Product Information
What is Mo chain?
MO Chain is based on the PoA consensus algorithm, which allows for shorter block times and lower fees. The most binding validator candidates will stake to become validators and generate blocks. Double-sign detection and other slashing logic ensure security, stability, and chain finality. MO Chain also supports EVM-compatible smart contracts and protocols. Thanks to inherent interoperability capabilities, cross-chain transfers and other communications are possible.
Mo Chain is:
EVM-compliant: Supports all existing Ethereum tools while offering faster finality and lower transaction fees.
Interoperable: Includes efficient native dual-chain communication; designed to scale high-performance dApps requiring swift, seamless user experiences.
Proof of Stake is distributed through on-chain governance, fostering decentralization and community participation. MO, as the native token, serves as both gas for smart contract execution and a staking token.
Concept
Consensus
The MoChain consensus engine was created with the following objectives:
Confirmation waits for a few blocks (should be less than Ethereum 1.0), with forks being rare in most cases.
Block time should be under 5 seconds, similar to Ethereum 1.0.
No inflation, as block rewards come from transaction gas fees. Fully compatible with Ethereum.
Possesses robust staking and governance akin to COSMOS.
Geth implements two types of consensus engines: ethash (PoW-based) and clique (PoA-based). Since MO abandons PoW, Ethash is unsuitable. Clique offers shorter block times, immunity to 51% attacks, and minimal modifications to underlying data structures to maintain compatibility with existing Ethereum clients. However, centralization and the lack of substantial on-chain staking and governance are drawbacks of PoA. On the other hand, MoChain is built atop Cosmos, which features implemented staking and governance structures.
Thus, we propose a consensus engine where:
MoChain handles staking and governance for TC.
MO's consensus engine remains as straightforward as clique.
We examined other notable PoA consensus implementations and found that Bor follows a similar approach to the above. To achieve all these goals, we will draw inspiration from some of Bor's ideas and introduce a new consensus engine.
Infrastructure Components
MoChain is responsible for the staking function, determining MO's validators through independent elections, with the election workflow managed by the staking process.
How to use Mo chain?
Mo Chain is a high-performance blockchain platform based on the PoA consensus algorithm, offering shorter block times, lower fees, and support for EVM-compatible smart contracts and cross-chain interoperability.
Core Functions of Mo chain
Based on blockchain, WEB3, blockchain
Usage Scenarios of Mo chain
- Run high-performance decentralized applications (dApps)
- Execute smart contracts
- Perform cross-chain asset transfers and communication
- Participate in network staking to maintain security and governance
Common Questions about Mo chain
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