MoFAS

About MoFAS

MoFAS positions itself as a specialized blockchain platform engineered for high security and performance. The company was established to address what it identified as fundamental security and speed limitations in existing blockchain architectures. Information from 2018 indicates its market entry, highlighted by an Initial Coin Offering (ICO) for its native token, FAS.

The core of MoFAS's offering is its proprietary blockchain infrastructure. A key component is the "Double Linked Blockchain," a dual-chain structure designed to enhance consensus speed and efficiently distribute information processing. In this system, one chain manages transactions while a parallel "white chain" holds smart contract information, with the two forming a combined chain during verification to bolster reliability. To tackle transaction speed, MoFAS employs a "Hyper-Frequency Transaction (HFT) Blockchain" and a unique consensus algorithm called "Hyper DPOS." This algorithm builds upon the standard Delegated Proof-of-Stake (DPOS) by incorporating hardware reliability and other indicators to select nodes, aiming for a more secure and effective block management system.

The business model appears centered on the utility of its FAS token within its ecosystem and providing a high-throughput blockchain solution for developers and enterprises requiring robust security. The company claims its architecture, which also leverages hardware improvements like specialized network cards and SSD Raids, can achieve a transaction processing speed of one million transactions per second. This positions MoFAS to serve clients in sectors that demand rapid and secure transaction capabilities, such as finance, data processing, and complex smart contract applications.