MOAC MOAC to Pundi X NPXS Exchange

Crypto Pair Details: MOAC to NPXS

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.

Pundi X NPXS

Pundi X is the project that wants to make spending crypto as easy as a credit card. Creators of the NPXS token hope that it will one day be used on their Ethereum-based Point-of-Sale devices. This approach could give basic banking services to underdeveloped regions like Latin America and Indonesia. One of the most notorious pain points in crypto is the ability to actually make purchases. Pundi X cryptocurrency plans to change all that by distributing hundreds to thousands of point-of-sale smart devices to retailers so they can accept payment in the form of NPXS, the network’s proprietary crypto token. If it can distribute the devices for free and with lower transaction fees than current card and mobile payment solutions provide, it’s a grand-slam idea. Pundi X raised $35 million during its ICO from September 2017 through January 21, 2018. 35,000,000,000 NPXS (at the time known as PXS) were sold during the ICO presale and crowd sale. The team retained 15,750,000 and another 1,750,000,000 was distributed to early investors and the rest was held by Pundi X for further development and marketing. It also set aside 2 percent of sold tokens to fund bounty programs across social media and online platforms. The Pundi X team are a talented group of technologists and entrepreneurs, which seems to be exactly what this project will need for success. In general the management team is comprised of computer engineers turned serial entrepreneur. The glaring exception to this is CEO and founder Zac Cheah, who was formerly an HTML games developer, but perhaps this is why he surrounded himself with such a strong team. The President of Pundi X, Constantin Papadimitrou, has a long history of founding successful fintech companies, and scaling them, which makes him an ideal fit for a project that will need rapid growth and adoption. The CTO/COO Pitt Huang created and sold his first business by the age of 25 and went on to create and sell several more business, including one that had over 200 employees. The company is working on developing a card, which they are naming the XPASS card, which will work together with the mobile app and wallet, enabling payments and deposits by card (a familiar medium for most) that are pulled from the mobile wallet. In addition, users should be able to see the current market price of each cryptocurrency before paying for goods and services, allowing them to pay with the cryptocurrency that brings the best value at the time. This ability to pay for things easily with cryptocurrencies is what will finally give them real value in a widespread sense. Pundi X has taken on an impressive and ambitious task in tackling what could amount to everyday adoption of cryptocurrencies by the masses, if their vision is realized. The technology seems appropriate for what they’re attempting, and the delivery of the first 500 POS devices shows that there is substance behind their efforts.'

SOURCE: COINGECKO

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