MOAC MOAC to Feathercoin FTC Exchange

Crypto Pair Details: MOAC to FTC

MOAC MOAC

MOAC stands for the Mother of All Chains. It is a blockchain platform that supports transactions and data access. It is scalable. Sub-chains and smart contracts are compatible with MOAC. Decentralized apps and cross-chain connections are possible as well. MOAC is based on the Ethereum platform, and it uses a ERC20 currency. MOAC offers more including, A layered configuration structure, Asynchronous contract calls, Sharding solutions and Pluggable validation schemes. Transactions are processed through several consensus systems. The rate is 100 times faster than current blockchain platforms. Sub-chains increase concurrency rates up to 10,000 times. Sub-chains reduce cost and create a test environment. Cross-chain connections allow users and dApps to migrate to the MOAC platform without any knowledge. There’s also a decentralized file storage system. MOAC uses a Proof-of-Work system that allows miners to mine the main chain and sub-chains. Mining can be done from mobile devices. PoW algorithms deter third-party interference, including denial of service attacks and spamming. Sharding is another notable feature in MOAC. This is a method for allocating processing power. The amount of processing power given is proportional to the number of nodes in the network. Large blockchain shards are divided into groups of small shards that are fast. MOAC has lofty ambitions: it uses multichain architecture with microchains built on top of the MOAC base layer. It also plans to enable crosschain atomic swaps between blockchains like Bitcoin or Ethereum, just like Komodo does. Both intend to do so via sharding. The MOAC testnet launched November 2017, and the MOAC ERC-20 token and wallet were created in February 2018. Mainnet MOAC launched at the end of April 2018 with Ethereum support, and a mainnet explorer is available on the MOAC.io website. Sharding is due for a December 2018 release. Tokenized MOAC transactions occur on the base layer, and sidechains handle smart contracts. Sidechain creators determine their individual consensus model, so traditional models like Proof-of-Stake or Proof-of-Skill can be used, along with new hybrid models. MOAC aims to be the mother of all cryptocurrencies, and its ambitions are backed by one of the strongest technical teams in blockchain. Based in China, the team has experience in blockchain, enterprise IT, and more. MOAC is a Proof-of-Work algorithm whose token started as an ERC-20 token on the Ethereum network. This base layer supports tokenization using other consensus mechanisms. MOAC decentralizes block processing using microchains and a technique called sharding. Microchains are cross-compatible and can soon be made cross-compatible with other chains for atomic swaps. MOAC has a strong community mostly based in China, where it has a strong presence across social media. This community can build it into a strong dApp, tokenization, and exchange platform.

Feathercoin FTC

Feathercoin (FTC or ₣) is an open source cryptocurrency, published under the license of MIT / X11.1, based on the Litecoin protocol. On 16 April 2013 Feathercoin successfully forked from Litecoin by the creation of its genesis block. As a cryptocurrency, creation and transfer of coins is based on an open source cryptographic protocol (the blockchain) and is not managed by any central authority. The hashing algorithm chosen for Feathercoin was the Proof-of-Work NeoScrypt, which had premiered on Phoenixcoin. NeoScrypt is 25% more memory intense, which makes it less feasible to create ASICs for it. The main programmer is Peter Bushnell, at the time running the information technology for the Brasenose College of Oxford University. He explained his motivation for developing the coin in an interview with Vitalik Buterin. One month after launching Feathercoin, Peter Bushnell left his job as head of IT at the Brasenose College of Oxford University and lived off his Litecoin savings. Feathercoin was launched on 16th April 2013 and as developed by Peter Bushnell. It was forked from Litecoin, with the aim of making Feathercoin what Litecoin was supposed to be: a faster, more secure, and stable version of Bitcoin. The consensus mechanism is based on the Proof of Work (PoW) concept. The Feathercoin network runs on the NeoScrypt hashing algorithm, making it much easier and faster to mine. Feathercoin enjoyed rapid adoption by users soon after its launch, gaining immense popularity, and establishing itself as a worthy contender in a BTC/LTC dominated market. Feathercoin can be mined using either processors (CPUs) or graphics cards (GPUs). Due to the hashing algorithm of FTC, it cannot be mined with an ASIC card. Mining software is available for download at their official site. Wallets for FTC can be found over at their official website, including both desktop and mobile wallets.. While the paper money you are used to carrying around is (or can be) stored in a physical wallet, cryptocurrencies, like all digital currencies, have to be stored in a software-based digital wallet. Although you will find links to feathercoin wallets throughout the web, the only safe way to know that you're downloading the latest and correct version is by scrolling to the bottom of the coin's official home page and selecting the button for your particular operating system. Feathercoin wallets are available for Android, Linux, macOS and Windows platforms.

SOURCE: COINGECKO

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