MetaHash is the evolution of the Internet - a self-sustaining and ultra-fast ecosystem of blockchain-based applications and websites, managed by the community and immune to any intrusion attacks. The original MetaHash protocol solves the key problems of all blockchains and brings encryption closer to real life than ever before. The multifunctional network utilizes AI to synchronize cross-continental nodes to create the best network map, achieving unprecedented processing speed, more than 50,000 transactions per second, and each transaction approval takes no more than 3 seconds, which is faster than Visa or Mastercard.
MetaHash is based on multi-layer consensus, which uses five different roles to dynamically assign to nodes, and enhances the resilience of the network from 51% attacks to 90%. The network uses asynchronous block validation to remove the dependence of consensus time on the number of validators, among other features that make MetaHash one of the most secure blockchains. As a self-funded network, MetaHash is based on a healthy economy, built on MetaHashCoin.
MetaHashCoin is a digital payment currency and the main economic and functional asset of the system. Every MHC holder contributes to the operation of the system, earns daily rewards through exercise, and has the right to initiate or participate in voting, thereby managing the existence and further development of the entire network.

Project Introduction

MetaHash is a blockchain-based digital asset exchange network and decentralized real-time application platform. This multifunctional network utilizes artificial intelligence (AI) to synchronize nodes across continents to build a latency-based optimal map of the network. Then, the technology redistributes the corresponding data and makes full use of all the functions of the entire network to achieve unprecedented processing speed, with a daily processing capacity of 5 billion transactions, and the approval time of each transaction does not exceed 3 seconds.

Based on its unique TraceChain protocol, the platform offers unparalleled speed, security and decentralization at the lowest price per transaction in blockchain history. MetaHash, which allows networks to interact and integrate with each other, marks the future of distributed networks and is one of the pioneers of blockchain interoperability.

Metahashing aims to create a single solution that will allow future blockchain systems to merge into a single decentralized network capable of recording every transaction. In fact, a self-regulating metahash network lays the foundation for the emergence of a full-fledged fork of the decentralized internet that is not dependent on the individual creators issuing it, but rather by users or metahashcoin holders. Public voting is administered. A fully decentralized Internet would be out of the control of large corporations, leaving end users free to manage projects.

Project Highlights

Decentralized applications that run in real time like normal web services and applications, and can respond to any blockchain system and regular Internet events. Independent sub-chains protected by the Metahash main network operate on the TraceChain protocol. The creation of these child chains allows thousands of MetaApps to run cost-effectively without overloading the main network and slowing down other applications. Many applications are waiting for a solution that can build an independent, cost-effective, efficient and secure chain that can support the transmission of the data they need;

Digital assets in the form of tokens in the Metahash network can be shared within the network and converted into tokens (digital assets) of other networks. Any asset in another blockchain system (Ethereum, ERC20, Bitcoin) can be converted to Metahashcoin. Assuming that the future of the internet lies in the ability to interact and integrate between independent networks, metahash supports the concept of blockchain interoperability.

Application scenario

MetaHashCoin (MHC)

MHC is a digital asset that acts as a means of payment in the network. MHC provides consensus and regulates self-funding of web development. In the MetaHash network, digital assets presented in the form of tokens can be traded within the network, and can also be converted into tokens of other networks including Bitcoin and Ethereum.

MetaApps

The core code of MetaApps optimizes the location of application copies based on the resource requests and financial incentives of the owners of nodes connected to the network. Any developer can create and publish applications in MetaApps, while MetaHashCoin holders vote publicly whether to approve updates or changes that reflect the universal value of all network members.

MetaGate

MetaGate is a browser for decentralized applications that includes a multi-currency wallet. Through its open-source interface, third-party developers can use MetaGate code to embed the functionality of MetaApps and TraceChain/Blockchain into various applications and browsers.

Contrary to similar networks, MetaHash is cleverly designed to use relatively cheap hardware to process transaction volume records, thus contributing to the lowest single transaction rate in certain industries. The trial period is expected to last until the end of the second quarter of 2018, and uses more than 200 staging servers worldwide. Temporary servers will be replaced by token owner nodes once the network is fully functional.