MoneyPools Technology Announces MoneyPools Blockchain (MPC) Financial Services Blockchain – MoneyPoolsCash Tokens (MPC)<\/p>\n\n\n\n
MoneyPools Blockchain (MPC) as well as Blockchain cryptocurrency is a combination of the best parts of two pioneering blockchain networks, Bitcoin and Ethereum. MoneyPools Blockchain crypto token (pronounced as MoneyPoolsCash (MPC) is a blend of Ethereum\u2019s smart contract component and Bitcoin\u2019s unspent transaction output model (UTXO).<\/p>\n\n\n\n
MoneyPools Blockchain (MPC)\u00a0is a secure exchange for business-oriented decentralized applications (dApps). With its revolutionary network, MoneyPools Blockchain (MPC) will position itself at the core of industries such as social networking, finance, logistics, market making – direct ledger technology (DLT) securitizing assets, corporate, bonds, real estate, commodities, gold, oil, uranium, and metals by disrupting the online transactions market including interoperability with FedNow, Fedline, Global Fiats, BRICS and other Central Bank Digital Currencies.<\/p>\n\n\n\n
Bitcoin\u2019s UTXO element offers formidable transactional security whereas Ethereum\u2019s smart contract functionality verifies the self-executing code on the blockchain and carries out the terms of the deal, making the contract irrevocable.<\/p>\n\n\n\n
MoneyPools Blockchain (MPC) is a Bitcoin fork, it supports Ethereum EVM and supports smart contract creation. MoneyPools Technology Blockchain has integrated DGP management into its system to adjust to new blockchain settings via smart contracts reducing hard forks significantly.<\/p>\n\n\n\n
MoneyPools Blockchain (MPC) has a proof-of-stake (PoS) consensus algorithm allowing users to stake a process a node.<\/p>\n\n\n\n
In\u00a0response\u00a0to\u00a0various\u00a0problems\u00a0in\u00a0blockchain\u00a0technology\u00a0and\u00a0industrial\u00a0applications,\u00a0the\u00a0MoneyPoolsCash (MPC) Chain\u00a0development team united the community development forces, dug into the underlying technology,\u00a0and developed and implemented a series of technologies through the “Value Transfer Protocol”\u00a0upgrade and other\u00a0innovative solutions to\u00a0build a sustainable\u00a0public blockchain.<\/p>\n\n\n\n
By creating the AAL (Account Abstraction Layer) the UTXO model and the smart contract Account\u00a0model\u00a0ecosystem\u00a0were\u00a0integrated,\u00a0effectively\u00a0solving\u00a0the\u00a0problem\u00a0of\u00a0insu\ufb03cient\u00a0compatibility\u00a0between\u00a0different blockchains;\u00a0Innovative\u00a0research\u00a0and\u00a0development\u00a0of\u00a0the\u00a0MoneyPoolsCash (MPC) \u00a0x86\u00a0virtual\u00a0machine\u00a0further\u00a0enriched\u00a0the\u00a0programming\u00a0development\u00a0capability,\u00a0decoupled\u00a0the\u00a0operating\u00a0system\u00a0from\u00a0the\u00a0virtual\u00a0machine,\u00a0and\u00a0pushed\u00a0the development of smart contracts\u00a0to the mainstream;<\/p>\n\n\n\n
Innovatively launched the PoS (Proof-of-Stake) consensus mechanism, with PoS nodes spread all over the world, enabling the effective collaboration of global PoS peer-to-peer networks;<\/p>\n\n\n\n
Developed the \ufb01rst DGP (Decentralized Governance Protocol) system for on-chain governance to maintain the stable operation of the entire system.<\/p>\n\n\n\n
To\u00a0meet\u00a0the\u00a0operating\u00a0system\u00a0and\u00a0development\u00a0needs\u00a0of\u00a0different\u00a0users,\u00a0and\u00a0keep\u00a0truly\u00a0open\u00a0source,\u00a0MoneyPoolsCash (MPC) \u00a0Chain provides different versions of the MoneyPoolsCash (MPC) \u00a0system, including mobile terminal services,\u00a0launching commercial path modules to encourage third-party developers and create an in\ufb02uential\u00a0worldwide open source community ecology. The ultimate goal is to integrate the blockchain into\u00a0different\u00a0industries\u00a0such as\u00a0\ufb01nance,\u00a0social networking,\u00a0gaming,\u00a0and the\u00a0Internet\u00a0of Things.<\/p>\n\n\n\n
