Friday, August 3, 2018

MetaHash is the next generation network based on Blockchain

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Good evening, dear friends. In the future, cryptocurrency will conquer the world and it is clear even to the most convinced critics. Thanks to cryptocurrency, many people will change their financial position due to the fact that get rid of the oppression of the banking system. But not only ordinary people see this as a success, private business and large companies are also interested in fast and honest payments, so they will increasingly support the digital currency.

Everyone who knows a little about cryptocurrency, heard that it is based on blockchain technology - the most revolutionary idea of the 21st century! A lot of discoveries will be made by mankind in the future and the blockchain gives rise to a huge number of ideas. But the first versions of the blockchain suffer from many problems that need to be immediately eliminated, and for this a team of people with the MetaHash project, the blockchain 4.0, gathered! Several years in a row, these people studied the features of the work and identified many shortcomings of the technology, as well as solutions, but this will be discussed below.

What is MetaHash?

MetaHash is the next generation network based on Blockchain 4.0 technology to share digital assets and platforms to create and manage decentralized applications and services in real time.

Existing problems that need to be changed

Daily number of transactions
The currency setup provided by existing cryptocurrencies today allows up to 2 million transactions per day. If we want the whole world to switch to blockchain, we really need to significantly increase this very limited number.

Transaction fee.
Increasingly, the amount of each transaction (Bitcoin) comes to $ 80 per transaction fee. From time to time, it even reaches $ 400, which includes the reward that goes to the miner.

Transfer of PoW (production) to multi-user (forging) transition.
First, mining significantly limits the speed of the network. Second, network security requires a significant amount of resources. Third, mining from equipment worth billions of dollars. Fourth, it consumes a lot of electricity. Our planet Earth has all the bad consequences. And finally, billions of dollars go only for mining.

"Cash attack", preventing network
The total value of the cryptocurrency reaches heavenly heights. Needless to say, hackers are also growing in numbers, moving heaven to earth to successfully block the network.

The speed of approval of transactions.
If we want the blockchain to dominate our daily transactions, we can't allow slow speed. Time is gold. For the first approval, we need to wait at least 30 seconds, and the final approval will add another 1.5 minutes.

"Tokenization" of any asset.
To date, the creation of tokens only for those who have advanced programming skills. Programmers are expensive. Even smart contract technology is not available for those who do not know programming.

What can the MetaHash project offer

Daily number of transactions
MetaHash offers more than 5 billion transactions per day. This is what blockchain networks need in the near future.

Transaction fee
For most transactions, users will not pay anything. Again, it's free. But then we have to protect the network from transaction spam as the network load grows. For this, there are low fees.

PoW (mining) to multiplayer (forging) transition
MetaHashCoins are supported by nodes. Moreover, the most important resources are provided by wallets. The infinite are eliminated.

"Money attack" interfering with the network.
MetaHash wallets provide an additional verification step that prevents hackers from blocking or destroying the network, even if hackers own 67% of nodes or coins.

The speed of approval of transactions.
For MetaHash, for most transactions, the first approval will only take the second, and the final approval will only take 3 seconds.

"Tokenization" of any asset
MetaHash allows you to instantly "tokenize" any asset, even cryptocurrencies of other networks and standards. This is offered to all users, including those with zero knowledge in programming.

Based on Blockchain 4.0, MetaHash is really the next generation network we've been waiting for! A more detailed presentation is contained in their comprehensive Whitepaper .

At the moment, it is known that the ICO will start in the second quarter of 2018, that is, in the near future. Runs its own token on the basis of Ethereum compliant ERC20, and having the name of the MHC. During the first round, 9.2 million MHC tokens will be sold. The cost of one token on the ICO is 0.0125 ETH. The rest of the details below:

The development team consists of dozens of talented developers and people United by the goal to create the most perfect blockchain at the moment. The predominant number of staff - Russian-speaking. Below I will present the main participants of the MetaHash project:

At the moment, there are many problems that should be solved in the near future, and the project called MetaHash, with its talented team, presented ideas to get rid of the shortcomings and make a revolution in the blockchain. After reading their technical document, I became sure that it is worth paying attention to this project and, if possible, to purchase tokens in order to benefit in the future. I advise you to follow the official website to see with your own eyes the prospects of their ideas. Thank you for your attention, see you soon.

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Overige Informatie



Mt ETH Address : 0xcBa9A3AC842C203eAAA4C7Cb455CFf50cEe30581

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