INTRODUCTION
Low speed and encrypted nature of blockchain service webs and the lack of interaction between different blockchains are the reasons why the sector have not technologically advanced at a faster pace. Its always believed that the full decentralization of the internet will grant complete Autonomy away from the sceptre of major corporations.
#Metahash is a self-regulating network which is patterned to bring the panacea that will unite the future blockchain units into a fully decentralized unit that will be able to keep accurate record of any transaction. It works with the view that projects on the network are not only to give profits to a particular group of stakeholders but to deliver service efficiently to users.
THE NEED TO REINFORCE THE CRYPTOCURRENCY ECONOMY
=>There is a need to step up the rate of transactions on the network per day,as this is going to give the network to chance to come to the frontline in the area of transactions in the world.
=> The blockchain network need to harness channels so as to start making transactions free of charge,a very possible and easy way to achieve that is to start using Metahash coins for minor transactions. The network may not be entirely free as they will charge as the network load increases and utilize the funds in the security of the network,as done in #metahash.
=>The rate of transactions approval is generally not fast enough,but if its too worked on and increased;the ability of the network to bring into practice their own technology will be positive.
=>Bringing into play the built-in processes of tokenization of any assets;exchanging digital assets,this is a method of transactions done by blockchain networks that is beneficial to the growth of the network as it makes the technology accessible to individuals who lack programming skills,hence additional users.
Metahash is the perfect model for all blockchain networks.
COMPONENTS OF THE METAHASH NETWORK
Metahash is a tetra-structured Network,the different parts unite to form an unpredictable solution that enables complex decentralized application to work in a real-time mode,even with high amounts of system dataload. The parts include:
=>TraceChain:
This is involved with maintaining the high speed rate of loads of transactions,and this speed rate increases as nodes of higher bandwidths are added to the network and this gives rise to the heart or data storage of the network,which enhances the trustworthiness of attachee programs such as #datachain which help in running application on the network.
=>MetaApps
The main aim of the #metaApp is to improve location of copies of applications,this is achieved if the necessary resources are available and also if the owners of nodes on the network gives financial aids for the development to be done. #MetaApp applications can be developed by anyone,then its now left for the #Metahash token owners to decide whether or not to approve it,and its approved depending on how important it will be to network users.
=>#MetaGate
This is an open point of connection of that uses the #TraceChain policies to be able to work with #MetaApps and networks. Developers are allowed to use #MetaGate to encapsulate #TraceChain and #MetaApp features into many applications.
=> #MetaHashCoin
This is #MetaHash's network own cryptocurrency;it is uses to get general acceptance and make payment for all network services and also for sponsoring personal projects.
ICO
ROADMAP
TEAM AND ADVISORS
This model network is an invention of the combined visions of a group of individuals with the positive revolutionary mindset;they are headed by Gleb Nikitin(co-founder,partner, CRO),Anton Agranovsky(co-founder,partner,CBDO) and the likes of Daniel G. Viola in the advisory team and a host of geniuses who all worked together to bring into reality, this model network.
CONCLUSION
#MetaHash as a network had enabled decentralized applications to work as regular web services on a normal level and also allows autonomous small chains to be attached to and protected by #MetaHash and they are governed by #Tracechain's policies.
#Metahash allows full conversion of assets on the blockchain into #MetaHashCoins and also advocates for interaction among blockchains as it believes that the internet will be more developed if the blockchains interact and are united in their supposed autonomous nature.
For more information about the project use the links below
Website: https://metahash.org/
Whitepaper: https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf?v=5
Telegram: https://t.me/metahash_ENG
Facebook: https://www.facebook.com/MetaHash/
Authors Bitcointalk Username: ambition
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2192942;sa=forumProfile
Eth address: 0x7323782438d68e885918c0f5D31Cb26d148B8ACd