#MetaHash Protocol: A Next-Generation Solution Based on Blockchain 4.0


“An Alternative to Blockchain 2.0”

Have you downloaded the free #MetaGate browser which is available for trial on Windows, OS X and Unix (with iOS and Android to follow shortly)? #MetaHash, a leading blockchain-based digital asset exchange network and decentralized real-time application platform, recently announced the public debut of its #TraceChain protocol and #MetaGate browser and you are invited to participate in the “speed test” of transactions on its distributed ledgers. Once the numbers roll in from satisfied users, #MetaHash can validate its goal of 60,000 – 80,000 Transactions Per Second.

Advertising technology trailblazer Gleb Nikitin joined forces with Anton Agranovsky, an entrepreneurial business and product development leader, to form #MetaHash’s founding team. With a common vision of blockchain interoperability as the future of the distributed web, the team developed #MetaHash, a pioneering next-generation solution based on Blockchain 4.0, which allows networks to interact and integrate with each other.

The first problem, which #MetaHash began to solve, was to achieve the maximum possible network synchronization speed while using the standardized speed for most computers on the Internet bandwidth of 100 MBit/s. The multi-layered architecture of #MetaHash is the optimal solution for the purpose of using standard computers for the network with the simultaneous maximum synchronization speed and verification of the data.

“A high-performance network library, created by #MetaHash, has become the basis for building a network of the future.”

Let’s take a hard look at how the four components of the #MetaHash system form a single, synergistic entity:  

As a recap:

  • #TraceChain

An automatic self-learning signal routing protocol, #TraceChain can process more than 50,000 transactions per second. It grows as more nodes with higher bandwidth are added to the network, forming its core and improving the reliability of additional #DataChains needed for running applications.

  • #MetaHashCoin (#MHC)

#MHC is a digital asset that acts as means of payment in the network. #MHC provides consensus and regulates self-financing of network development. Digital assets in the form of tokens in the #MetaHash network can be exchanged within the network, and also converted into tokens of other networks, including Bitcoin and Ethereum, and back.

  • #MetaApps

The core code of #MetaApps optimizes the location of application copies based on required resources and financial motivation of the owners of nodes connected to the network. Any developer can create and publish an application in #MetaApps, while #MetaHashCoin holders decide via open vote whether or not to approve updates or changes, reflecting the universal values of all network members.

  • #MetaGate

#MetaGate is a browser for decentralized applications that includes a multi-currency wallet. Via its open source interface, third-party developers can use #MetaGate code to embed #MetaApps and #TraceChain/blockchain features into various applications and browsers.

For more information and to experience the trial, please visit metahash.org. You can also check the Company’s Medium blog, Facebook page and Telegram chat.

 

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