Home Others Public Protocols What is #MetaHash?

What is #MetaHash?

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#MetaHash is a next-generation network based on the Blockchain 4.0 technology for sharing digital assets and a platform for creating and managing decentralized apps and services in real-time.

White Paper: https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf?v=5

Goals and Objectives
The popularity of cryptocurrencies in 2017 caused thousands of blockchain projects of different scales and focus to appear. However, the
growth of most of these projects was limited by the technical capabilities of the existing blockchain / operators / networks.
The low speed, closed nature of blockchain networks, and their inability to interact with each other, are the real problems slowing down the
development of this technology in general. #MetaHash is designed to
create a single solution that allows blockchain systems of the future to
unite into a single decentralized network, capable of recording each and
every transaction.
The self-regulating #MetaHash network, in fact, creates a basis for the
emergence of a fully-fledged branch of the decentralized internet. It
doesn’t depend on individual creators once launched and is managed by
open voting1 of users or #MetaHashCoins2 holders.
A fully decentralized internet would bring freedom from the control of
large corporations. Project management would be in the hands of end
users.
The key distinction of decentralized projects running on open source3
code is the fact that they are built the way users need them. Projects are
created for users rather than for maximizing benefits to a limited group
of stakeholders, which harms both the market and the users.

MetaHash enables the creation of:

Decentralized applications that work in real time like ordinary web
services and applications and can respond to events both in any of
the blockchain networks and on the regular internet;
Independent sub-chains protected by the main #MetaHash network that also operate on the basis of the #TraceChain protocol.
These sub-chains are created so thousands of #MetaApps can
cost-effectively operate without overloading the main network and
slow other applications. Lots of applications are waiting for a solution to build isolated, cost-effective and secure chains that would let
them transfer the required data;
Digital assets in the form of tokens in the #MetaHash network
for sharing within the network and converting to the tokens (digital assets) of other networks. Any asset in another blockchain
system (ETH, ERC20, Bitcoin) can be converted to #MetaHashCoins. MetaHash supports the concept of blockchain interoperability assuming that the future of the internet lies in the ability of independent networks to interact and integrate with each other.

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