#TraceChain

[sophie-maydesignsdevon]

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[kolibribeads]

5 m (15.4 Feet) Fine Brass Cross Chain - Gold Plated, 3.5 mm x 2.5 mm wide #gold #brass #goldchain #tracechain #goldplatedchain #kolibribeads #kolibribeadsupplies #ireland https://etsy.me/2Pn5KU7 https://www.instagram.com/p/B5yMEQ8h-kc/?igshid=12drcl8rlgsgq

[songsofinkandsteel]

For just £20.00 Command attention with the delicate style of this sterling silver trace chain. Created from solid sterling silver, this chain makes a perfect gift for him or her. This is the perfect chain to complement any outfit. This chain fastens with a sturdy, lobster-claw clasp and is available from 16" to 30" necklace length. *************************************************************** ABOUT THIS CHAIN: Made from: Sterling Silver Sizing and weight: Weight:Approx. 1.67gm Length:41.00cm Thickness:1.25mm ***************************************************************

[joshuajacksonlyblog]

#MetaHash Successfully Tested Its Blockchain Capacity and Starts the MainNet

Increasing efforts are being made across the crypto ecosystem to address the elephant in the room that is the limited ability of blockchain and other ledger technologies to accommodate the high throughput requirements that are needed for business and consumer applications. If blockchain tech is really to make a difference to the rest of the world, there must be a more business-ready facility that allows for many more transactions than the Bitcoin network for example.

While many other platforms are approaching this in different contexts, for IoT applications or for corporations, for example, one pressing need for more capable blockchains is in the area of Decentralized Applications (DApps). DApps are seen by many as the real driver of potential inroads for blockchain technology into the everyday lives of the mainstream. But the thought of hosting a DApp on a blockchain as slow as the Bitcoin network would probably make anyone worry.

This is the use case that #MetaHash is trying to tackle. They spent the past few months trialing the testnet of their #TraceChain blockchain solution. Positive results, where they achieved speeds of max 3 seconds to verify any transaction, over 60,000 transactions per minute, and billions of transactions per day, look promising as a means to enable DApp development in a fast and scalable way. Now they turn their attention to the current launch of their MainNet as well as the coin sale that begins on 29th of June.

Enhanced speed for DApps

As per the #MetaHash white paper:

All known Blockchain solutions are partially centralized or limited to a maximum of two million transactions per day. Increasing Blockchain load raises transaction fees accordingly. Slow transaction speeds and fees have led to the impossibility of implementing most existing Blockchain projects. Speed is important not only for currency transactions. The Blockchain 4.0 protocol makes it possible to organize work of stand-alone apps in a common ecosystem with the possibility of their interaction and integration into each other.

As explained, there is a big remove between where blockchains were up until recently and where they need to be to enable DApp development at scale. The #MetaHash consensus mechanism (MultiPOS) is the key that allows for the greater speeds on the platform.

Aside from this, #MetaHash is creating an ecosystem of tools for DApp developers to address the needs of their users. A separate browser linked to the rest of the ecosystem allows for users to actually get paid while they browse, and the protocol used (which involves forging instead of the more intensive mining) means that people can get rewards for forging on a device as simple as a smartphone.

It is a busy time for the company, with the coin sale starting on 29th of June, where buyers can get the #MetaHashCoins (#MHC) for a lower price of $0.0391 per token in ETH or BTC converted at the exchange rate at the time of purchase.

What do you think about the #MetaHash mainnet launch? Let us know in the comments below.

Images courtesy of #MetaHash, PxHere

The post #MetaHash Successfully Tested Its Blockchain Capacity and Starts the MainNet appeared first on Bitcoinist.com.

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[jacobhinkley]

MetaHash Opens MainNet and Starts Coin Distribution for the Upcoming Forging

ICO solves the problem of the seed funding, but the essential question is the ability of the system to function without additional investment. It depends to a large extent on the popularity of the project, but in the long run the focus is switching to the initial infrastructure of the system. #MetaHash, a network built on Blockchain 4.0, uses an innovative self-funding financial model – and the early supporters, who take part in the ICO scheduled for the 29th of June, will make the most of their investment.

#MetaHash combines asset exchange network and decentralized real-time application platform. The company has developed its own #TraceChain protocol that combines all the benefits of blockchain with the lowest price per transaction.

