#METAHASH - Platform Overview

buchito(35)

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2018-08-15 02:45

Hello guys, today I’d be introducing you to a decentralized network specially designed for digital exchange and a platform for building decentralized applications that would function in real time

The huge increase in the popularity of cryptocurrencies in 2017 made thousands of blockchain projects of different incentives to surface. Eventually, the growth of these platforms where hindered by the technical abilities of blockchain networks that already existed. The low speed, Inability to communicate freely with one another and the closed nature of blockchain has been a big problem that has been slacking the huge development in the blockchain ecosystem.

#MetaHash is designed to create a one time solution that would futuristic blockchain systems to bring together a single decentralized network that would be able to make record of each and every transactions.

#MetaHash network creates an avenue for the rising of a fully fledged development branch of the decentralised internet. A highly decentralized Internet would create a freedom of external control of large organisation. Management of projects would be solely vested in the hand of end users. The future of cryptocurrency is one of the main priority of #MetaHash.

#MetaHash represents all the blockchain opportunities of the future that would be concentrated as a single project. #MetaHash works towards bringing new innovations into the blockchain ecosystem by;

• Increasing the Numbers of Transactions Per Day
The number of transactions that are performed on a daily basis are limited to just 2 million, #MetaHash aims at boosting transactions to 5 billion per day.

• Free Transaction/ Zero Charge
This would allow the use of #MetaHash coins for micro transactions. It would be totally free for most transactions and fees would only appear if the work load on the network is massive.

• Increase in Transaction Speed
Fast transaction affects the ability to implement the technology in everyday operations. Exiting platforms could give a 30 seconds speed for first approval and a minimum of 1.5 minutes for a final approval, but #MetaHash would offer a 1 second first approval and less than 3 seconds final approval for most transactions.

• Security
#MetaHash works in creating a network that would be free from attacks. The growth in the world of Cryptocurrency has greatly increased the number of hackers that they try to block the network operations. #MetaHash would provide an additional verification process provided by wallet will not allow hackers to block or crack the network even if they have access to 67% of the coins.

#MetaHash Structure

The #MetaHash network consists of four parts;
• TraceChain
Tracechain consists of protocols that will be used for the Blockchain 4.0 also known as the blockchain of the future. With this Tracechain based on the name itself, has the capability to validate and have transactions verified of almost 5 billion transactions per day!

• MetaApps
This a network of standalone applications or a decentralized cloud which is characterized by its ability to handle high speeds, high loads and decentralization. With MetaHash, any app written for any platform in any language can become decentralized.

• MetaGate
This is the wallet body of the Metahash project. It is not just an ordinary blockchain wallet, it can hold several different nodes and decentralized coins multi-currency wallet. As per the whitepaper says, it cannot be blocked or modified. It is always in there as well as it is not in there at the same time.

• MetaHashCoin
MetaHash coins are self-financing system with self-development preprogrammed in its genetic code. It is can be used as payment for:
-Services utilized like MetaGate.
-Transactions involving asset transfer.
-Data storage volume or high speeds.
-The operation of applications.

CONCLUSION
#MetaHash offers decentralized and modern projects based on a blockbuster with a low price, and also provides a sufficient amount of data in blocking technology to create a synchronized network that immediately reacts to all actions.

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