In #MetaHash, there are a lot of various terms and definitions. In order not to get lost in this wave of information, you need to read and understand as much material as possible. The articles are aimed at these purposes. Today we want to present you #MetaChains.

The main role of #MetaChains is to store the balance of all blockchain wallets, digital wallets that allow users to hold and manage cryptocurrency. The Blockchain Wallet interface shows the current balance for both bitcoin and ethereum tokens, and displays the user’s most recent transactions. Users can send a request to another party for a specific amount of bitcoin or ethereum, and the system generates a unique address that can be sent to a third party or converted into a QR code. The blockchain wallet can store only bitcoin and ethereum, but users can invest any cryptocurrency in #MetaHash, other coins will be automatically converted to Ethereum.

Future Investors and decentralized internet supporters wonder how their cryptocurrency (Ethereum, Bitcoin or other) will be converted to #MetaHashCoin/MHC. In order for the tokens to be delivered, #MetaHash must receive 6 confirmations from the Ethereum network and confirmation from the nodes on which #MetaChains stands. The verification of transactions from the networks Ethereum and Bitcoin takes about 6 hours. The deposit is a transaction itself. If the transaction took place, the coins will be delivered. The role of #Metachains is vital in this process and many others.

Readers already learned about #MetaApps, decentralized applications in the #MetaHash network based on the #TraceChain protocol, however, it should be noted, that #MetaChains is used in #MetaApps too via ready-made modules for applications (the #MetaHash network will include an array of decentralized modules to accelerate the development of new projects).

In addition to #MetaApps, there are many other ways how #MetaHash is using #MetaChains. For example, #Metachains is also used in #MetaGate, #MetaICO and #MetaToken. Importance of its role is huge due to the fact that safety is dependent on storing the wallets. No one wants an easy access to their balance info or transaction history.

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