Introduction
Cryptocurrency has become the latest asset to have the highest return in the investor's portfolio. The amount of return is making the traditional investors find alternatives in the cryptocurrency market. Despite its volatility and absence of useful application in the market, it has seen a massive investment in the last couple of years. People have been trading cryptocurrency which has made many governments skeptical about the future of the digital currency in their country. But, before we move on to the next phase of the cryptocurrency revolution, it is beneficial to address the challenges of the current situations.
The first and the most basic challenges are the limited numbers of transactions per second, which severely limits the growth of the digital currency in the market. The second challenge is the making the transaction free of charge, which is not the case right now because currently, the transaction costs are getting higher as the number of transactions is increasing. The other challenges in the cryptocurrency relate to the mining techniques and speed of the transactions. These are some of the most important challenges faced by the existing players in the market. There is a need to solve these challenges to reach to the next level of the development.
Solution offered
METAHASH is the platform offering solutions for the challenges mentioned above. It is a decentralized platform offering 5 billion transactions per second with a validation time of 3 seconds. The creation of the platform will give way to the building of a decentralized internet. The platform is built on the Trace Coin protocol. Many decentralized projects and applications can be created on the platform. Metapps gives developers the power to produce decentralized apps. The very nature of the decentralization allows the token holders on the platform to vote for the different features and matters of the ecosystem.
They believe that their platform can enable true decentralization for the many projects available in the market. High bandwidth and low price are the main features of the protocol behind the platform. The other features of the platform are the MHC, a cryptocurrency token which can be utilized for the payment and services. Hybrid voting model is utilized to address the security concern in the MHC payment. Overall, the decentralized platform is offering the fastest transaction in the market, as well as, a promise to the existing platforms and developers that it can also provide resources for their decentralization.
ICO INFORMATION AND TEAM
9,200,000,000 MHC Tokens are created for the platform. The token sale is currently live on the platform. The funds will be utilized on the business development and technology development of the platform. The team working on the project are experienced in the field of blockchain technology and software development.
Conclusion
The next generation of the blockchain network is here offering fast transactions for everyone. The challenges on the current network can be easily solved by integrating the solutions offered by the platform. The market for the cryptocurrency is ever changing, and while many are skeptical about the future of the cryptocurrency stability, others are working towards creating a powerful application for the real users in the market. One of the core and important steps in the adoption of the cryptocurrency is the launch of an application that has the real-life value.
The future of decentralization is promising as the companies working on it have shown much progress and maturity in developing applications that solve the problems of the market. One of the questions that remain unanswered is the adoption of the current application in the market. While we don't know the future, but given the kind of services offered by the application, it wouldn't be tough to find users and developers in the market. What do you think about the services offered on the platform? Will you be the one investing in the application or developing the decentralized application on the platform?
Website- https://metahash.org/
Whitepaper- https://static.metahash.org/docs/MetaHash_WhitePaper_EN.pdf
Published By- Kishan748
Btalk Profile- https://bitcointalk.org/index.php?action=profile;u=1027561