METAHASH: The Solution to Blockchain Challenges.

in metahash •  6 years ago  (edited)

As blockchain, which is mostly known as the backbone technology behind Bitcoin continues to mature and find areas of adoption other than cryptocurrency, technology vendors are working to integrate their systems with the blockchain technology. The technology builds up a ‘Single Version of Truth’ for tracking various transactions and supporting peer to peer networking with a horizontal topology with no centralized node, and this has made it one of the hottest and most intriguing technologies currently in the market, as it will be used to bring the power and benefits of the blockchain, such as decentralized transfer of value, transparency, and immutability.

Similar to the rising of the internet, the blockchain technology has the potential to enable new ways of exchanging value securely while ensuring a reliable transaction and as well to genuinely disrupt different industries and make processes more democratic, transparent, and effective.

Entrepreneurs, investors, and global organizations have all identified blockchain as a world-changing technology, as it has enabled people to facilitate non-traditional ways of generating income.

Despite all the benefits, there are some problems that the technology needs to address.

Blockchain transactions can be slow and cumbersome as it takes several hours to finalize, making it unable to handle large amounts of transactions for concurrent users. This makes it a problem in the idea that you will be able to use them to pay for any product you decide to purchase except the seller is willing to take on an element of risk.

Blockchain relies on encryption to provide its security which offers tremendous savings in transaction costs and time yet the high initial capital costs is always an obstruction. There are security worries that additionally should be tended to before the general public will entrust their own information to a blockchain solution. Resolving all these challenges will be crucial in making blockchain widely applicable.

WHO CAN WE TRUST?
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#MetaHash, the next-generation network based on the Blockchain 4.0 technology, provides the solution to the above challenges. This platform is used for sharing digital assets, creating and managing decentralized apps and services in real-time.

Highlights of the benefits of #MetaHash

  1. It completes any amount of transactions in the #MetaHash network;

  2. The Transaction cost is lower compared to any regular Blockchain;

  3. The data storage cost is reasonable with #TraceChain for decentralized projects;

  4. Any asset can easily be tokenized into #MetaHashCoin to circulate in #MetaHash, Ethereum, and other networks.

Brief Explanation of the four components of the system

#TraceChain: The fastest and most secure Blockchain with more than five billion transactions per day, and no more than three seconds to validate a transaction.

#MetaApps: The New generation of smart Contracts with a decentralized real-time application that is operated like regular web services and developed with the help of any programming language including C ++, PHP, Solidity, and others. These programs are independent and can exist forever and they do not belong to anyone.

#MetaGate: The Decentralized Internet with a multi-asset wallet that won't overload your computer.

#MetaHashCoin: This is used to ensure the reliability of the network, exchange services and regulate its self-financing and development.

The Comparison table of the main Blockchain systems

The Unprecedented speed and decentralization of the #TraceChain network make #MetaHash the flagship of Blockchain.
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ROADMAP

2012- 2016: A network library for receiving signals, working on C++ and capable of simultaneously receiving and sending more than 100,000 requests per second to one inexpensive standard server.

2017:

Q2: Development of #TraceChain protocol (Alpha version).

Q3: Development of #TraceChain protocol (Beta version).

AdNow team joins us.

Q4: Agranovsky IT team joins us.

Formation of Business Development team.

Formation of Operational Team.

2018:

Q1: #MetaHash website official launch.

Start of the Operational Team office construction.

Onboarding of experts and advisors.

Q2: Development of #MetaChains (v.2.0). API featuring transaction history and balance of wallets associated with different blockchain platforms. Decentralized application containing information about transactions in the Ethereum and Bitcoin networks which is necessary to provide blockchain interoperability in #MetaApps.

Release of #MetaGate (v.2.0). Encrypted messenger for public notifications and messaging between wallets.

Q3: #MetaICO (v.4.0). Release of the #MetaToken application, tokenization of ETH, ERC20, Bitcoin to #MetaHashCoin for use in the #MetaHash network.

 #TraceChain (v.6.0). #MetaStorage, service for decentralized applications.

#MetaApps (v.2.0). The platform for self-deployment of third-party decentralized applications.

#MetaGate (v.3.0). Final release of #MetaGate wallet for Mac/Win/Unix/Android/iOS with #MetaApps catalogue.

Q4: #TraceChain (v.7.0). Start of forging.

ICO Round B start or conclusion of the Listing Agreement with the duly organized and regulated crypto exchange.

Further plan announcement.

2019:

Q1: Extensive security testing.

Source code release upon the completion of testing.

Launch of a fully decentralized system.

For more information about this project, the team and how you can partake in the token sale, visit the following links;

WEBSITE: https://metahash.org/

WHITEPAPER: https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf?v=5

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

ONE-PAGER: https://static.metahash.org/docs/MetaHash_OnePager_EN.pdf

TELEGRAM: https://t.me/metahash_ENG

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

TWITTER: https://twitter.com/themetahash

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