Good day everyone,i would be introducing you all to a very interesting project called METAHASH PLATFORM.MetaHash is the fastest and most secure cryptocurrency in the world working on the TraceChain protocol.Today i would be writing on the following;
a) WHAT IS METAHASH?
b) ADVANTAGES
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.The MetaHash platform allows any project to become fully decentralized. Thousands of projects require decentralization right now, but the speed and capabilities of existing blockchain operators aren’t sufficient to meet those needs.
GOALS AND OBJECTIVES
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 voting of users or MetaHashCoins 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 source 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.
MetaHash enables the creation of:
A) Decentralized applications that work in real time like ordinary web services and applications and can respond to events both in any of the blockchain networks and on the regular internet;
B) Independent sub-chains protected by the main MetaHash network that also operate on the basis of the TraceChain protocol. These sub-chains are created so thousands of MetaApps can cost-effectively operate without overloading the main network and slow other applications. Lots of applications are waiting for a solution to build isolated, cost-effective and secure chains that would let them transfer the required data;
C) Digital assets in the form of tokens in the MetaHash networkfor sharing within the network and converting to the tokens (digital assets) of other networks. Any asset in another blockchain system (ETH, ERC20, Bitcoin) can be converted to MetaHashCoins.
MetaHash supports the concept of blockchain interoperability assuming that the future of the internet lies in the ability of independent networks to interact and integrate with each other.
ADVANTAGES
The core advantages of the METAHASH PLATFORM would be listed below;
A) Modern blockchain projects imply that cryptocurrency can only be used by technical specialists, traders and blockchain enthusiasts. Cryptocurrencies are complex and incomprehensible to a mass audience;
B) Today, none of the existing or prospective systems provide sufficient speed and convenience to make blockchain solutions usable on an industrial scale;
C) Speed, high transaction fees and huge complexity are the issues that the TraceChain protocol is designed to address.
THANKS FOR READING.
To know more about this platform ;
visit the website: https://metahash.org/
join the telegram group: https://t.me/metahash_ENG
my bitcointalk link: http://bitcointalk.org/index.php?action=profile;u=1070043
whitepaper link: https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf?v=5
ANN/BOUNTY THREAD LINK: https://bitcointalk.org/index.php?topic=4415424.0
facebook link: https://www.facebook.com/MetaHash/
twitter link: https://twitter.com/themetahash
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