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Draft:Moonchain

From Wikipedia, the free encyclopedia
Moonchain
Denominations
CodeMXC
Development
White paperMoonchain Whitepaper
Developer(s)Moonchain Foundation
Ledger
Circulating supply2,642,132,371 MXC
Administration
Date of introduction2018
Website
Websitewww.moonchain.com

Moonchain is a blockchain platform that operates a Layer 3 network built on Ethereum. It is focused towards decentralized solutions for the Internet of Things (IoT), Decentralized Physical Infrastructure Networks (DePIN) and Artificial Intelligence (AI).

Overview

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Moonchain was initially launched in 2018 by the Moonchain Foundation in Berlin, Germany. Moonchain's network is built on Ethereum and leverages zkEVM (zero-knowledge Ethereum Virtual Machine) technology to enhance scalability, privacy, and cost efficiency.[1][2][3][4]

Moonchain supports decentralized Internet of Things (IoT) and decentralized physical infrastructure networks (DePIN). The platform aims to provide scalable solutions for the connectivity and data transfer of IoT devices.[5][6]

In 2024, Moonchain launched its own mainnet and native cross-chain products to facilitate transactions across different blockchain networks.[7][8][9]

Moonchain's native token, MXC, is used for transactions, gas fees, and governance within the network. It is also employed in decentralized applications hosted on the Moonchain platform.[10][11]

References

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  1. ^ "Moonchain (MXC) Price Today, News & Live Chart | Forbes Crypto Market Data". Forbes. Retrieved 2024-09-18.
  2. ^ "Current Moonchain (MXC) Price in USD | Live MXC to USD Conversion". www.altrady.com. Retrieved 2024-09-18.
  3. ^ https://finance.yahoo.com/quote/MXC-USD/profile/
  4. ^ https://www.coingecko.com/en/coins/moonchain
  5. ^ "Moonchain Explorer - DePIN Scan". depinscan.io. Retrieved 2024-09-18.
  6. ^ "Moonchain (MXC) Coin Profile, Info and Statistics | FXEmpire".
  7. ^ "Moonchain price today, MXC to USD live price, marketcap and chart". CoinMarketCap. Retrieved 2024-09-18.
  8. ^ "Moonchain (MXC) current price is $0.006658" (in Thai). 2024-04-22. Retrieved 2024-09-18.
  9. ^ "The original MXC completed the brand upgrade to Moonchain and successfully launched the mainnet and cross-chain products". Binance Square. Retrieved 2024-09-18.
  10. ^ "Moonchain Price | MXC Price Index, Live Chart and USD Converter - Binance". www.binance.com. Retrieved 2024-09-18.
  11. ^ "Moonchain Price (MXC), Market Cap, Price Today & Chart History". Blockworks. 2024-09-18. Retrieved 2024-09-18.