What is #MetaHash (MHC)?
MetaHash is a decentralized network based on Blockchain 4.0 technology. It is used for digital asset exchange, as well as for creating decentralized apps and other services. MetaHashCoin (MHC) is the native token of the platform. Take a look at the MetaHash price chart above to see the current MHC price.
The platform is secured by a multiPoS consensus mechanism and it offers over 100,000 TPS and has under 3s validation time.
Three main components of the network are:
- TraceChain. A blockchain that reroutes traffic throughout the network, which makes it fast and secure.
- MetaHashApps. A platform that allows for the construction of decentralized real-time apps. It supports such programming languages as C++, PHP, and Solidity, and others.
- MetaHashGate. A multi-asset wallet and dApp directory.
Use Cases of MHC Tokens
MetaHashCoins have a huge variety of use cases. For starters, MHC tokens are used for making instant transactions of various assets.
Secondly, MetaHash tokens facilitate the operation of applications on the platform.
Moreover, MHC tokens are used for data storage on the MetaHash network.
Lastly, the tokens are used as a means of payment for listing MetaApps, buying public addresses, or putting ods on MetaGate.
Don't forget to check the live MetaHash price chart above. It will help you to figure out the main trends in the MHC price changes.
Who Founded #MetaHash?
The MetaHash crypto project was founded by Gleb Nikitin and Anton Agranovsky.
Gleb Nikitin is a serial entrepreneur who has more than 20 years of expertise in the creation of large-scale technology initiatives. Anton Agranovsky, on the other hand, is an investor, specialist, and opinion leader in the area of the formation and growth of IT enterprises.
Tokenomics of MHC
On March 30, 2019, MHC price reached a new all-time high of $0.097858627445. However, 2 years after, on the 24th of June, 2022, MetaHash price reached its all-time low of $0.001246910167.
Forging will be used to distribute 50% of all MetaHash Coins over the course of ten years. That comes out to 4,600,000,000 MHC in total. Within the first year of the initiative's launch, the participants in the forging process will be given a total of 708,400,000 MHC.
This represents 15.4% of the entire forging pool throughout history and 7.7% of the overall quantity of MHC. In the process of forging, the players' incentives will increase in proportion to the decreasing number of coins utilized.
Those who have at least 100,000 MHC in their wallets are eligible for a share of the 637,560,000 MHC that will be distributed as a reward from the forging pool.