#METAHASH: An Innovative Blockchain with Speed

Introduction

Ask any banker or financial experts to mention happenings that shook the world of finance in the past, and they would make reference to the collapse of the Lehman Brothers on September 2008. However, six weeks later something happened, something that is going to change the world of finance. On October 2008, a pseudonymous cryptographer named Satoshi Nakamoto came up with a project named bitcoin which runs on blockchain technology.

Interest to know, this technology has continued to grow. New and advanced blockchains that doesn’t act on the premises of currency alone are being developed. Developers now develop blockchain to go beyond transfer of value. It’s now able to execute simple tasks such as verifying maybe a deal has been fulfilled by a party to a contract. This is achieved by a “smart contract” which is a computer protocol which allows the execution of credible transactions without third party. Example of such advanced blockchain technology is #MetaHash.

What is #MetaHash

#MetaHash is a decentralized network aimed for a digital asset exchange and it has a platform where decentralized app (DApps) that works in real time are built. The #MetaHash network uses an artificial intelligence that helps to synchronize cross continental nodes which based on latency rate creates an optimal map of the network. The data is redistributed accordingly while harnessing the full power of the whole network. The network has an unprecedented processing speed of 5 billion transactions per day while each transaction gets confirmed at no more than 3 seconds.

The #MetaHash network is the fastest and the most secure cryptocurrency in the world and it works on the #TraceChain protocol.

Problems and solutions

Existing blockchains are faced with problems that might hinder global blockchain solutions. Good news is that #MetaHash has a solution.

• Existing blockchain has low transaction per day (up to 2 million). #MetaHash is increasing this to as high as 50 billion transactions per day. This will allow cryptocurrencies and blockchain technology to gain worldwide adoption.
• Existing projects charge as high as $400 as transaction fees. #MetaHash will make transaction free for most transactions.
• Proof of Work (PoW) is the conventional algorithm used by existing blockchain projects which limits transaction speed and requires expensive resources for the protection of the network. This problem is solved by forging #MetaHashCoins with wallet and nodes. This provides important resources and eliminates pointless ones.

#MetaHash Structure

The network consists of four parts;

TraceChain

It’s an automatic self-learning signal routine protocol. TraceChain has the ability to process more than 50,000 transactions per seconds. As more nodes of higher bandwidth are added to the network, the network grows which forms its core and improves the reliability of the network.

#MetaHashCoin (MHC)

#MetaHashCoin is the platform currency and acts as a mean of payment in the network. MHC regulates self-financing and provides consensus for network development. The MHC token can be used and exchanged to other currencies like BTC, ETH etc.

MetaApps

Based on the financial motivation and required resources of the owners, the core code of MetaApps optimizes the location of application copies. As a developer, you can create your desired app on the #MetaHash network using MetaApp. #MetaHashCoin hodlers will decide via an open vote whether to change or approve changes or updates. This reflects how valuable network members are.

MetaGate

#MetaGate is a browser for decentralized applications. It includes an open sourced interfaced multi-currency wallet. Third-party developers can use MetaGate code to embed TraceChain and MetaApps features into various browsers and applications.

Tokens

The MHC token will be an Ethereum blockchain based (ERC 20).

Token details

Token symbol: MHC
Total tokens: 9.2 billion tokens
Hard cap: $36,000,000
Price/Conversion rate: 1 MHC = 0.0391 USD

Conclusion

#MetaHash is still a new project and it will suffice to say it’s a project to look forward to if they finally succeed and hopefully they will. The speed of the network being the selling point will take them further in the market and wallet and browser already developed will benefit the end users of the platform.
While it is a work in progress, it certainly looks promising from an investment and tech point of view.

You can learn more about the project by visiting the following links;

WEBSITE: https://metahash.org
WHITEPAPER: https://metahash.org/docs/MetaHash_WhitePaper_EN.pdf
TWITTER: https://twitter.com/themetahash
FACEBOOK: https://facebook.com/MetaHash
GITHUB: https://github.com/metahashorg
REDDIT: https://www.reddit.com/user/MetaHash/
BITCOINTALK: https://bitcointalk.org/index.php?topic=4342587.0%20-%20ANN%20thread
MEDIUM: https://medium.com/@themetahash
TELEGRAM: https://t.me/metahash_ENG

AUTHOR: Miracle24
LINK: https://bitcointalk.org/index.php?action=profile;u=1231391
ETH ADDRESS: 0x008830b5833e3f491e5f8d1496b00b9272d97cca