INTRODUCTION:
MetaHash is a decentralized network for the exchange of digital assets and a platform for the creation of decentralized applications that work in real time.
The increase in the use of cryptocurrencies by 2017 caused thousands of block chain projects of various scales and approaches to appear. However, with the great development of these projects, the technical capacities of the existing block chains / operators / networks were limited.
The slowness and closed nature of the blocking chain networks, and their inability to interact with each other, created the real problems that slow down the development of this technology in general. MetaHash is developed to create a single solution that allows the locking chain systems of the future to be united into a single decentralized network, capable of recording every single operation.
The self-regulatory network #MetaHash, in fact, creates a basis for the emergence of a complete branch of the decentralized Internet without relying on individual creators once launched and is managed by open vote of the users or owners of #MetaHashCoins.
A fully decentralized Internet would free them from the control of large corporations. Project management would be in the hands of the users alone.
The key to decentralized projects that run on open source is the fact that they are developed in such a way that users need them. Projects are created for users rather than maximising benefits for a limited group of stakeholders, which harms both the market and users.
WHAT IS METAHASH?
MetaHash is a decentralized network for the exchange of digital assets and a platform for the creation of decentralized applications that work in real time.
This platform allows the creation of:
- Decentralized applications that work in real time like the ordinary web and can respond to events in any of the networks of the block chain and on the regular Internet.
- Independent sub-strings protected by the main #MetaHash network that also work based on the #TraceChain protocol.
These substrings are designed so that thousands of #MetaApps can run cost-effectively without overloading the main network and slowing down other applications. Many applications expect a solution to build isolated, cost-effective and secure chains that support the transfer of the necessary data. - Digital assets in the form of tokens on the network #MetaHash to cooperate within the network and convert tokens (digital assets) from other networks. Any assets in another block chain (ETH, ERC20, Bitcoin) can be converted to #MetaHashCoins.
MetaHash underpins the concept of block chain interoperability, assuming that the future of the Internet lies in the ability of people to interact and integrate with each other.
TECHNOLOGY
The #TraceChain technology is the new Internet protocol where the #MetaHash network is based. It handles a mathematical model of optimal signal propagation across the network with the synchronization of thousands of computers where a network is overloaded and slowed down. To solve this problem, #TraceChain is based on mathematical algorithms powered by #TraceChain AI where all signals go from the outside radius to the cores. The signals are synchronized in multiple powerful cores to return through the network.
The more computers that need to be synchronized simultaneously, the greater the load on the network. The cores are not static and are continuously altered by voting. Adding high-performance computers to the network does not automatically turn them into cores, which protects the network against attacks. The core segments are fully decentralized and protected by additional verification and trust algorithms. The performance of the core segments of the network is checked and protected by external radios.
MAJOR ADVANTAGES
Comparison with the chain of current and future decentralized blocks and systems:
Among the main advantages it offers are the following:
Modern block chain projects imply that cryptocurrency can only be used by technical specialists, traders and block chain enthusiasts.
Cryptocurrencies are complex and incomprehensible to a large audience; Currently, none of the existing or future systems provide sufficient speed and convenience to make block chain solutions usable on an industrial scale, speed, high transaction fees and enormous complexity are the issues that the #TraceChain1 protocol is designed to address.
FUNDING MODEL
To fund the project, 9,200,000,000,000 #MHC will be put into circulation over the next 10 years. 1% of the final amount is 92,000,000 #MHC
3% of #MHC is distributed to the founders of #MetaHash for the price offered during the Private Round. It is established that the founders will not be able to sell them until January 1, 2020.
2% #MHC are reserved during the Private Round. MetaHash will obligatorily inform all Participants of the Private Round about their rights and conditions of participation. The round is necessary to verify the idea in the expert environment, to complete the team, to launch a public relations campaign and to hire consultants.
Deadline: Applications are accepted from December 20, 2017 to February 28, 2018.
10% of #MHC is distributed during ICO Round A.
The funds raised at this stage will be used to pay for a marketing campaign and to finance other projects in development.
The launch of the ICO Round A is scheduled for the second quarter of 2018.
The ICO Round A period can be changed or postponed to 3 months.
Estimated value: 0.0000625 ETH = 1 #MHC.
Round Amount A: USD 36,000,000,000*.
Initial release of #MHC (#MetaHashCoin)
All prices are in ETH (Ethereum)
The total amount of coins sold in Round A may not exceed USD 36 million.
1 #MHC = 0.0391 USD. During each round, #MHC will remain on sale until tickets are sold out.
The exchange rate is set at USD 626.09 per 1 ETH (the rate of 26.04.2018).
Note that at the time of sale of #MHC, the current ETH exchange rate will be used to calculate the number of #MHC coins sold.
ROUTE MAP
1.- 2012 -2016 - A network library for receiving signals, working in C++ and capable of simultaneously receiving and sending more than 100,000 requests per second to an economical standard server.
2nd Quarter 2017 - Development of the #Tracechain protocol (Alpha version).
3rd Quarter 2017 - Development of the #TraceChain protocol (Beta version). The AdNow team joins us.
4th Quarter 2017 - Agranovsky's IT team joins us. Training of the business development team. Training of the operational team.
5.- 1st Quarter 2018 - Official launch of #MetaHash. Start of construction of the office of the operating team. Incorporation of experts and advisors.
6.- 2nd Quarter 2018 - Development of #MetaChains (v.2.0) . API that displays the transaction history and balance of portfolios associated with different blockchain platforms. Decentralized application that contains information about transactions on the Ethereum and Bitcoin networks that is needed to provide block chain interoperability in #MetaApps.
Release of #MetaGate (v.2.0). Encrypted messenger for public notifications and inter-portfolio messages.
7.- 3rd Quarter 2018 - #MetaICO (v.4.0) . Launch of the #MetaToken application, ETH tokenization, ERC20, Bitcoin to #MetaHashCoin for use on the #MetaHash network.
#TraceChain (v.6.0) . . MetaStorage, service for decentralized applications.
#MetaApps (v.2.0) . . The platform for self-deployment of decentralized third-party applications.
#MetaGate (v.3.0) . . Final release of the #MetaGate wallet for Mac / Win / Unix / Android / iOS with the #MetaApps catalog.
8.- 4th Quarter 2018 - #TraceChain (v.7.0). Beginning of the ICO Round B forge Beginning or conclusion of the listing agreement with the cryptoexchange duly organized and regulated.
Additional plan announcement.
9.- 1st Quarter 2019 - Extensive safety testing.
Release of source code upon completion of tests.
Launch of a fully decentralized system.
ADVISORS AND CONSULTANTS.
Ian Balina
Scott Walker
Brock Pierce
Liu Jubo
Seth Weiner
Smitry Khan
Alexander Rugev
Anatoly Smorgonsky
Sergei Serienko
Zhibo fan
LINKS OF INTEREST.
Web site: https://metahash.org/
Whitepaper: https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf
Facebook: https://www.facebook.com/MetaHash/
Twitter: https://twitter.com/themetahash
Telegram: https://t.me/metahash_eng
Youtube: https://www.youtube.com/channel/UCIkBIrd1q7JkLLj43KgG8zA
Medium: https://medium.com/@themetahash
Instagram: https://www.instagram.com/themetahash/
Reddit: https://www.reddit.com/r/MetaHash_community/
Made by:
Bitcointalk user: Renault
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2120156
Myetherwallet: 0x925C0EA42800B24f074741226e20D08D93509Acb
By: maestroudo