The company demonstrates the responsible approach to its work: the launch of its MainNet was preceded by a variety of load tests and public access to TestNet that led to over 500 billion transactions. The system developed by #MetaHash has proved its efficiency: its capacity exceeds 60,000 TPS while the validation speed is still under 3 seconds. Now MainNet is available for download at the official site. But that is not the only opportunity to take part in the development of #MetaHash ecosystem.

On the 29th of June the company has started its ICO. 920 billion coins will be distributed during Round A. The first buyers of #MetaHashCoin (#MHC) get a notable advantage because of the forging system implemented by #MetaHash. These people are expected to become the first nodes which will boost the development of the network.

Mining cryptocurrency is a popular way to enter the world of crypto. However, that method of acquiring cryptocurrency has several disadvantages. The most significant one is the hardware requirements. The price of achieving the needed computational power makes lots of people forget about this idea. Forging is not as demanding as mining: any common web-server or computer with good internet connection is enough.

#MetaHash uses forging to create the self-funding ecosystem. The launch is scheduled for August 2018 – and that is the time when the early #MHC owners will get the first rewards. The distribution of the forging results has already been revealed: half of forging rewards goes to coin owners, 40 percent is distributed among the nodes’ owners and the remaining part will become the reward for active users. #MHC owners will get one more advantage – they will be able to entrust their voting rights. They can do this to their own nodes or give it to a trusted node operator for shared commission.

#MetaHash positions itself as a next-generation network – and it definitely lines with the expectations. Its financial model is effective and transparent. What is more, the company gives its supporters a good reason to join ICO Round A as the earliest #MHC owners will have the opportunity to fully enjoy all the benefits of the early forging.

The post MetaHash Opens MainNet and Starts Coin Distribution for the Upcoming Forging appeared first on CoinSpeaker.

MetaHash Opens MainNet and Starts Coin Distribution for the Upcoming Forging published first on https://medium.com/@smartoptions

[michaelbennettcrypto]

#MetaHash Protocol: Solution to Major Issues Plaguing the Crypto Market?

A goal of 60,000 – 80,000 Transactions Per Second

#MetaHash, a leading blockchain-based digital asset exchange network, and decentralized real-time application platform announced the public debut of its #TraceChain protocol and #MetaGate browser. Now comes the question: сan the #MetaHash network solve many of the issues currently plaguing the industry, including partial centralization, high fees, and slow transaction speeds?

Although some dubious quarters had initially considered #MetaHash as a “very ambitious project”, it has kept abreast of its development roadmap, trailblazing the direction for the cryptocurrency community to branch off from older, existing blockchains that are “stagnating due to low scalability and a lack of smart contract or DApp functionality”.  With the public debut of  #TraceChain protocol and #MetaGate browser, crypto experts are anticipating that #MetaHash will hurdle a major uphill battle of widespread adoption.

4 Components of a Single, Synergistic Entity

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.

#MetaHash team has decided to have a look at the architecture of the decentralized ledger from a different angle. The main obstacle to the growth of the speed of all decentralized ledgers (both DAG and blockchain) is the synchronization of data (especially between different continents). Therefore, 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.

Four components of the #MetaHash system form a single, synergistic entity:

#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.

The trial period, expected to run through Q2 2018, leverages more than 200 temporary servers throughout the world, that will be replaced by token owner nodes once the network is fully functional. Interested parties can now download the free browser which is available for trial on Windows, OS X and Unix, with iOS and Android to follow shortly. Once the numbers roll in from satisfied users, #MetaHash can validate its goal of 60,000 – 80,000 Transactions Per Second.

More information about the company is available at metahash.org. 

The post #MetaHash Protocol: Solution to Major Issues Plaguing the Crypto Market? appeared first on NewsBTC.

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[brettzjacksonblog]

#MetaHash Protocol: Solution to Major Issues Plaguing the Crypto Market?

A goal of 60,000 – 80,000 Transactions Per Second

#MetaHash, a leading blockchain-based digital asset exchange network, and decentralized real-time application platform announced the public debut of its #TraceChain protocol and #MetaGate browser. Now comes the question: сan the #MetaHash network solve many of the issues currently plaguing the industry, including partial centralization, high fees, and slow transaction speeds?

