The past year has been a gloomy one for the blockchain industry. Even the very word "blockchain" because synonymous with scamming in many countries and many media reports suggested that 90% of tokens in the market would end up having no value at all. Governments from major countries in the world have been regulating tougher and tougher policies on blockchain related projects. On one hand, even though blockchain technology is still being encouraged, the public has become more and more doubtful whether they can be of any benefit the real economy at all, and on the other hand the top public blockchains have already established major dominance in this new market. Will there be any opportunity for any new public blockchains to succeed?

Although the market looks tough and te future seems unpromising, we, a group of blockchain developers and blockchain business practitioners, have gathered and decided to launch a blockchain project, small but beautiful, to try to prove to the world, that blockchain technology can improve the welfare of businesses, especially the Small and Medium Enterprises (SMEs). We call ourselves Mellivora Capensis (Latin for Honey Badger) Family, a family of extraordinarily brave creatures in this world who dare to fight against tougher enemies no matter how dire their situation. Our project is called MCF Chain, a decentralized public blockchain platform designed for value-exchange and asset-exchange among authentic businesses, allowing businesses to benefit from a shared customer base thus improving the welfare of businesses by means of a shared economy, and our cryptocurrency is called MCF.

To be more specific and in a language readable for a non-technical business audience, our MCF project wants to be able to assist businesses with innovative asset tokenizing using blockchain technology. We can help in the following aspects:

Providing a turnkey solution for SMEs to issue tokens, manage their tokens and allow their token holders to exchange on the MCF blockchain without the need to go through any third-party centralized exchange, thus eliminating undesirable  listing costs, avoiding considerable transaction costs and complicated market value management costs for businesses while they bravely embrace the opportunity of using blockchain technology to grow their businesses.

Providing a low-cost solution for businesses to tokenize their customer loyalty point programs (including vouchers) and benefit from a shared platform where customers can use different point tokens to exchange for a variety of products or services from other businesses in the platform.

Below are key functions of the MCF Blockchain：

Account Setup and Management

Wallet and payment transactions for MCF coin.

Asset Management including issuing tokens, one-key airdrops, locking etc.

Messages

Tokens can be bought or sold using the MCF Native coin thus effectively enabling users to exchange one token for another

Group Management

Blockchain Explorer

Here are some important specifications about our MCF Chain.

MCF is positioned as a blockchain platform designed for value-exchange and asset-exchange among authentic businesses.

In terms of the consensus mechanism, MCF uses PoA (Proof of Account). The advantage of Proof of Account is that much like PoS it doesn’t need high energy costs or expensive specialized hardware but also as it doesn’t require “staking” there is more incentive to “spend” than to “hoard” (meaning that it should lead to more economic activity). It may start as being centralized looking like DPoS, but over time as child minting accounts are created, it will become far more decentralized. In this PoA implementation the initial genesis minting accounts will be limited to one hundred. Genesis accounts are distributed among early investors, strategic resources contributors for MCF ecosystem, founding developers and founding business members, who together have contributed to the development and launch of this project. The MCF project has not performed any ICO nor accepted any other type of funding other than donations before the product launch. Donations collected will be used to support the development team’s work for the longer term and for the founders to continuously improve the MCF family team.

MCF Chain rewards minting accounts if they run a node that is accessible to the network. They can mint with standard computing hardware. They are encouraged to remain on line continuously to obtain MCF through minting blocks. The total amount of MCF is capped at 100,000,000. 10% will be insta-mined to be used for marketing and operation purposes for establishing the project. Most of that will be used for initial client acquisition, which will be a very important potential shared customer base to assist SMEs to benefit from using and participating in our blockchain. 90% of the total MCF coin will be created by block minting.

Minting Stage 1:

Initial Minting Accounts: 100

Initial Minting Reward: 160MCF per block

Blocks per day: 1440

Each initial minting account can create 50 child minting accounts only after they have minted 2600 blocks (on average that should take around 183 days or half of a year).

Minting Stage 2:

At block 260,001, which occurs approximately 183 days after minting has commenced, the reward will be reduced to 40MCF per block. Each child minting account can create its own 50 child minting accounts after it has minted 50 blocks.

Minting Stage 3:

At block 789,120, which occurs approximately 548 days after minting has commenced, the second reduction of reward will occur. The reward will be reduced to 10MCF per block.

Minting Stage 4：

At block 2,366,000, which occurs approximate 4.5 years after minting has commenced, the third and last reduction of reward will occur. The reward will be reduced to 2.5MCF per block for ever.

MCF Chain charges 3000MCF from businesses each time they issue a token and charges 0.00001 transaction. This will subject to change based on a voting mechanism in the blockchain. All the fees will be randomly rewarded to minting accounts. Thus although the minting reward will shrink dramatically, revenues coming from usage of the platform will continue to benefit all minting accounts.

In terms of programming languages used, MCF is mostly written in .

MCF chain’s block time is generally 60 seconds per block and the block size is at most 10MB. TPS is estimated to be around 1,000 for the initial stage but scalability plans have been made for a “layer two” approach that will be developed in the future depending demand.

To briefly sum up, MCF aims to be a more decentralized public blockchain supporting token exchange thus allowing real businesses to be able to exchange value and enhance their business via joining a shared economy. MCF is born and designed to serve businesses, especially SMEs to improve their welfare and value. We understand the blockchain market is tough nowadays. “To be or not to be. That is the question.” However, as MCF members, we don’t want it to be a question. Like Mellivora capensis, we will “take arms against a sea of troubles, and by opposing end them.” MC Families, let’s rally and rock.

