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#MetaHash, a Blockchain 4.0-based digital asset exchange network and decentralized application platform, enables sharing digital assets and a platform to create and manage decentralized apps and services in real time.
#MetaHash uses artificial intelligence to synchronize cross-continental nodes to create an optimal map of the network, based on latency rates. The network then redistributes the data accordingly, harnessing its full power to enable the unprecedented processing speeds.
On June 29, #MetaHash opened its MainNet and started a queue-based coin sale prior to its upcoming start of forging initiatives. The MainNet is preceded by months of load tests and a public testnet, which showed results above-declared capacity of more than 60,000 TPS, with under three seconds of validation through more than 500 billion transactions processed within the test phase.
With the opening of the MainNet and start of #MetaHashCoin (#MHC) distribution, the first buyers will benefit from forging early, before the amount of forgers increases and forging rewards are split between more participants. Starting from 12:00 UTC on June 29, #MHC can be bought via ETH or BTC, but at a price equal to $0.0391 converted at the exchange rate at the time of purchase. During the coin offering, 920 million coins will be distributed and the goal of the initial offering is set at $36 million.
A Unique Protocol
The platform overcomes the limitations of blockchain solutions that are partially centralized and limited to no more than 2 million transactions per day. The #MetaHash protocol eliminates the disadvantage faced by blockchains that have to raise transaction fees to accommodate larger blockchain loads to increase transaction speeds.