There has been a significant increase in the number and volume of transactions that occur on blockchain everyday. Added to this, there are security concerns and concerns related to tokenization of assets. Current trends in the crypto industry are really lots of exciting new companies developing on top of blockchains and they are recreating a lot of the business.
The real problem that I feel with blockchain is the lack of scalability. Up until now, early stage blockchain development has been very unscalable and version 2.0 or version 3.0 of blockchains brings the promise of high scalability and fast transactions.
People like me who don't have any programming skills may find it extremely difficult to create tokens and may even lose money trying to create tokens. Also, smart contracts are transparent to those people who have knowledge about programming. Inspite if all the security measures, the rise of cryptocurrencies invites hackers to block a network's operations and currently just over 2 million transactions take place and soon over 2 billion transactions will take place everyday which calls of even higher degree of security.
METAHASH PLATFORM
Today the world is experiencing a new revolution. Metahash will streamline the principle of distributed computer network synchronization. Unlike the classic blockchain, with Metahash a flock will be created by many machines voting simultaneously and is confirmed by the entire network instead of different machines one after another.
Metahash is a working tool for any kind of platform, be it banks, services, finance, projects, medicines, education and business. It takes only three seconds to fully approve the transaction. Metahash means the achievement of a full consensus of the entire network at a high speed. Transactions are protected by five different consensus algorithms.
Metahash is an easy alternative to smart contracts. Any program written in any programming language can become a decentralized app. Metahash coins will be used for transactions, running applications, and storing data. Unlike mining, forging of Metahash coins is done in the wallets and nodes of the system. . The understanding that I have about Metahash is that it is decentralized, extremely fast and extremely fair.
ICO AND TEAM
Cost of each token is $0.0391 and the hard cap is USD 36 million. MHC is the short name of the token and it is a standard ERC20 token on the ethereum network. 20,240,000 MHC tokens will be up for sale in the ICO.
The team is undoubtedly the biggest team I have ever seen for a single project. Advisory board is also experienced. The team has put together a prototype for desktop. The mobile application is in the works. Vision and mission of the team is also commendable.
CONCLUSION
I like that they have really focused on marketing through social media networks. As a result of which, they have gained a lot of followers on social media. The core team as well as the advisory team is very experienced. I also noticed an MVP on the website. The name of the MVP is Metagate. However, much details about the partnership of this project is not mentioned on the website. I believe in the technology and I believe that the team is capable of delivering the project on time. The only thing I am skeptical about is the hard cap and the soft cap. Both of them are the same. Apart from that, the project has all the ingredients to be successful.
Website - https://metahash.org
Whitepaper - https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf?v=5
Telegram - https://t.me/metahash_ENG
ANN - https://bitcointalk.org/index.php?topic=4342587.0%20-%20ANN%20thread
Published by - dannywhelan
Btalkprofile - https://bitcointalk.org/index.php?action=profile;u=1606458