Introduction to the decentralization:
Blockchain technology is now known terminology these days, and basis of its popularity is the decentralization. The decentralization states that nobody owns platform but the every owner of the token is the stakeholder. Volatile yet complete trustworthy protocol of decentralization is liked by majority. The venture of metahash is to create applications that behaves like normal browser yet completely decentralized along with a native crypto currency and replacement of smart-contract.
Overview of meta-project:
The meta-project uses the modern technology of blockchain version 4.0, having the ultimate goal of improving the speed of transaction from minutes to seconds. This fast transaction’s speed and accuracy ensures 5 million+ transactions everyday with the confirmation time duration of merely 3 seconds. This speed is significantly faster than that of major popular cryptotokens such as bitcoin. Also, the transaction cost at the metahash network is very less as compared to the all others including bitcoin.
Second theme of this future venture is to create decentralized applications via OSC (open source code). The OSC let the developers create decentralized apps collectively. It also replaces the smart contract so that these 100% decentralized applications written in any language run in real time. This aspect of metahash is the MetaApps.
The venture also includes gateway for its users for easy browsing of these Apps at a single place known as MetaGate, a gateway to the future. Moreover, Meta-network is an elaborate network for exchanging ofdigital form of assets.
For security purpose, the Meta-network is protected with the 5 algorithms making it completely secure, protected, scalable and decentralized and ensures that no other 3rd party temper any part of this project.
Lastly, the meta-project have its own cryptocurrency the “metahash coin” more details about coin is written under token headings however extensive information about the project and the token will be available in the released whitepaper & website.
Collectively the meta-project contains the four major parts; “TraceChain, MetaApps, MetaGate and MetaHashCoin”.
The token of meta-project:
The MetaHashCoin (MHC) is the native-crypto-token of meta-network, the MHC-token is one of its own kind and a non-ethereum token. But the token can be exchanged for Ethereum token and vice versa. MHC will lay thefoundations of independent networks in a whole new way.
MHC token have the monetary value and will be available during 2 rounds of ICO. The first round of ICO is starting soon with the sale of 9,200,000 tokens only at the price setting of 0.0125 ETH per token. For sale purpose it has two pools general limited pool pool (for buyers of less than 50 ETH worth tokens) and separate reserved pool (for buyers of more than 50 ETH worth tokens).
Note: only ETH token is acceptable for purchasing the MHC token. If you have any other digital asset, it is requested to convert it to ETH. The sales generated from the token will be used for mentoring of developers, promotion of MHC, and payment for the owners PCs and servers. By the end of this year 2018 round A of ICO will be completed along with the release of latest version of TraceChain, metaApps and metaGate. Also the Metahash encourges people from anywhere to be the part of the network as a member of team or as a user.
ETH address: 0x895F650c7CDA6930600f34343f409b103893C403