Welcome to the Age of Forging
In an era where blockchain technology seems to evolve faster than my ability to keep up with my grocery list, MetaHash is taking a bold step. They are ditching the traditional mining approach, which can be as resource-intensive as a toddler at a candy store, and are moving toward a proof-of-stake model, specifically forging. It’s like switching from driving a gas-guzzler to a compact hybrid—much more efficient and user-friendly.
The Perks of Forging Over Mining
Let’s face it, mining can often feel like a humid gym session when you realize the amount of lethal hardware needed just to keep up isn’t worth the sweat! MetaHash argues that their forging system can be handled by basic web servers and even your trusty home PC, provided it has a decent internet connection. Say goodbye to costly mining rigs that could take up half your living room and welcome the simplicity of forging.
Distribution of Rewards: A Fair Share for All
Reward distribution in this forging wonderland is designed to be as straightforward as finding a pizza place on a Friday night. Here’s how it breaks down:
- 50% goes to #MetaHashCoin (#MHC) holders.
- 40% is dedicated to the dedicated node operators.
- 10% is shared among the diligent users of the #MetaGate browser.
No one feels left out—kind of like that dessert you forgot to put in the fridge that still gets eaten by someone!
Introducing #MetaGate and #MetaApps
If you haven’t heard of it yet, #MetaGate is the browser where all the cool decentralized applications hang out. Picture it as a lively marketplace buzzing with activity, powered by the innovative #MetaApps. These apps aren’t just your run-of-the-mill applications; they come with a classy interface that makes users feel right at home, similar to your favorite social media platform—comfortable and familiar.
A New Approach to Validation
Unlike traditional mining, which is like slogging through mud at a certain point, MetaHash offers a fresh perspective. With forging, users collaborate on forming the block and share in the transaction commissions based on user activity. It’s a community effort, bringing together crypto enthusiasts in a way that would make any team-building exercise proud.
Speeding Towards the Future with #TraceChain
Ready for some lightning-fast transactions? MetaHash recently unveiled their #TraceChain protocol, boasting transaction approval times that rival even the quickest of quick-service drive-thrus—under three seconds! During their exhaustive load tests, the platform exceeded a jaw-dropping 60,000 transactions per second. To put that in perspective, that’s akin to completing an entire season of a show on Netflix in less than a week.
Coin Sale and Future Plans
Amid all this excitement, there’s also a coin sale that kicked off on June 29, 2018, allowing eager supporters to get their hands on some #MHC either in Ethereum or Bitcoin. With 920 million coins up for grabs, MetaHash has its sights set on a whopping $36 million!
Looking ahead, they’re set to release the final version of the #MetaGate wallet across multiple platforms and engage in extensive security testing. By 2019, we’re promised an entirely decentralized system that will blow our socks off (if we haven’t lost them in our various crypto adventures).
