Friends, I think you already got that #MetaHash project is global and ambitious, that it is an idea providing a new beginning to technologies, accessible not only to advanced users, but also to an average customer.
The world found out what is blockchain back in 2009 when the most-famous cryptocurrency Bitcoin introduced it. 4 years later, in 2013, Smart contracts system was introduced by 2nd most popular cryptocurrency Ethereum and it became blockchain 2.0. Last year, EOS and other similar coins emerged introducing higher performance and better consensus, and crypto-enthusiasts labeled them as blockchain 3.0. So what’s going to happen next? Blockchain 4.0?
We often mentioned that #MetaHash is a next-generation network on blockchain 4.0 technology, but what does it exactly mean? How different is the 4th version of blockchain from previous ones and how did #MetaHash manage to upgrade its network to the latest version of this technology? Answers to this and other questions will be revealed in this article.
#MetaHash has its own blockchain, called #TraceChain protocol. Here are several reasons why #TraceChain belongs to the 4th generation of blockchains:
All the best features of 3rd generation blockchain (faster consensus, ultra-fast transaction confirmation) are included.
#TraceChain uses multi consensus voting on node roles, supported by the multiPOS (Multivote Proof of Stake) principle.
Full decentralization and full synchronization.
High bandwidth, that allows the network to keep transaction prices low because it has sufficient resources to process more transactions per unit of time. The lower the transaction price, the more potential customers are interested in using the platform to store their financial transaction info and technical data.
Possibility to convert any Ethereum ERC20 digital asset (token) into #MHC and transfer it to the #MetaHash network, or convert it back.
Possibility for shops to instantly accept payments in #MetaHash digital assets.
#MetaHash block anchors in the Bitcoin and Ethereum networks.
The uniqueness of the #MetaHash project lies in its versatility. Key components of this network merge into a harmonic system that allows complex decentralized apps to work under high traffic conditions in real time. So, what ensures the reliability and stability of this seine? The following components of #MetaHash system determine full security and synchronization of the resource:
#TraceChain
Automatic self-learning algorithm for traffic routing over all the network allows to increase the speed in the geometric progression. Starting at the speed of 100,000 transactions per second on one node, the network accelerates to more than 5 billion transactions per day as long as nodes with higher bandwidth are added to it, forming the core and providing security of additional #DataChains needed for running applications.
#MetaApps
The free servers added to the #MetaHash network insure stability of decentralized applications that participate in the project. The key code #MetaApps optimizes the location of apps on the basis of required resources and financial motivation of servers’ owners connected to the network. Any user can create and publish an application in #MetaApps, where security clearance is regulated by open vote of #MetaHashCoin owners, that reflects the universal values of all network members.
#MetaGate
This is the user interface with an open source for working with #MetaApps and networks on #TraceChain protocol. Third-party developers can use the code #MetaGate, implementing the technique of managing networks #TraceChain / #Blockchain and # MetaApps in various applications and browsers.
#MetaHashCoin
#MHC is a digital asset that acts as means of payment in the network. #MHC provides consensus and regulates self-financing of the network development. Digital assets in the form of tokens in #MetaHash network can be exchanged within the network, and also converted into tokens of other networks and back.
Limitations of Blockchain
Everyone talk about the block chain technology but are reluctant to talk about its limitations. The block chain technology has been overhyped and in reality it has limitations that need to be addressed. The problems slowing down the development of block chain is its complexity, transaction cost , network speed, network size, security flaw and political aspect which is open to debate. The block technology has competitors that are working towards solving these problems.
A leading blockchain-based digital asset exchange network and decentralized real-time application platform, today announced the public debut of its TraceChain protocol and MetaGate browser. The MetaHash network is designed to solve many of the issues currently plaguing the industry, including partial centralization, high fees, and slow transaction speeds. Interested parties can now download the free browser to experience the first geographically distributed network capable of processing over 50,000 transactions per second, at no more than three seconds for approval. The network is available for trial on Windows, OS X and Unix, with iOS and Android to follow shortly.
What Is MetaHash?
