Our COO and Director, Alex Hui, talks at E-Crypto News.

E-Crypto News, a US-based famous crypto/blockchain media, reached out to Alex and asked 10 interesting questions.

For full text, please visit their site.

https://e-cryptonews.com/ecrypto-news-talks-moonstake-limited-coo-alex-hui/

Moonstake, a technology company with a specific focus on blockchain and staking technologies, today announces the launch of its mobile wallet. Moonstake Mobile Wallet is now available at App Store and Google Play. 

As many wallets only support a limited range of cryptocurrencies, users are forced to switch between wallets to manage their assets and processing staking and get rewards which is remarkably inconvenient. In order to solve that issue, Moonstake mobile Wallet provides a one-stop staking solution. 

Moonstake wallet allows users to fully manage their private keys on their devices, users can synchronise assets status with the newly released mobile Wallet, which can dramatically elevate users’ convenience.

Users can send, receive, stake and get reward through the wallet. At the same time, it will allow users to access a varios assets in preventing from downloading different wallets per each coin and over 2000 tokens with one single pass phrase. Assets stay in the user’s existing wallet, so no need to worry about their account being hacked from the platform and private keys & passphrases are encrypted and stored in the user’s local device. 

Besides, to be an all-in-one gateway for users to maximize usage and potentials of cryptocurrency, Moonstake Mobile wallet supports multiple assets such as Cosmos and IRISnet, and soon major cryptocurrencies, such as Ontology, Harmony, Quras and more are expected to join. 

Previously Mooonstake launched Web wallet  and with this launch, coin holders have full access to Moonstake’s staking functions via web and mobile wallet. Seamless user experience to fully manage their private keys on their device and synchronise assets on staking functions with one click with Moonstake wallet!

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Lately, partnership has been announced with  Ontology, Binarystar, Japan’s biggest blockchain hub,DLF Holdings Limited (SGX: KUX), a Singapore Catalist-Listed company and Quras to create a more prosperous ecosystem together in asia. Industry’s reputed advisors, such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake’s innovative journey. 

Alex Hui, Director at Moonstake, appeared in a series of Podcast episodes by Tokyo FinTech with Haichao Zhu, Associate Director at the Algorand Foundation hosted by Norbert Gehrke, Founder of Tokyo FinTech.Alex and Haichao had an exciting session about the proof-of-stake and its enormous potential to support the growing blockchain industry.

Besides, Alex, representing Moonstake, explained the company’s decent plan to build a pan-Asian staking business and answered the question why Moonstake focused on the Proof-of-Stake rather than Proof-of-Work mining pool. Whereas, Haichao of Algorand, an open source public blockchain based on a pure proof-of-stake consensus protocol, talked about its PoS protocol, the features of Algorand 2.0, and recent developments.

The podcast is available at the following link;
https://podcasts.apple.com/us/podcast/episode-25-algorand-moonstake/id1497776730?i=1000471629816

MOONSTAKE GROWS MOMENTUM IN STAKING POOL CLIENT DEVELOPMENT

Today, Moonstake announced its partnership with Quras that allows staking pool participants to stake XQC to earn XQG.

Moonstake is in the process of establishing the requisite technical environment to operate as a node with full cooperation by Quras.

“Moonstake is delighted to welcome Quaras to the Moonstake family. Our growth and acceleration in client development is evidence of a robust staking marketplace and we aspire to be one of the industry leaders in helping shape this industry,” said Alex Hui, Director of Moonstake.

Quras will provide public relations and technology support. Moonstake’s partner Binarystar, which runs Japan’s biggest Blockchain Business Hub in Tokyo, has agreed to enter into this partnership to support these activities by hosting events and overseeing community development.

“Staking is a great opportunity to join the ecosystem through blockchain validation. Also, joining a staking pool simply helps to add more active users for us. We have been considering which pool to partner with as our first. The Moonstake team is established from a professional team with experience, which was just what we were looking for,” explained Ken Misuma, CMO of Quras. “We are thrilled to announce our partnership with Moonstake.”

Quras has a strong community in Japan and through this partnership together with Binarystar, Moonstake anticipates further cooperation in building its presence in the Japanese market.

MOONSTAKE CONTINUES TO BUILD MOMENTUM IN ASIA.

Moonstake Pte Limited, entered into a strategic business alliance with Ontology, a high-performance public blockchain and distributed collaboration platform headquartered in Singapore.

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

“Moonstake will start staking Ontology’s “ONT” coin inside its staking pool,” confirmed Chia Hock Lai, Chief Strategic Officer of Moonstake. “Through this partnership, we will collaborate with Ontology in the technology infrastructure and public relations.”

Hock Lai continued, “Moonstake’s partner Binarystar will also support marketing efforts for this partnership and both companies by event organization and local community development.”

Moonstake’s goal of these coordinated activities is to work with Ontology to cultivate an Asian investor community, to energize the community, and drive staking activity and accelerate industry adoption of Proof of Stake (PoS) transaction validation.

“As Japan is one of the important countries for Ontology, we’ve set our local office here with the support of Binarystar–Japan’s biggest Blockchain Business Hub in Tokyo. Also formed a strategic partnership with GUMI to build the decentralized blockchain network from a combination of industry specific modules, in addition to identity authentication, data exchange and sharing. We believe with the collaboration of Moonstake, we will attract more local stakers to delegate their “ONT” to Moonstake platform and create a more prosperous ecosystem together” said Andy Ji, Co-founder of Ontology.

“Binarystar is excited by this partnership where our complementary skills and resources are brought together to achieve synergies that would not have been possible otherwise in the staking space,” said Junya Yamamoto, Chief Executive Officer of Binarystar. “These advantages include technical infrastructure expertise, geographic markets, marketing know-how and a pool of potential clients.”