Although some dubious quarters had initially considered #MetaHash as a “very ambitious project”, it has kept abreast of its development roadmap, trailblazing the direction for the cryptocurrency community to branch off from older, existing blockchains that are “stagnating due to low scalability and a lack of smart contract or DApp functionality”.  With the public debut of  #TraceChain protocol and #MetaGate browser, crypto experts are anticipating that #MetaHash will hurdle a major uphill battle of widespread adoption.

4 Components of a Single, Synergistic Entity

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.

#MetaHash team has decided to have a look at the architecture of the decentralized ledger from a different angle. The main obstacle to the growth of the speed of all decentralized ledgers (both DAG and blockchain) is the synchronization of data (especially between different continents). Therefore, 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.

Four components of the #MetaHash system form a single, synergistic entity:

#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.

The trial period, expected to run through Q2 2018, leverages more than 200 temporary servers throughout the world, that will be replaced by token owner nodes once the network is fully functional. Interested parties can now download the free browser which is available for trial on Windows, OS X and Unix, with iOS and Android to follow shortly. Once the numbers roll in from satisfied users, #MetaHash can validate its goal of 60,000 – 80,000 Transactions Per Second.

More information about the company is available at metahash.org. 

The post #MetaHash Protocol: Solution to Major Issues Plaguing the Crypto Market? appeared first on NewsBTC.

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[jasonjm]

#metaHash: Welcome to the next generation of DApps with forging mining.

Preface:

The world is entering into new era of technology which provide them with better facilities of applications formation in such a way that no one can neither own it nor temper it and to exchange the digital assets people tend to own these days. There are platforms for such exchange and creation but with previously released smart contract and Ethereum. Though they provide decentralization but the transaction rate and verification took so long even bitcoin takes up to 10 minutes. Unlike them there is a network (not based on Ethereum and smart contract) named MetaHash took the place of smart contract and provide the maximum speed of transaction.

Unique features of #MetaHash:

The transaction speed in the metaHash network is merely 3 seconds causing billions of transaction approvals in a day. This would be the fastest rate until now.

Second unique feature of the metaHash network is its crypto token. It does not have an Ethereum token. They have their own native token named as MetaHashCoin; the MHC. The MHC token have monetary value and financially supports the entire platform through funds gathered by the sale of these MHC tokens.

Compatibility of other networks:

The system does not let other 3rd parties to temper the network by its complex security algorithms. But the MHC token has the compatibility with other Ethreum and waves token. The token can be exchanged for any other token or all other tokens can also be exchanged for MHC tokens. However, if you want to purchase the meta token you have to convert your others Ethereum tokens into ETH. Then via ETH, meta tokens can be easily purchased.  

MetaHashNetwork:

This complex yet user friendly network has four structures which are:

1.     TraceChain: pillar to maintain the fast speed, an internet protocol replacing smart contract.

2.     metaApps: pillar for developing apps of full decencetralized, run real time like real browser, coded in any computer languages.

3.     metaGate: door to the world of next generation of metaHash, have list of all developed apps serve as a directory of these apps to have access. Also have a wallet which will be like your home in the town of metaHash.

4.     metaHashCoin: already explained above, the native token of the network.

Not only the speed but also the prices are worth mentioning here, the prices for transaction are very low as compared to all other. Least prices yet fastest speed transaction is happening for real by none other than the #METAHASH.

Self-financing:

metaHashCoin is not only used for making transactions, payments and exchanging digital assets but to support the platform. To do this there will be consecutive rounds of initial coin offerings (ICO) for MHC. The round 1 has just started from 29th of June, 2018. The price of MHC is 0.0125 ETH or 0.0391 USD per token, and only 92,000,000 Tokens are created to circulate in coming 10 years. Secondly, there will be mining of the tokens via multiple resources but half of the mining funds will be rewarded to the MHC owners.

One can buy unlimited tokens but the token of value more than 50 ETH can be purchased via separate reserved pools.

official links:

website: https://metahash.org/

whitepaper: https://static.metahash.org/docs...

ETH address: 0x895F650c7CDA6930600f34343f409b103893C403

[linabrigette]

MultiPoS Consensus Blockchain & Decentralized App Platform

#MetaHash is a Swiss-registered MultiPoS consensus blockchain and decentralized real-time application platform. Moreover, #MetaHash aims to integrate blockchains with one another, creating a decentralized platform for a new style of Internet. #MetaHash views its system as both a replacement for and an upgrade to the smart contract paradigm.

