Bitcoin Global News (BGN)
August 13, 2018 -- ADVFN Crypto NewsWire -- It’s the new and
improved version.
That’s what we hear day in and day
out in the Blockchain industry about basically every new
project.
MOAC, or “the Mother of
all Chains,” which has risen to the 38th spot on Coinmarketcap from seemingly out of
nowhere, is no exception.
Back in April, Forbes ran a piece that
claimed that MOAC is the Blockchain that will rise above and
“outperform Ethereum.” The main arguments for this, across multiple
sources, are that MOAC works in a similar way but has also
enabled sharding as well
as cross-chain
transactions.
On top of these possible benefits,
the MOAC chain works with multi-layer architecture, instead of what
one can assume is single-layer architecture, which Forbes likens to
the current version of the Ethereum network.
In attempting to explain this
further, Ryan Wang, an executive at MOAC, was quoted as saying that
since all Ethereum transactions are handled by the entire network,
factors like Transactions per Second are limited.
In response to this, MOAC
apparently allows its developers to send transactions to either the
main chain, or micro chains, which are considered to be top layers
of the MOAC network.
For an example of this, simple
transfers of funds are done on the main chain, which MOAC calls,
“the MotherChain,” while more complex transactions involving smart
contracts are done on the top layers, which are as mentioned
before, micro chains.
With all of this in mind, MOAC does
seem to have more technical capabilities than the Ethereum network,
but in referring back to our previous pieces, this is not enough to
rise to the top of the Blockchain industry.
The top projects do have
significant technical differentiators to offer like MOAC does, but
unlike MOAC, they also have significant advantages related to
marketing. While some would argue that marketing efforts should
never determine what are the best Blockchain projects, the fact is
that they do seem to.
Ask yourself: how else did we all
find out about any of the top ten Cryptocurrencies?
In the Blockchain industry,
marketing is not just about flashy advertisements. It involves
organic growth on social media platforms like Telegram, and to a
lesser extent, Steem.
In addition to this, hitting the
big time in the Crypto space means having the right SEO so your
project comes up when prospective investors search for new
opportunities in the space.
Time will tell whether MOAC will
check all of the boxes so that it can join the industry’s giants
but as of now, it seems to have the technical side locked
down.
By: BGN Editorial Staff
News:
MOAC (MOAC)
Blockchain
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