MOAC MOAC to Melon MLN Exchange

Crypto Pair Details: MOAC to MLN

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.

Melon MLN

The fast-growing demand for cryptocurrencies calls for a convenient way to administer them. Melon is one such platform that works through a blockchain protocol allowing easy and efficient maintenance of cryptocurrencies. Acting as a hedge fund, Melon presents a fully customizable administration of your digital assets. You can use it as an online vault that allows you to store and transact your funds through its web portal. Melon was developed to meet the need for a cost-efficient and technologically advanced hedge fund to manage digital assets. Reto Trinkler and Mona El Isa founded the company, Melonport AG in July 2016. The company created Melon as a digital asset management protocol. It is a first of its kind system that enables the users to store, administer, and invest in crypto assets through a decentralized network. Melon works through a fully decentralized infrastructure. All the information of the user, such as smart contracts, assets, and records are saved on a decentralized blockchain network. It not only offers reliability for the storage of information but also reduces the risk of custody. The protocol also offers a decentralized system of execution through the Ethereum Virtual Machine (EVM). Smart contracts are distributed across multiple Ethereum networks to provide better efficiency and security for the assets. With the Melon protocol, users can save both time and money for investing in a hedge fund. Additionally, there is no requirement of a third party approval from a lawyer or advisor. Melon’s ICO was launched in February 2017 and sold out within 10 minutes. Melonport is aiming to bridge the gap between the portfolio managers and the investors by removing the role of the third parties such as law firms. Melonport’s CEO, Mona El Isa comes from a strong financial background and is versed with the problems of the investment industry. There is still a lot of work to be done on the Melon project, even though things are looking quite positive already. An audit of the protocol has been completed already, and the project continues to advance. No further specifics have been provided on the website, although it remains to be seen what the future holds. Bringing more value to Melon Coin would be a good idea, yet it remains to be seen how that might be achieved.

SOURCE: COINGECKO

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