The ultimate goal is decentralized applications that work seamlessly, in real-time, with one another like traditional Internet offerings.

“The self-regulating #MetaHash network, in fact, creates a basis for the emergence of a fully-fledged branch of the decentralized Internet,” the development team wrote in the project’s white paper. “It doesn’t depend on individual creators once launched and is managed by open voting of users or #MetaHashCoin (#MHC) holders. A full decentralized Internet would bring freedom from the control of large corporations. Project managements would be in the hands of end users.”

How Does It Work?

There are four main elements to the #MetaHash network. #TraceChain is #MetaHash’s answer to the transaction speed problems facing extant blockchains. It is an automatic self-learning algorithm for signal routing, with beginning speeds of around 50,000 transactions per second. #MetaHash claims that the system is infinitely scalable as the #MetaHash network grows in the number of nodes and processing power.

The next element of the #MetaHash network is #MetaApps. #MetaApps’ code prioritizes network resources and node owners’ financial motivation to optimize the location of application copies. Essentially, developers’ apps will be voted on by #MetaHashCoin holders according to those holders’ values.

#MetaGate browser serves as the portal by which developers can access the #MetaHash network, and the #MetaHashCoin itself is the network’s native currency.

What Sets #MetaHash Apart?

The developers address #MetaHash’s similarity to other platform projects in their white paper:

“We couldn’t find any project focused on creating a fully decentralized and synchronized network capable of quickly processing data on a large-scale, global basis, so we created #MetaHash,” the developers wrote. “Many of the current projects feature clear and useful ways of application yet fail to fully meet the needs of the market.”

The developers then went on to list the market needs that #MetaHash serves. Chief among these are full decentralization, full synchronization, low prices, transaction speeds under three seconds, and high bandwidth.

As the team pointed out in their white paper: “The longer a transaction takes, the less convenient it is to use the system, and the more difficult it is for decentralized applications to run in full capacity.”

In the end of June, #MetaHash has opened its MainNet, following months of load tests which showed results above initially declared capacity of more than 50,000 tx/s with under 3 seconds validation, and started distributing #MHC prior to its upcoming start of forging initiatives. Owners of #MHC will become the first nodes contributing into the network’s growth and enjoying the full advantages of the early forging, scheduled for August, 2018.

In comparison to mining, forging does not require hardware with lots of computational power like ASICs or video cards. The protection of the network consensus is based on the value of the network native coins, which is enough to rent any common web-server, or use a home PC that has a good internet connection.

According to project’s white paper, “50% of all rewards for forging are distributed among #MHC owners, while 40% are granted to nodes’ owners. The left 10% are used for rewarding the active users of the #MetaGate browser. Coin holders can also entrust their voting rights to their own nodes or may give their voting right to the operator of the node they trust and get a share of the commission. In this way, large numbers of votes are concentrated at nodes that the community trusts, making attacks on the system more difficult.”

It will be interesting to see how this develops with the launch of more of the ecosystem.

Who Is the Team Behind #MetaHash?

#MetaHash can be thought of as a conglomerate consisting of three different companies and their respective leaders. The first co-founder profiled in the team’s white paper is Gleb Nikitin, founder of automated ad placement system AdSniper. The second is Adnow CEO Vladimir Bashkin, and the third is investment firm leader Anton Agranovsky. The teams behind each respective company all contribute to the development and operation of #MetaHash. Although the project is registered in Switzerland, much of the development team’s collective experience is in the Russian market.

What’s the Market Look Like?

#MetaHash is in the process of holding an initial coin offering, and the company lists its current #MHC price as just $0.0391 per each (can be purchased in ETH and BTC converted at the exchange rate at the time of purchase). The coin’s total supply is expected to be 9.2 billion, issued over the next 10 years.

New coins are created via the forging process, as the developers described in their white paper.

“Forging rewards come from the forging pool and transaction commissions,” the developers wrote. “Rewards are calculated every six hours when a new block (trim) is formed. The frequency of calculations and payments may vary depending on technical requirements, at the discretion of the #MetaHash Team. Unlike the proof-of-work system, #MetaHashCoins forging servers don’t go out of date and don’t lose their effectiveness, as their number is limited and depends on #MHC stakes.”

What’s Next on the #MetaHash Roadmap?

As a development platform, it’s difficult to predict what exactly the future holds for #MetaHash. By August, the #MetaHash team expects to begin forging coins. Thus paving the way for the launch of a fully decentralized system in the first quarter of 2019.