As the most promising blockchain ecosystem, the MoneyPoolsCash (MPC) \u00a0Chain perfectly combines the advantages of\u00a0Bitcoin and Ethereum and solves the inherent shortcomings of existing blockchain systems. MoneyPoolsCash (MPC) \u00a0Chain will continue to build a basic platform, as well as the development and iteration of various\u00a0product development and commercialization projects, to gradually form a blockchain economy,\u00a0improve\u00a0industry\u00a0e\ufb03ciency,\u00a0and\u00a0promote\u00a0the\u00a0e\ufb03cient\u00a0and\u00a0coordinated\u00a0development\u00a0of\u00a0the\u00a0blockchain\u00a0economy.<\/p>\n\n\n\n
MoneyPools Cash (MPC) Chain \u2013 De\ufb01ning the Blockchain Economy.<\/p>\n\n\n\n
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As a decentralized public chain, the MoneyPoolsCash (MPC) \u00a0Chain regards blockchain governance as an important\u00a0aspect\u00a0of\u00a0achieving\u00a0sustainable\u00a0development.\u00a0The\u00a0governance\u00a0model\u00a0of\u00a0the\u00a0MoneyPoolsCash (MPC) Chain\u00a0includes\u00a0two\u00a0main\u00a0aspects.\u00a0One\u00a0is\u00a0on-chain\u00a0governance\u00a0which\u00a0uses\u00a0DGP,\u00a0the\u00a0other\u00a0is\u00a0off-chain\u00a0governance,\u00a0which\u00a0established\u00a0the\u00a0non-pro\ufb01t\u00a0MoneyPoolsCash (MPC) \u00a0Chain\u00a0Foundation.\u00a0Through\u00a0the\u00a0introduction\u00a0of\u00a0DGP\u00a0and\u00a0the\u00a0establishment of the MoneyPoolsCash (MPC) \u00a0Chain Foundation, MoneyPoolsCash (MPC) Chain applies both human governance and code\u00a0governance to the public blockchain, thereby realizing the decentralization of blockchain governance\u00a0and effective governance\u00a0decision-making.<\/p>\n\n\n\n
On-chain governance is the negotiation and execution process of the blockchain network update\u00a0protocol\u00a0embedded\u00a0in\u00a0the\u00a0MoneyPoolsCash (MPC) \u00a0blockchain\u00a0system.\u00a0MoneyPoolsCash (MPC) \u00a0Chain\u00a0provides\u00a0a\u00a0new\u00a0on-chain\u00a0governance model for\u00a0blockchain networks\u00a0by the design\u00a0of DGP.<\/p>\n\n\n\n
The core character of DGP is that in addition to allowing MoneyPools Cash (MPC) \u00a0token holders to participate in the\u00a0voting and negotiation of the upgrade and iteration of the blockchain network, it also introduces a\u00a0way\u00a0for\u00a0other\u00a0participants\u00a0in\u00a0the\u00a0ecosystem,\u00a0including\u00a0developers,\u00a0community\u00a0member\u00a0representatives,\u00a0miners,\u00a0and\u00a0other\u00a0multi-party\u00a0participants\u00a0to\u00a0propose\u00a0and\u00a0vote\u00a0for\u00a0on-chain\u00a0governance\u00a0proposals.<\/p>\n\n\n\n
06<\/p>\n\n\n\n
DGP manages the parameters of the blockchain network through smart contracts embedded in the genesis blocks and clari\ufb01es the governance seats and proportion of governance participants for each party. Any participant can initiate a proposal, and the type of proposal includes the increase of management or governance seats, deletion, modi\ufb01cation of common network parameters, etc. Participants with governance seats vote on the proposal, decide whether the proposal is approved, and execute the approved proposals through smart contracts.<\/p>\n\n\n\n The\u00a0on-chain\u00a0governance\u00a0mechanism\u00a0on\u00a0the\u00a0DGP\u00a0is\u00a0compulsory\u00a0and\u00a0automatic.