The low speed, closed nature of blockchain networks, and their inabili – ty 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 voting of users or #MetaHashCoins 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 source 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.
#TraceChain is the new internet protocol that the #MetaHash net – work is based on. #TraceChain uses a mathematical model of optimal signal propagation across the network. The synchronization of thousands of computers overloads a network and slows it down. To solve this issue, #TraceChain relies on mathematical algorithms powered by #TraceChain AI – all sig – nals go from the outer radius to the cores. The signals are synchronized in multiple powerful cores and go back across the network. The more computers that need to be simultaneously synchronized, the higher the load on the network. The cores are not static and are con – stantly altered by voting. Adding high-performance computers to the network does not automatically make them cores, which protects the network against attacks. The core’s segments are fully decentralized and protected by Trust algorithms and additional verifications. The per – formance of the network core’s segments is checked and protected by external radiuses.
Comparison with current and prospective decentralized blockchain systems:
- Modern blockchain projects imply that cryptocurrency can only be used by technical specialists, traders and blockchain enthusiasts. Cryptocurrencies are complex and incomprehensible to a mass audience;
- Today, none of the existing or prospective systems provide sufficient speed and convenience to make blockchain solutions usable on an industrial scale;
- Speed, high transaction fees and huge complexity are the issues that the #TraceChain protocol is designed to address.
The application allows the release of #MetaHashCoins through the #MetaToken interface without knowledge of any programming language, using a combination of settings.In addition to simplifying the process of creating #MHC, it is very import – ant to support the protocol and create a comprehensive protection en – vironment against hackers by code verification on multiple applications. At the moment, all ICOs are held using smart contracts. Creating, execut – ing and understanding their results would require extensive knowledge of programming. #MetaICO offers a new ICO model. Absolutely anyone will have an opportunity to hold an ICO using tools similar to smart con – tracts. The tools offered by #MetaICO will be simple enough to be used by people who don’t have any significant programming skills. #MetaICO will accept any cryptocurrency using the data received from the #MetaChains app and convert the #MetaHashCoins into Ethereum tokens and other ERC20 tokens of other networks.