MetaHash - The Fastest Crypto-currency in the World

The popularity of cryptocurrencies in 2017 caused thousands of blockchain projects of different scales and focus to appear. However, the growth of most of these projects was limited by the technical capabilities of the existing blockchain / operators / networks.

The low speed, closed nature of blockchain networks, and their inability to interact with each other, are the real problems slowing down the development of this technology in general. #MetaHash is designed to create a single solution that allows blockchain systems of the future to unite into a single decentralized network, capable of recording each and every transaction.

The self-regulating #MetaHash network, in fact, creates a basis for the emergence of a fully-fledged branch of the decentralized internet. It doesn’t depend on individual creators once launched and is managed by open voting1 of users or MetaHashCoins2 holders.

A fully decentralized internet would bring freedom from the control of large corporations. Project management would be in the hands of end users.

The key distinction of decentralized projects running on open source3 code is the fact that they are built the way users need them. Projects are created for users rather than for maximizing benefits to a limited group of stakeholders, which harms both the market and the users.

What is Metahash

MetaHash is a next-generation network based on the Blockchain 4.0 technology for sharing digital assets and a platform for creating and managing decentralized apps and services in real-time.

Mining/forging of MHC

• Servers - Used for the operation of the transaction network, free resources used for the operation of decentralized applications.
• MetaGate wallets - In Full mode, nodes are used as a data storage and Torrent Nodes.
• MetaHashCoins - Strengthen the security of consensus on the hybrid voting model for PoW + PoS components.

MHC received from the sale of services are used for:

• training developers who build their projects on MetaHash 
• improvement of project quality
• promotion of MetaHash
• payments to owners of MetaHashCoins for consensus support
• payments to the owners of servers and computers

Four components of the system:

• TraceChain - The solution to the speed problem is based on an automatic self-learning algorithm for routing signals over the network. Starting at a rate of 50,000 transactions per second (the capability of a 100-megabit channel), it grows as more nodes with higher bandwidth are added to the network forming the core of the network and improving the reliability of additional DataChains which are needed for running applications.
• MetaApps - Nodes added to the MetaHash network are used by decentralized applications. 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, and MetaHashCoin holders will decide by open vote whether or not to approve it, reflecting the universal values of all the network members.
• MetaGate - This is an open source interface using the TraceChain protocol making it possible to work with MetaApps and networks. Third-party developers can use the MetaGate code to embed MetaApps and TraceChain/ blockchain features into various applications and browsers.
• MetaHashCoin - The network's digital payment currency. It is used to ensure consensus, to pay for all network services and to control self-financing. Recognised by FINMA on July 3, 2018 as Utility token with payment function. #MHC tokens are qualified as payment means in accordance with the AntiMoney Laundering Act.

For Information

Website: https://metahash.org/

Whitepaper: https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf

Facebook: https://www.facebook.com/MetaHash

ANN: https://bitcointalk.org/index.php?topic=4342587.0

Twitter: https://twitter.com/themetahash

Telegram: https://t.me/metahash_ENG

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