What is MetaHash?
The #MetaHash network consists of four parts:
#TraceChain
The solution to the speed problem is based on an automatic self-learning algorithm for routing signals over the network. Starting at a rate of 50,000 transactions per second (the capability of a 100-megabit channel), it grows as more nodes with higher bandwidth are added to the network forming the core of the network and improving the reliability of additional #DataChains which are needed for running applications.
#MetaApps
Nodes added to the #MetaHash network are used by decentralized applications. 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, and #MetaHashCoin holders will decide by open vote whether or not to approve it, reflecting the universal values of all the network members.
#MetaGate
This is an open source interface using the #TraceChain protocol making it possible to work with #MetaApps and networks. Third-party developers can use the #MetaGate code to embed #MetaApps and #TraceChain/blockchain features into various applications and browsers.
#MetaHashCoin
The network’s digital payment currency. It is used to ensure consensus, to pay for all network services and to control self-financing.