#MetaHash Basics. Part 1

in #blockchain5 years ago

net-960x691.png

Friends, the #MetaHash community continues to grow. So, it is high time to repeat the basics and remember what exactly the #MetaHash network differs from others, what it consists of and what the global goal of the project is.
Project Description
#MetaHash is a new generation network built on the basis of Blockchain 4.0 technology for the exchange of digital assets and at the same time it is a platform for creating as well as for managing decentralized applications and services that work in real time.
Objective of the project
The #MetaHash system solve the blockchain trilemma and get rid of control over key projects by individual corporations — project management will be transferred to users.
Project objective
The self-regulating #MetaHash network 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 voting of users or #MetaHashCoins holders.
Project Features
The #MetaHash project implements a solution that simultaneously possesses all the qualities of Blockchain new generation, namely:
Decentralization, which ensures absolute trust of users to the network;
Full synchronization, thanks to which each user has instant access to the most relevant data;
А transaction speed of up to 3 seconds, which provides unconditional ease of system using and a guarantee of the full operation of decentralized applications;
High bandwidth, which allows the network to keep transaction prices low due to the fact that a similar amount of resources can confirm more transactions per unit time;
Low commissions, due to which a huge number of potential customers will be interested in using the network for transfer and storage of payment means and technical data.
Project structure
The following components of the #MetaHash system provide network security and synchronization:
#TraceChain
The solution to the speed problem is based on an automatic, self-learning algorithm aimed at routing signals over the network. Starting at a speed of 50,000 transactions per second (it is a bandwidth of a 100 megabit channel), it grows with adding a sufficient number of nodes with a higher bandwidth to the network. It forms the core of the main network and stabilizes the reliability of additional #DataChains needed for applications to work.
#MetaApps
Free servers added to the #MetaHash network are used for the decentralized applications involved in the project. The key code #MetaApps optimizes the location of applications copies taking into account the required resources and financial motivation of owners of servers connected to the network. Any developer can create and list an application in #MetaApps — the admission to work on the network is regulated by open voting of #MetaHashCoin owners, which allows reflecting the universal values ​​of all network participants.
#MetaGate
An open source user interface for working with #MetaApps and networks based on #TraceChain protocol. Third-party developers can use #MetaGate code applying the methods of working with the #TraceChain / Blockchain and #MetaApps networks in various applications and browsers.
#MetaHashCoin
#MHC is a digital asset, a mean of payment for the network. It is used to ensure consensus, pay for all network services and regulate self-financing of its development. Digital assets in the form of tokens can be exchanged within the network, as well as converted to tokens (digital assets) of other networks and vice versa.
We will discuss each component of the #MetaHash project in detail, so, do not switch!

— — — — — — — — — — — — — — — — — — — — — — — — — —
Our website: https://metahash.org
Telegram: https://t.me/metahash_ENG
Twitter: https://twitter.com/themetahash

Sort:  

Warning! This user is on our black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
If you believe this is an error, please chat with us in the #appeals channel in our discord.

Coin Marketplace

STEEM 0.25
TRX 0.11
JST 0.029
BTC 69302.00
ETH 3683.40
USDT 1.00
SBD 3.34