Mellvora Capensis 2019

译文如下：

过去的2018年对于区块链行业来说是一个阴郁的一年。“区块链”这个词对很多国家的人们来说跟咋骗几乎成了同义词。几乎所有的媒体都在报道说市场上90%的代币最终将毫无价值。来自世界主要国家的政府一直在对区块链相关项目实施更严格的政策。一方面，尽管区块链技术仍在被鼓励，但公众越来越怀疑它们是否能对实体经济有任何好处；而另一方面，排名靠前的为数不多的公链已经在这个的市场上确立了主要的主导地位。新的公链是否还有成功的机会？

虽然市场看起来很艰难，未来似乎没有希望，但我们，一群来自世界各地的区块链开发人员和区块链业务从业者，已经聚集并决定推出一个小而漂亮的区块链项目，试图向世界证明，区块链技术可以提高企业的效益，特别是中小企业（SMEs）的效益。我们称自己为Mellivora Capensis（拉丁语是“蜜獾”的意思），这是一个世界上非常勇敢的生物家族，无论情况多么恶劣，他们都敢于与更强大的敌人作战。我们的公链被称为MCF链，这是一个分散的公链平台，设计用于实现实体企业之间的价值交换和资产交换，允许企业从共享客户群中受益，从而通过共享经济提高企业的效益。我们的加密货币叫做MCF。

通俗易懂地说，我们的MCF项目希望能够利用区块链技术帮助创新型企业进行通证化数字运营。我们可以在以下方面提供帮助：

为勇于进行创新式数字化运营的中小企业提供一站式解决方案：发行通证、管理通证和允许其通证持有人在MCF区块链上进行兑换，无需通过任何第三方交易市场，从而消除不良的上市成本，避免了大量的交易成本和复杂的市场价值管理成本。

为企业提供低成本的技术平台，使其客户忠诚度积分计划（包括代金券）通证化，并从共享平台中获益，在该平台中，客户可以使用不同的积分通证来交换来自平台中其他企业的各种产品或服务。

以下是MCF区块链的关键功能：

账户设置和管理

钱包和支付交易。

资产管理，包括发行通证、一键空投、锁仓等。

消息提醒

通证可以通过MCF链上进行买卖，让用户能够将一种通证兑换成另一种通证。

群组管理

区块链浏览器

 

以下是我们MCF公链的一些重要规格：

MCF定位为一个区块链操作系统，用于实现实体企业之间的价值交换和资产交换。

在共识机制方面，MCF使用POA（账户证明）。账户证明的优势在于，与PoS相似，它不需要高能源成本或昂贵的专用硬件，但由于它不需要“出示权益”，因此“花费”比“囤积”更具激励性（这意味着它应该导致更多的经济活动）。它一开始可能像DPoS那样集中化，但随着时间的推移，随着子铸造账户和孙账户的创建，它将变得更加分散。在这个PoA实施中，最初的创世造币账户将限制在100个。创世账户分布在早期投资者、MCF生态系统的战略资源贡献者、创始开发人员和创始企业成员中，他们共同为该项目的开发和启动做出了贡献。MCF项目在产品发布前没有进行任何ICO，也没有接受任何其他类型的资金，除了捐赠。所收集的捐款将用于长期支持开发团队的工作，并用于创始团队持续改进MCF家族团队。

如果minting帐户运行网络可访问的节点，MCF链将奖励minting帐户。他们可以用标准的计算硬件进行minting。系统鼓励他们继续在线并通过出块获得MCF奖励。MCF总额上限为1亿枚。10%将用于建立项目的营销和运营目的。其中大部分将用于初始用户获取，这将是一个非常重要的潜在共享客户群，帮助中小企业从使用和参与我们的区块链中获益。90%的MCF钱币将由出块Minting而产出。

Minting分为四个阶段：

Minting阶段1：

创世Minting账户：100

Minting奖励：每个Block奖励160mcf

每天出块总数：1440

每个创世Minting账户只能在成功出块2600个后才能创建50个子Minting账户（平均需要183天或半年左右）。

 

Minting阶段2：

在260001区块高度，也就是在Minting开始后约183天，奖励将减少到每个区块40mcf。每个儿子帐户可以在出块50个之后，创建自己的50个孙Minting帐户。

 

Minting阶段3：

在789120区块高度，也就是在Minting开始后约548天，奖励将再次减少。奖励将减少到每个区块10mcf。

 

Minting阶段4

在2366000块，这发生在Minting开始后大约4.5年，奖励最后一次减少。奖励将减少到每个区块2.5mcf, 并维持下去，直到全部产出。

MCF区块链每次在企业发行通证时会向企业收取3000MCF的费用，并且每笔交易收取0.00001MCF的费用。这将根据区块链中的投票机制进行更改。所有费用将随机奖励给造币账户。因此，尽管minting奖励将大幅缩水，但平台使用带来的收入将继续惠及所有minting账户。

在使用的编程语言方面，MCF主要是用Java（后端）和JavaScript（前端）编写的。

 

MCF链的出块时间通常为每个块60秒，并且块大小最多为10MB。初始阶段的TPS估计在1000左右，但是已经为“Layer 2”方法制定了可扩展性计划，该方法将在未来根据需求开发。

 

总而言之，MCF的目标是成为一个更分散的公链，支持链上通证交换，从而帮助实体企业通过加入共享经济来交换价值和增强业务。MCF的诞生和设计是为了服务于企业，特别是中小企业，以提高其效益和价值。我们知道现在区块链市场很艰难。“To be, or not to be: that is the question(生存还是毁灭，这是一个需要考虑的问题 ”  但是，作为MCF的成员，我们不希望这是一个问题。像Mellivora Capensis一样，我们将“拿起武器，对抗浩瀚的麻烦，并通过反对结束它们。”（来自莎士比亚的戏剧《哈姆雷特》）MC Families，让我们团结起来，摇滚吧。

 

梅尔沃拉·卡本斯2019