MetaHash is a blockchain-based digital asset exchange network and decentralized real-time application platform. The versatile network utilizes artificial intelligence (AI) to synchronize cross-continental nodes to create an optimal map of the network, based on latency rates. The technology then redistributes the data accordingly, harnessing the full power of the entire network, enabling unprecedented processing speeds capable of five billion transactions per day, at no more than three seconds for approval of each transaction.
The platform, based on its unique TraceChain protocol, offers unparalleled speed, security, and decentralization at the lowest price per transaction in the history of the blockchain. Signaling the future of the distributed web, MetaHash is among the pioneers of blockchain interoperability, allowing networks to interact and integrate with each other.
Advertising technology trailblazers, Gleb Nikitin and Vladimir Bashkin joined forces with Anton Agranovsky, an entrepreneurial business and product development leader, to form MetaHash’s founding team. With a common vision of blockchain interoperability as the future of the distributed web, the team developed MetaHash, a pioneering next-generation solution based on Blockchain 4.0, which allows networks to interact and integrate with each other.
The MetaHash system is comprised of four components that form a single, synergistic entity:
- TraceChain
An automatic self-learning signal routing protocol, TraceChain can process more than 50,000 transactions per second. It grows as more nodes with higher bandwidth are added to the network, forming its core and improving the reliability of additional DataChains needed for running applications. - MetaHashCoin (MHC)
MHC is a digital asset that acts as means of payment in the network. MHC provides consensus and regulates self-financing of network development. Digital assets in the form of tokens in the MetaHash network can be exchanged - MetaApps
The core code of MetaApps optimizes the location of application copies based on required resources and financial motivation of the owners of nodes connected to the network. Any developer can create and publish an application in MetaApps, while MetaHashCoin holders decide via open vote whether or not to approve updates or changes, reflecting the universal values of all network members. - MetaGate
MetaGate is a browser for decentralized applications that includes a multi-currency wallet. Via its open source interface, third-party developers can use MetaGate code to embed MetaApps and TraceChain/blockchain features into various applications and browsers.
How It Works
- Speed
Here Metahash just use 3 seconds can do 5 billion transactions per day here role node very role in the distribution - Reliability
With its unlikely to gain control of the network then each transaction is protected by 5 different cosensus algorithms for real destabilization among the real people of the group - Blockchain Interoperability
Sending MetaHash directly to another network by using its other digital asset (token) and each asset can be converted to MetaHash coin
ICO Details
Ticker Symbol: MHC
Price 1 MHC = 0.0125 ETH
Platform: Ethereum
Accepts:: ETH
Country: Russia
Restrictions: None
Platform: Ethereum
Accepts:: ETH
Country: Russia
Restrictions: None
More Information Complete Please Visit:
Website : https://metahash.org/
Whitepapper : https://metahash.org/docs/MetaHash_WhitePaper_EN.pdf
Telegram : https://t.me/metahash_eng
Twitter : https://twitter.com/themetahash
Facebook : https://www.facebook.com/MetaHash/
Youtube : https://www.youtube.com/channel/UCIkBIrd1q7JkLLj43KgG8zA
Medium : https://medium.com/@themetahash
Instagram : https://instagram.com/themetahash
Reddit : https://www.reddit.com/r/MetaHash_community/
Website : https://metahash.org/
Whitepapper : https://metahash.org/docs/MetaHash_WhitePaper_EN.pdf
Telegram : https://t.me/metahash_eng
Twitter : https://twitter.com/themetahash
Facebook : https://www.facebook.com/MetaHash/
Youtube : https://www.youtube.com/channel/UCIkBIrd1q7JkLLj43KgG8zA
Medium : https://medium.com/@themetahash
Instagram : https://instagram.com/themetahash
Reddit : https://www.reddit.com/r/MetaHash_community/
AUTHORSHIP BY rezqiano
My Bitcointalk profil : https://bitcointalk.org/index.php?action=profile;u=1271152
My ETHERIUM Address : 0xBD40fE1dDEa0057D469b1c1Ac74637279F9056F5
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