The cryptocurrency world has witnessed a tremendous increase in popularity in the recent years with so many development of Blockchain technology, the increase in the number of blockchain technology is high that virtually every projects now seek to be on the blockchain network thus increasing the popularity and development of the cryptocurrency world. However the development is somehow limited and not in the desired pace, it is rather slow compare to what we should have hard if it was a rapid development as expected. The inability of the various blockchain networks to interact with each other limits them in term of technical incapabilities of the existing blockchain/operations or network. Also limiting the development of the blockchain technology is the low speed closed nature of blockchain network. On this note it won’t be belittling by saying that the present cryptocurrency world is far from being perfect or in the right place it should be. There is a whole lots to be done.

THE PROBLEM INDENTIFIED

Presently there is the problem relating to limit in the number of transaction that can be carried out in a day, this is due to the long period at which a single transaction takes before it is complete or successful. On the average there are about 5 million transaction carried out in a day but due to the problem of slow transaction time, just a meagre of 2 million are able to pass the successful stage while the rest are left hanging in the balance to the next day or even come back as failed transaction. This situation is very disheartening and needs urgent attention so that the cryptocurrency world can experience a total opposite of what we have at present in term of delayed transaction time.

Also among the many problems facing the cryptocurrency world and blockchain is the inability to send transaction free of charge. The exorbitant fees needed to send a cryptocurrency is making the system unappealing for newbies because sometimes the transaction fee is like half the amount to be sent in the case of sending out cryptocurrency to another source. This is also so in many trading sites, the transaction fee discourage people and thus defacing the cryptocurrency world in general.
There is also the problem of slow or delay in the time of approval of transaction, this affect the ability to implement technology in our everyday operations. These and many more are the problem the cryptocurrency world and blockchain is facing in the real sense.

THE SOLUTION (#METAHASH)

The metahash aim to solve the many problem identified above and others not mentioned by providing a platform that will make cryptocurrency a secure place to be. The #Metahash will bring all blockchain networks together and connect them so that on one platform all blockchain in the cryptocurrency world can be accessed. The metahash will also work towards the significant increase in the number of transaction per day without delay and without any transaction fee changed and also in the process increase the speed of transaction approval by making sure each transaction approval takes not more than 3 seconds thus there won’t be any delay in the transaction approval.
The metahash will also work towards adding additional verification steps to the one provided by the wallets which will not allow hackers to block or corrupt the network even if they possess 67% of nodes or coins. The metahash will also see to it that nodes and wallet provides the most important resources and eliminates pointless ones through forging of MetahashCoins.