Conclusion

#MetaHash still being in development, it will be interesting to see how the final system succeeds. The main selling point of the system is its speed, although the wallet and browser they have developed for users of DApps on their platform also benefit the end user. In terms of said speed, it certainly seems that they are living up to the hype.

Although the team explains that testing is still the name of the game for their roadmap right now, they also explain the backup strategies and contingencies in the event that tweaks need to be made. While it is a work in progress, it certainly looks promising from a tech and investment perspective.

You can view the project’s website here and read the white paper here.

Useful Links

source: https://ift.tt/2LpdbqL

The post MultiPoS Consensus Blockchain & Decentralized App Platform appeared first on BTC News Today.

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[tokenland]

MetaHash crowdsale announced

MetaHash team is proud to announce their crowdsale. See MetaHash overview.

About MetaHash

Next generation network

Concept

MetaHash is a Next-Generation Network based on the TraceChainProtocol for sharing Digital Assets and a Platform for Creating and Managing Decentralised Apps and Services in Real-Time

More information

MetaHash data sheet | Get email notification on MetaHash updates | ICO calendar

Data provided by TokenMarket digital asset database

via Upcoming blockchain crowdsales and ICOs

[kolibribeads]

18'' (48 cm) Fine Sterling Silver 925 Necklace Belcher Chain with Spring Clasp - Hallmarked - Made in Italy #silver #tracechain #anchorchain #nickelfree #jewellerysupplies #chain #kette #catena #argento https://etsy.me/2Lg83aM https://www.instagram.com/p/B19LKDcogjm/?igshid=nrtzthr0tkua

[cryptopes-blog]

ОБЗОР ICO: METAHASH 💡 Что: Самая быстрая криптовалюта в мире ⌚Когда: ICO стартовал 29 июня 💰ICO лимиты: $36 миллионов USD (920 млн токенов) ⠀ 👔Команды: В команде более 150 человек. Маркетинг возглавляет компания AdNow (очень сильная команда в области рекламы) с Владимиром Башкиным в качестве генерального директора по CEO и CMO в Metahash. KPMG AG (Швейцария), является юридическим консультантом. A Wenger и Vieli AG выступает в качестве консультанта по оценке регуляторных аспектов первоначального предложения монет. ⠀ 👨💻 Социальная активность: Около 1.6 тыс просмотров на Bitcointalk. Twitter- 11,1K подписчиков. Более 18.1 тыс подписчиков в Facebook. Телеграмм – около 37.5 тыс подписчиков. 👂🏻Ожидаемый рост: ↗ Выше среднего ⠀ 📃Описание проекта: Это сеть для обмена цифровыми активами. А так же платформа для создания, управления децентрализованными приложениями и сервисами в режиме реального времени. ⠀ В проекте #Metahash есть 4 основных компонента: 1️⃣ - TraceChain: Блокчейн с более чем 100 000 TPS, и команда обещает, что будет не более трех секунд для подтверждения транзакции. Решение задачи скорости основано на автоматическом самообучающемся алгоритме маршрутизации сигналов по сети. White Paper включает в себя подробное описание этого процесса. 2️⃣ - MetaApps: Новое поколение смарт-контрактов. Децентрализованные приложения в реальном времени, которые работают как обычные веб-сервисы и могут быть разработаны на любом языке программирования, включая C++, PHP, Solidity и другие. 3️⃣ - MetaGate: Открытый исходный интерфейс, который использует протокол TraceChain дает возможность работать с MetaApps 4️⃣ - MetaHashCoin - цифровая платежная Валюта сети, которая используется для обеспечения надежности сети, обмена услугами и регулирования ее развития. ⠀ 🛣Дорожная карта: • 2-й квартал 2018 - Выпуск Метацепей. API с историей транзакций и балансом кошельков, связанных с различными блокчейн-платформами; • 3-й квартал 2018 - Альфа-версия MetaStorage, услуги для децентрализованных приложений • 4-й квартал 2018 - TraceChain (v.7.0). Старт • 1-й квартал 2019 - Запуск полностью децентрализованной системы 🌪Риск скама: ⬇ Низкий ⠀ #ICO #METAHASH #криптовалюта - http://crypto-pes.ru/obzor-ico-metahash%f0%9f%92%a1-chto-samaya-bystraya-kriptovalyuta-v-mire%e2%8c%9akogda-ico-startoval-29-iyunya%f0%9f%92%b0ico.html

[joshuajacksonlyblog]

#MetaHash: A Revolutionary Payment and Decentralized Data Storage System?

