MFA Chain is a decentralized electric industry public chain, which aims to use blockchain technology to solve the problem of interaction between the film industry and social scenes. Blockchain-based solutions will be provided for problems such as the coupling between movies and users, the anonymity of users in the film production process, the unmarkability of electronic copyrights, and the delay in electronic transmission. MFA Chain plans to use independent public chain technology with high-speed transmission capabilities, and at the same time integrate public chain cross-chain technology to provide strong blockchain underlying support for the electronics industry. In practical application, MFA Chain mainly promotes the development of digital currency in the electronic industry through the following three aspects.
In the first aspect, MFA Chain marks the value of electronic projects in the form of digital assets, and provides safe, convenient and decentralized blockchain link solutions for electronic projects. Users can conveniently communicate with any electronic project that has marked the value of digital assets, so that the financing, production, distribution and income of electronic projects can be directly shared with users. This will not only allow ordinary users to share the dividends of the development of the Electronic Association industry, but also greatly reduce the financing threshold and financing costs of the film project party, and effectively promote the rapid development of the film industry through the blockchain.
In the second aspect, MFA Chain will become a public chain capable of high-speed movie transmission and compatible with Turing-complete smart contracts on the market. The main chain of MFA Chain is a non-contractual blockchain based on multipoint-to-point (point to point) transmission technology. On the main chain, professional blockchain services are set for the film industry, which can facilitate film transmission , Copyright storage and film traceability and other functions avoid the industry constraints brought by a single smart platform. MFA Chain provides proprietary cross-chain and cross-platform contract technology, compatible with Turing's complete smart contracts on the market, and has the expansion function of one-click publishing side chains, which can freely combine the main chain and side chains. Based on this cross-chain and cross-contract technology, whether it is a contract asset on the MFA Chain or a digital asset on a non-MFA Chain, value can be freely transferred through the MFA Chain. The MFA Chain open API interface will provide distributed computing power and distributed data interfaces for digital assets on the MFA Chain on the basis of the MFA Chain main chain, greatly enriching the practicability of the MFA Chain.
In the third aspect, MFA Chain will jointly issue cinema all-in-one machines and movie cards based on MFA Chain through cooperation with cinema chains, ticketing applications, and terminal organizations. Users can apply for a virtual or physical MFA movie card online through the MFA Chain cinema all-in-one machine, use any digital currency for movie payment settlement, and be able to conduct online and offline consumption in tens of millions of movie theaters around the world, which will greatly expand Application scenarios of digital currency in the film industry. The ticket terminal and movie card based on MFA Chain will open up a bridge linking digital assets to the real world. With the continuous development of blockchain technology and the film market, MFA Chain, as the public chain of the film industry, will develop more abundant blockchain solutions for the film industry, provide chain support for more film projects, and help film projects to Blockchain assets carry out value marking and circulation, contributing to improving the ecological efficiency of the blockchain-based film industry and promoting the prosperity of the film market.

Project Features

Anti-quantum computer attack
MFA Chain's high-performance public chain adopts a disordered storage technology system, which can effectively resist quantum computer attacks and is the third-generation public chain For core technology innovation and technical principles, please read the technical characteristics and innovation chapters.
Support large-capacity data transmission
MFA Chain high-performance public chain supports high-speed transmission of video and audio files. Any node can upload large-capacity data by paying Gas fees. All nodes Provide block-based high-speed transfer.
Node decentralization
The block confirmation mechanism of MFA Chain's high-performance public chain is set to select nodes from the entire system. Since nodes are randomly selected in the entire system, both There will not be a large mining pool like PoW, nor will there be an oligarch produced by a pure PoS mechanism, and there will be no candidate nodes fixed within a certain range like DPoS. Under the decentralized block node mechanism of the MFA Chain public chain, all block nodes are equal, and the selection of nodes is unpredictable. Compared with the 51% attack of PoW, the MFA Chain public chain needs to control more than 2/3 of the users before it can attack.
Quick Transaction Confirmation
MFA Chain's high-performance public chain uses random selection to solve the problem of transaction confirmation efficiency. That is, first randomly select some users to generate a new block, and then randomly select a small group of users from these users to produce and verify the block. In the process of selecting users, the probability of a user being selected is positively related to the assets held by the user in the MFA Chain. Through this random transaction confirmation mechanism, transaction confirmation can be completed in the shortest time, and transaction security can be taken into account.
In other blockchain systems, two branch chains generally exist at the same time. After competition, one of them is selected as the backbone, and the branch chain is discarded. Then split on the new trunk, go round and round, continue to fork, select the trunk, discard it, and fork again. In such a process, the transaction efficiency is low, and the transaction confirmation cycle is prolonged.
Strong expansion performance
MFA Chain high-performance public chain not only supports side chain and API expansion, but also supports the expansion of intelligent hardware. For side chain and API expansion, MFA Chain provides a one-click access function, even if you do not understand blockchain technology, you can quickly use and expand.
High computational efficiency
MFA Chain high-performance public chain nodes only perform some simple operations. For example, nodes can verify digital signatures, count the number of messages received, or send short messages. Moreover, this amount of computation remains constant as the network grows. This means that in the MFA Chain public chain, regardless of the number of nodes in the system, calculations can remain highly efficient, while transaction costs can be kept low.
MFA Chain's high-performance public chain has designed a very mature solution in terms of computing efficiency, interface expansion, transaction security, industry integration and block fairness. As a pioneer of blockchain in the film industry, MFA Chain has broad application prospects. It is believed that in the near future, with the development of the MFA Chain public chain, it has the strength to become an important part of the global blockchain field.

Project business model

 
交易费用
在MFA Chain公链上， 数字资产的创建和转账、合约创建、节点传输都需要消费MFA代币作为Gas矿工工fee.
Computing power fee
On the MFA Chain public chain, if the application side needs to quickly generate a side chain, it needs to deposit a certain amount of MFA tokens into the contract that configures the contract assets. To attract miners to provide computing power. Similarly, if the application side needs the user to provide decentralized computing power and data support, the application side also needs to pay a certain amount of MFA tokens in advance.
Value marking fee
On the MFA Chain public chain, if any film project wants to use MFA for financing, crowdfunding, distribution and copyright confirmation, etc., it needs to pay MFA tokens to apply for Movie item value tagging. The process of value labeling is irreversible, and the gas fee and labeling speed of value labeling are determined by the speed and transaction volume of the block at that time.
Resource transmission fee
On the MFA Chain public chain, any video and audio are allowed to be multipoint-to-multipoint transmission. The transmission process is efficient and cross-time zone. Uploading and publishing It is necessary to pay the MFA currency as the gas fee for resource transmission at the first time.
Asset Exchange Fee
To complete the exchange between different contract digital assets, users need to pay a certain exchange fee to obtain decentralized exchange services.
Service fee deduction
When users conduct digital currency exchange transactions through MFA coins, they can use them to deduct service fees according to the current market value of MFA coins. In the later stage of the MFA project, it is planned to allow MFA coins to automatically deduct digital asset transaction fees through self-built exchanges.
User incentives
Users who bind MFA movie cards through MFA wallets will receive an incentive reward of 10% of the transaction fee for each consumption, automatically in the form of MFA tokens Issued to the user's wallet. This not only allows users to get rewards, but also further expands the user base of MFA Chain.