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Introducing MahaChain, The DAO-Powered Blockchain by MahaDAO -Breaking

by Mike Robinson

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MahaDAO introduces MahaChain: The DAO-Powered Blockchain.

MahaDAO is a decentralized autonomous organisation that recently launched MahaChain. This revolutionary blockchain has built-in economic policies and smart contracts.

MahaChain policies bear a resemblance to those of a Central Bank. However, MahaChain uses different economic policies such as buybacks and interest rates to encourage and boost the growth dApps in a MahaChain ecosystem.

MahaDAO, a brand synonymous with decentralization, takes a community-centered approach in order to create a better financial system with an equitable and non-concentrated wealth reserve. MahaChain, which will be launched in March, will support the vision of MahaDAO, as well as create a secure and scalable blockchain network.

MahaChain – The DAO-Powered Blockchain with built-in Economic Policies

Launch of the MahaChain is planned for the first quarter in 2022. The testnet launch will be in January 2021. In a whitepaper jointly written by Steven Enamakel, MahaDAO Creator and Suhas Kuntarni (Economist), the economic policies of MahaChain will also be codified into MahaChain. MahaDAO’s introduction of economic policies is a way to create and manage a fully decentralized economy.

MahaChain, an EVM-fork, uses a Proof of-Stake consensus algorithm originally developed by the POSDAO. The blockchain will support 100 validator nodes through an initial voting process that involves $MAHA token holders. This dual-token structure will allow $MAHA to play a larger role as a Proof of Stake token that governs and protects $ARTH.

MahaDAO will be able to open the MahaChain portal to NFTm Gaming and other dApp builders after the launch of MahaChain. MahaChain now allows users to deploy their apps and earn MAHA tokens. But the main focus of blockchain is still on high inflation countries such as Venezuela, Argentina, Turkey and so forth. The residents of these countries have the ability to use an inflation-proof, stable currency as well as invest in or interact with MahaChain-based projects.

MahaChain’s unique approach is different from other EVM chain layer-1 in the sector. With several bridgers, it will enable interoperability starting at day zero. This allows users to access the liquidity from other blockchains, such as MahaChain’s Polygon or BSC Chain.

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