#MetaHash, a leading blockchain-based digital asset exchange network and decentralized real-time application platform, announced the public debut of its #TraceChain protocol and #MetaGate browser.

Equivalent to Visa and Mastercard Systems but Tailored to Be Decentralized…

#TraceChain technology – which its creators termed as an alternative to blockchain – has a bandwidth which varies from 60,000 to 80,000 transactions per second, which is equivalent to Visa and MasterCard systems but tailored to be decentralized.

Moreover, the validation of more than 99% of transactions took only three seconds, compared to several minutes with existing popular blockchain systems. Interested parties can now download the free browser which is available for trial on Windows, OS X and Unix, with iOS and Android to follow shortly.

The main obstacle to the growth of the speed of all decentralized ledgers (both DAG and blockchain) is the synchronization of data (especially between different continents). Looking at the architecture of the decentralized ledger from a different angle, #MetaHash offered a solution whereby the maximum possible network synchronization speed is achieved while using the standardized speed for most computers on the Internet bandwidth of 100 MBit/s. A series of tests by dedicated developers produced a multi-layered architecture by #MetaHash 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.

#MetaHash has once been termed as a “very ambitious project”, but it has kept abreast of its development roadmap, trailblazing the direction for the cryptocurrency community to branch off from older, existing blockchains that are “stagnating due to low scalability and a lack of smart contract or DApp functionality”.  With the public debut of  #TraceChain protocol and #MetaGate browser, crypto experts are anticipating that #MetaHash will hurdle a major uphill battle of widespread adoption.

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

#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.

The trial period, expected to run through Q2 2018, leverages more than 200 temporary servers throughout the world, that will be replaced by token owner nodes once the network is fully functional. Only then  can it be said with confidence, “#MetaHash presents a revolution in payment systems and in decentralized data storage.”

#MetaHash project’s advisory board includes well-known professionals from crypto and IT industry: Brock Pierce, Scott Walker, Liu Jubo – just to name a few. 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.

Images courtesy of #MetaHash

The post #MetaHash: A Revolutionary Payment and Decentralized Data Storage System? appeared first on Bitcoinist.com.

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[jacobhinkley]

#MetaHash – A Self-Sustaining Network Capable of Processing 5 Billion Transactions per Day

At this moment in time, the cryptocurrency industry is dealing with a few issues, including partial centralization, slow transaction speeds and high fees. #MetaHash represents a blockchain-based digital asset exchange network, alongside a decentralized real-time application platform that aims to solve these problems.

Disclosure: This is a Sponsored Article

The platform is powered by artificial intelligence, which is used to better synchronize nodes, in order to create a latency rate-based optimal map of the network. The data is then redistributed in a manner that harnesses the network’s entire capacity, capable of processing five billion transactions per day, with a 3 second confirmation time.

Currently, the #MetaHash platform is based on four pillars that work together towards forming a sustainable network. These are:

The #TraceChain, which acts as a signal routing protocol, based on machine learning technology. It grows automatically as more high-bandwidth nodes are added to the network.

The #MetaApps, whose code works by optimizing the afferent location of application copies, while taking network resources and the financial motivation of owners into account.

The #MetaGate, which is the platform’s go-to browser for decentralized application. It also offers a multi-currency wallet, and allows developers to embed #MetaApps and #TraceChain protocols into their applications.

The #MetaHashCoin, which represents the system’s digital asset and primary means of payment. The coin is consensus-based and capable of regulating the self-financing aspects of the network’s development process. Users can exchange it to other cryptocurrencies, such as Bitcoin and Ethereum.

The design philosophy of #MetaHash will provide great benefits to the crypto industry, as it will allow users to process billions of transactions without the need of leveraging expensive hardware. Additionally, thanks to the #TraceChain protocol, the network is one of the quickest available, with extremely low confirmation times and almost-zero transaction fees.

Based on everything that has been outlined so far, it is expected that by leveraging the #MetaHash network, the cryptocurrency industry will see a rapid development, granted the advantages offered by the technology.