\u00a0It\u00a0can\u00a0realize\u00a0the\u00a0automatic\u00a0upgrade\u00a0and\u00a0continuous\u00a0update\u00a0iteration\u00a0of\u00a0the\u00a0MoneyPoolsCash (MPC) \u00a0blockchain\u00a0system\u00a0through\u00a0real time\u00a0effective\u00a0decision-making\u00a0and\u00a0execution\u00a0mechanisms.\u00a0At\u00a0the\u00a0same\u00a0time,\u00a0the\u00a0on chain\u00a0governance\u00a0process\u00a0is\u00a0public\u00a0and\u00a0transparent,\u00a0and\u00a0the\u00a0process\u00a0is\u00a0easy\u00a0to\u00a0audit\u00a0and\u00a0traceback,\u00a0which\u00a0helps\u00a0to\u00a0ensure the fairness of the entire governance process and improves decision-making efficiency\u00a0without\u00a0worrying\u00a0about\u00a0the impact\u00a0of\u00a0the soft\u00a0and\u00a0hard forks\u00a0on\u00a0the\u00a0network and\u00a0the\u00a0community.<\/p>\n\n\n\n 07<\/p>\n\n\n\n The MoneyPoolsCash (MPC) \u00a0Foundation is a non-pro\ufb01t company o\ufb03cially will be registered in Singapore in November\u00a02023.\u00a0The\u00a0MoneyPoolsCash (MPC) Chain\u00a0Foundation\u00a0helps\u00a0to\u00a0manage\u00a0the\u00a0general\u00a0development,\u00a0progress,\u00a0and\u00a0privileges\u00a0of open source community projects through the development of good governance mechanisms. It is\u00a0committed to the development and construction of the MoneyPoolsCash (MPC) \u00a0blockchain project and the advocacy\u00a0and\u00a0promotion\u00a0of\u00a0governance\u00a0transparency\u00a0to\u00a0promote\u00a0the\u00a0safe\u00a0and\u00a0harmonious\u00a0development\u00a0of\u00a0the\u00a0project.<\/p>\n\n\n\n The\u00a0design\u00a0goals\u00a0of\u00a0the\u00a0MoneyPoolsCash (MPC) Chain\u00a0Foundation\u00a0governance\u00a0structure\u00a0mainly\u00a0consider\u00a0the\u00a0sustainability of open source community projects, the effectiveness of management, and the safety\u00a0of\u00a0raised funds.<\/p>\n","protected":false},"excerpt":{"rendered":" MoneyPools Technology Announces MoneyPools Blockchain (MPC) Financial Services Blockchain – MoneyPoolsCash Tokens (MPC) MoneyPools Blockchain (MPC) as well as Blockchain cryptocurrency is a combination of the best parts of two pioneering blockchain networks, Bitcoin and Ethereum. MoneyPools Blockchain crypto token (pronounced as MoneyPoolsCash (MPC) is a blend of Ethereum\u2019s smart contract component and Bitcoin\u2019s unspent transaction output model […]<\/p>\n","protected":false},"author":1,"featured_media":305,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,130,3],"tags":[128,129,127],"class_list":["post-303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-banks","category-blockchain","category-financial-technology","tag-moneypools-blockchain","tag-moneypools-technology-blockchain-cash","tag-moneypoolsblockchain"],"_links":{"self":[{"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/posts\/303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/comments?post=303"}],"version-history":[{"count":8,"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/posts\/303\/revisions"}],"predecessor-version":[{"id":319,"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/posts\/303\/revisions\/319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/media\/305"}],"wp:attachment":[{"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/media?parent=303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/categories?post=303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneypoolstechnology.com\/index.php\/wp-json\/wp\/v2\/tags?post=303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/td><\/tr> <\/td> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n 2.1.3 Public and Transparent On-chain Governance<\/h4>\n\n\n\n
2.2 MoneyPools Cash (MPC) Chain Foundation<\/h3>\n\n\n\n