METAHASH: BLOCKCHAIN 4.0

in btc •  6 years ago 

The rise in the price of bitcoin and cryptocurrency market capitalization in a whole in the year 2017 has increased awareness of the Blockchain technology. Various industries intrigued by the idea of decentralization and its inherent advantages and have adopted the technology to save cost and enjoy better security in their operations.

Blockchain technology originally created to record bitcoin transaction in 2008, have evolved beyond that, from been just a ledger for transactions(bitcoin Blockchain) to Blockchain 2.0 capable of executing smart contract(Ethereum) to Blockchain 3.0 (EOS) which is more advanced with better scalability and improved consensus algorithm.

Due to the growing demand and adoption of Blockchain, existing Blockchain network faces various issue like high and increasing cost of cryptocurrency transactions, slow speed, high technical know-how needed to tokenize assets as good programming skills are required, the current PoW algorithm(mining) which limits transactions speed and leave the network dependent on expensive hardware and electricity that cost billions of dollars. Thanks to MetaHash Blockchain 4.0 all these issues of current Blockchain network are taken care of.

WHAT IS METAHASH

MetaHash is a Blockchain network for creating real-time decentralized applications and exchange of digital assets. The Metahash network scales endlessly as regards to the capacity of resources available. The project is designed to create a single solution which enables Blockchain systems to unite into a unique decentralized network and still have all the qualities of the next generation Blockchain, these qualities include

Arrant decentralization which provides total confidence to users of the network.

Complete synchronization which enables users to get immediate access to last information

Transaction speed of up to 3secs

High bandwidth to keep the network at a low price, as a smaller amount of resource can confirm more transactions per unit time

COMPONENT OF THE METAHASH NETWORK

TraceChain

The answer for the speed issue depends on a programmed self-learning algorithm for directing signs over the network. Beginning at a rate of 50,000 transactions for each second (the ability of a 100-megabit channel), it develops as more hubs with higher data transfer capacity is added to the network framing the centre of the network and enhancing the unwavering quality of extra #DataChains which are required for running applications.

MetaHash

Decentralized applications uses nodes added by #Metahash network.

Nodes added to the #MetaHash network are used by decentralized applications. Developers can create can publish the application in MetaApps and #MetaHashCoin holders will decide to vote or approve it. Thus reflect the entire value of the network.

#MetaGate

This is interface developers use to publish their app on the network. The TraceChain protocol makes it possible to work with #MetaAps.

#MetaHashCoin

This is a utility token and the currency of the network. It is used to consensus and pays for services on the network.

ICO DETAILS

Ticker MHC

Token type Ethereum

ICO Token Price 1 MHC = 0.0391 USD

Fundraising Goal 36,000,000 USD

Total Tokens 20,240,000%

Available for Token Sale 12%

Whitelist No

Know Your Customer Yes

Accepts ETH, BTC

For more information, please visit the following links:

Official Website: https://metahash.org

Whitepaper: https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf?v=4

Telegram: https://t.me/metahash_ENG

Twitter: https://twitter.com/themetahash

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

ANN Thread: https://bitcointalk.org/index.php?topic=4342587.0%20-%20ANN%20thread

Medium: https://medium.com/@themetahash

WRITER:

Bitcointalk Username:Jivwe

Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1718700

Eth Address:0xAE0bc183fF3dfd2022142c2E914CD55D56EDA438

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!