Moreover, #MetaHash has announced details around its upcoming public token sale and beginning of forging as an evolution of mining. #MetaHash aims to allocate 920,000,000 #MetaHashCoin (#MHC), equivalent to 10 percent of its token emission. Starting from 12:00 UTC on 29th of June, 2018, and continuing until the goal is reached, interested parties can purchase #MHC for $0.0391 per token (will be accepted in ETH and BTC at the exchange rate at the time of purchase).

The first buyers of tokens will enjoy the attractive initial price which is at least 2 times lower than at the next phase. Moreover, they may also get the maximum advantages of the early forging, the start of which is planned for August of 2018.

In comparison to mining, forging is based on different principles and offers a set of unique advantages for crypto enthusiasts including high accessibility and effectiveness even for smartphone-based forgers, low costs, no overheat and damaging to the environment, and rewards for the use of active tokens in verification and support of the network.

Those who wish to learn more about #MetaHash can visit the official website, follow the team on Medium, join the official chat on Telegram, and check out the presentation video. To apply for the ICO, please submit your request at metahash.org/#ico.

#MetaHash – A Self-Sustaining Network Capable of Processing 5 Billion Transactions per Day published first on https://medium.com/@smartoptions

[mooncatchermeme-blog]

MultiPoS has revealed how it plans to move away from mining technology in favor of forging

A MultiPoS consensus blockchain and decentralized real-time application platform has revealed how it plans to move away from mining technology in favor of forging — arguing that a multi proof-of-stake method is more effective and rational for its users.

#MetaHash says forging does not require expensive hardware that’s packed with computational power, which is one of the reasons why mining is so energy intensive, expensive and inaccessible to some crypto enthusiasts. By comparison, forging can be achieved through common web servers and even home PCs which have access to a reliable internet connection.

The company has unveiled a “simple and transparent” process for distributing rewards once transactions are validated. While 50 percent would be shared among holders of #MetaHashCoin (#MHC), 40 percent is devoted to node owners — with the final 10 percent being divided among active users of #MetaGate.

#MetaGate is a browser where decentralized applications — built using “revolutionary platform” called #MetaApps — can be accessed. The startup claims that software constructed through its platform benefits from a graphical user interface that’s comparable with web services that are known, loved and regularly used by the public at present.

In a blog post, the company explained: “Mining amounts to the solution of a math problem with the possibility of further verification by any other member of the network. #MetaHash changes this principle. Forging on our platform means forming the block together with all network members and simultaneous [sic] dividing commissions between all users (depending on how many transactions a particular user processed).”

According to #MetaHash, its first forging initiatives are scheduled to begin in earnest from August onwards.

MainNet launches

As reported by Cointelegraph, the company recently launched a “lightning fast” protocol known as #TraceChain, which can approve transactions in under three seconds.

#MetaHash says it has opened its mainnet following months of load tests — with the end results showing that the platform regularly exceeded its advertised capacity of 60,000 transactions per second. That’s the equivalent of an estimated five billion transactions on a daily basis. During the test phase, the startup estimated that more than 500 billion transactions were processed.

Describing its #TraceChain-based platform, the company said: “It offers unparalleled speed, security and decentralization at the lowest price per transaction in the history of blockchain.”

The company has launched a queue-based coin sale at 12:00 UTC on 29 June 2018 — paving the way for interested contributors to purchase #MHC in either Ethereum or Bitcoin. It says that 920 million coins are being distributed during its coin offering, with a goal of raising $36 million.

Looking beyond its token sale, #MetaHash has bold plans to further improve the four components that comprise its platform. This includes the final release of its #MetaGate wallet, which will be available on iOS and Android as well as Mac OS X, Windows and Linux. The company also aims to announce fresh details of its future development strategy in the fourth quarter of the year. By the start of 2019, “extensive security testing” will be taking place — and this will be followed by the release of its source code and the launch of a fully decentralized system.

[awesomeblockchain]

MetaHash is the next generation network based on Blockchain 4.0 technology

Entering the era of industry 4.0, various technologies that will change the industry have sprung up. One such technology is Blockchain. As one of the basic technology mentioned will change many industrial patterns. As technology is predicted to be the technology of the future in the world, Blockchain continues to experience developments over time so that this advanced technology can be used in various aspects of life in society such as personal identity security, land and property ownership registration, and gold tracking digitally, digital asset. Benefits of Blockchain's use are the results of Blockchain exploration conducted by several major technology-based companies in the world such as IBM, Hyperledger, Microsoft, Oracle, MasteCard, and many more technology and banking companies participating in the development of Blockchain technology in the world.

