The #MetaHash team continues to fight for technology market improvement and materialization of our advanced solutions. As you know, the existing projects have accumulated a lot of extremely serious problems for a few years of crazy popularity growth of cryptocurrencies and the whole Blockchain. The problems that impede further development and which cannot be resolved without interruption of project operation. To be honest, some of them remind a meteorite flying in an unknown direction and burning out of its own movement. But we don’t want such a fate and that is why we offer you the real solutions now.

Let’s discuss such an urgent problem as a growing commission for transactions confirmation. The existing system for determining commissions for transactions is created to resolve the situations when the demand for network use exceeds its bandwidth. This approach is inefficient and creates a lot of inconvenience: you have often to raise the rate (already extremely high); the waiting time for each transaction confirmation is extended by hours or even days; the need to constantly monitor the fluctuations in demand is really irritating. Of course, all these factors cause great discomfort for users, because they have to choose either increasing the commission rate or prolonging the period of transactions’ confirmation.

What does #MetaHash offer? Well, let’s start with the fact that thanks to the technology #TraceChain developed by our team, the bandwidth has increased so much that there is simply no sense in raising rates and competition on this basis. In #MetaHash commissions for transactions are not provided. The need for it can arise only for protecting the network against spam transactions. We want to allow you to make all transactions in an instant (as it happens with bank transfers) grace to our currency #MetaHashCoin. The digital assets of any existing Blockchain-networks can be easily transferred to #MetaHashCoins, without wasting time and resources on various commissions.

#MetaHash stepped so far that the complex and time-consuming process of participation in a blockchain project has become much easier for a layman user. In our following posts, we will describe in detail the ways of correcting other serious shortcomings of the current Blockchain.

Stay on the edge!

Join the discussion of our project:

Our website

Telegram

Twitter