What is MOAC? What Does the MOAC Coin Do? - Coinleaks
Current Date:September 16, 2024

What is MOAC? What Does the MOAC Coin Do?

What is MOAC? MOAC is a layered Blockchain platform that focuses on scalability, independence and interoperability. cryptocoin.com In this article, we will focus on the MOAC coin project. In addition, we will answer questions such as what is MOAC, what does it offer, what is MOAC coin, what is it for, how to get it, which are wondered by investors. Now let’s examine this project, which aims to be the “mother” of cryptocurrencies, together.

What is MOAC?

MOAC is a China-based Blockchain platform designed to offer high performance to users. This platform has high scalability. Thus, it improves the performance of tasks such as data access and information flow of services. It uses MicroChains and cross-chain transactions to increase efficiency and speed. It also supports a number of Ethereum-based technologies such as smart contracts. Developers can create their own sub-Blockchain networks through smart contracts within this platform.

In addition to these, MOAC also allows different Blockchain cross-chains to be connected with a stable structure. In doing so, it also provides an alternative to developers. Accordingly, developers can also create decentralized applications (dApps) instead of creating their own sub-chains or working with other chains. Decentralized applications within the ecosystem work with high efficiency. This simplifies the work of the developers and provides a better experience for the users. All of this happens on MOAC’s private Blockchain network.

What does the platform offer?

MOAC serves its users with a multi-layered Blockchain architecture. These layers are called “MicroChain”. The platform uses the Multi-Blockchain smart contract to efficiently build and scale decentralized applications. It also hosts the P2P service network. Ekositsem increases system capacity and scalability by leveraging Multi-Blockchain sharding. It reduces gas fees for smart contracts and encourages its users to compete to reap the rewards.

What is MOAC coin? What does it do?

MOAC coin is the native cryptocurrency of the Blockchain network of the same name. The main layer of the MOAC network is Proof-of-Work, and the dApp layer works with the Proof-of-Stake consensus mechanism. Accordingly, the altcoin can be earned through both mining and staking. Users can raise their funds in this cryptocurrency by solving complex mathematical problems or locking their tokens into a smart contract. The MOAC coin can be used for various purposes within the ecosystem, such as paying gas fees and accessing dApps.

How to get MOAC coins?

The coin is currently listed as ‘untracked assets’ on CoinMarketCap and CoinGecko. However, the project’s website does not contain any information as MOAC coin is listed on any exchange. For this reason, users can currently only acquire cryptocurrencies through MOAC’s own Blockchain platform.