If we look at the journey and track record of Blockchain's use to date it seems Blockchain technology as a technology of the future, Blockchain Usability above be proof that Blockhain can be the answer to the problems that occur in the world community. The presence of Blockchain technology indirectly will also drive digital transformation for companies in the world. Like the payment process, personal identity validation is set up automatically, Due to this modern era, the protection of one's privacy takes precedence. Therefore the use of Blockchain in this sector is considered very large. And now has come a platform based on the progress of technology blockchain 4.0

Metahash is a platform for sharing for storing any information in Blockchain with crypto 4k and multi-signature protection and can transact within 3 seconds to approve within the MetaHash network and beyond, can also exchange digital assets and this can make we manage decentralized applications and services on a timely or real time basis. In the Metahash platform there are 4 components that make this platform different from other platforms.

Four System Components :

TraceChain

Having more than five billion transactions per day, and having no more than three seconds to validate a transaction is an unprecedented and unprecedented speed.

MetaApps

A cloud service for smart smart real-time evolution applications and can be used to decentralize any service. This is an independent program that can exist forever and not anyone's

MetaGate

MetaGate is an open source program, so all developers can embed portions of code into their own applications and is a self-development system embedded in its genetic code. MetaHashCoin we can also use for the payment tool:

Transaction

Data storage

Application operation

Other services

Token 1 MHC = 0.0125 ETH

Type - ERC20

Price in ICO - 1 MHC = 0.0125 ETH

Tokens for sale - 20,240,000

Investment info

Accepting- ETH

Distributed in ICO - 12%

Roadmap

2012-2016

A network library for receiving signals, working on C++ and capable of simultaneously receiving and sending more than 100,000 requests per second to one inexpensive standard server;

A network library for synchronizing signals within a cluster that manages gigantic data flows between cluster machines;

A machine learning system that decides in 40 milliseconds to respond to a signal taking into account multifactorial interrelationships;

Own analogue of Hadoop's for similar systems in C ++ for distributed processing of large data.

Q2 2017

Development of #TraceChain protocol (Alpha version).

Q3 2017

Development of #TraceChain protocol (Beta version);

AdNow team joins us.

Q4 2017

Agranovsky IT team joins us;

Formation of Business Development team;

Formation of Operational Team.

Q1 2018

#MetaHash website official launch;

Start of the Operational Team office construction;

Onboarding of experts and advisors;

Multi-asset wallet (alpha version);

Centralized #TraceChain Net spread between multiple servers;

The ICO interface on the #MetaHash platform in the #MetaICO application;

Converting #MetaHashCoins to ERC20 and withdrawing them to the Ethereum network so that #MHC holders can choose which network to use and automatically convert ERC20 tokens into #MetaHashCoins;

Alpha 1.1. (Application Platform);

Testnet data download API;

Opening of the Operational Team office.

Q2 2018

ICO Round A start;

Release of #MetaChains. API featuring transaction history and balance of wallets associated with different blockchain platforms; Decentralized application containing information about transactions in the Ethereum and Bitcoin networks which is necessary to provide blockchain interoperability in #MetaApps;

Encrypted messenger for public notifications and messaging between wallets;

Alpha-peer nodes that connect to TestNet to be installed on any server;

Network core performance testing service (1,000,000 + transactions per second);

Interface for creating tokens inside the network #MetaHash;

Release of ICO project platfom at #MetaHash;

Voting functions in the #MetaHash network;

AI managing the routing of signals between nodes and 100 test nodes in different geographical locations.

Q3 2018

Release of the #MetaToken application, tokenization of ETH, ERC20, Bitcoin into #MetaHashCoin for use in the #MetaHash network;

Alpha-version of #MetaStorage, service for decentralized applications;

The platform for deployment of third-party decentralized applications #MetaApps (Alpha version). From the beginning of 2018, its test version will be available for Beta testing;

Final release of #MetaGate wallet for Mac/Win/Unix/Android/iOS.

Q4 2018

Start of forging;

ICO Round B start or conclusion of the Listing Agreement with the duly organized and regulated cryptoexchange;

Further plan announcement.

Q1 2019

Extensive security testing;

Source code release upon the completion of testing;

Launch of a fully decentralized system.

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