentralized storage system. These features collectively aim to improve the performance, efficiency, and security of the platform.
The native cryptocurrency of the Moac platform is also called MOAC. It is used for various purposes within the ecosystem, such as paying for transaction fees, deploying smart contracts, and participating in the governance of the network.
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