Topic: [ANN][ICO]⚡ Metahash - cryptocurrency for decentralized apps⚡ - page 52. (Read 63668 times)
For all technical complexity, MetaGate is much easier for the user than conventional crypto currency.
Hi, will MetaChains be able to interoperate only between bitcoin and etherium network? What about EOS, TRON, etc?
Our goal is to ensure that all the blockchain are united so that in the future this will be possible.
Hi, will MetaChains be able to interoperate only between bitcoin and etherium network? What about EOS, TRON, etc?
Thank you guys for encouragement and feedback! We're glad to share community with you!
Unprecedented speed and decentralization of the #TraceChain network make #MetaHash the flagship of Blockchain - I'm supporting this idea of Blockchain 4.0 technology for sharing digital assets
Are there any analogues of your project or you have the original blockchain and the method of confirming the work? I read about the Semux project, your principle of distribution of the award is something similar? I think you have common features in the projects.
#MetaHash is an original blockchain created from 0 in C/C++.
Our goal was to improve delegated PoS consensus by optimising network sync by introducing roles and increase irreversible transaction creation speed by adding multi-layered verification on the way of the transaction sync. Our consensus is called multi-PoS because the block is created by multiple cores at the same time and verified by a tree of torrents upon it's journey to end-user.
Doing this allowed us to sync 18 megabytes of data per second across hundreds or even thousands of nodes distributed around the globe in under 3 seconds resulting in over 50 000 tx/s.
The reward system is also unique. There is no limit on delegates except the need to collect enough votes and rewards are distributed between all participants even the smallest ones.
Nevertheless, modern blockchain projects have their own disadvantages: the problem of scalability — there is no possibility to increase the network performance; initially slow transaction processing speed; too power-hungry mining; the growing commission for processing the data chain and the lack of interest of users in future project development. All these problems are solved by the technologies developed by the #MetaHash team.
And how is the block distributed? How does he fall on the nodes?
Each Node has an associated #MetaHash address.
Every 24 hours rewards are calculated, all network nodes vote for them to be correct and they are send to all addresses that deserved rewards.
Are there any analogues of your project or you have the original blockchain and the method of confirming the work? I read about the Semux project, your principle of distribution of the award is something similar? I think you have common features in the projects.
MetaHash forging rewards distribution happens every 24 hours.
Reward Pool = 1/361 from yearly Forging Pool + Commissions from transactions in past 24 hours.
So forgers get all rewards from pool and from transactions.
50% is distributed between coin holders that make stakes at Nodes.
Your Share = your stake / all stakes from all people
Your Reward = Your Share * Reward Pool
40% is distributed between people running Nodes
Coins are deleted by Coin Owners to Nodes.
It is possible to delegate Coins to a Node you own, but it is not obligatory.
Node Reward = (delegated coins to a Node / all delegated coins) * ForceKoef * Trust
ForceKoef is how useful a node is for network. More details will be in Yelllow Paper.
Trust starts at 0.01 and gains 0.005 every day reaching 1 in 198 days.
If a Node lies it looses Trust and part of rewards for 198 days.
Delegated coins are unlocked and owners must re-delegate.
10% is distributed between #MetaGates active for more than 4 hours in last 24 hours.
Detailed spit is in WP.
Reward Pool = 1/361 from yearly Forging Pool + Commissions from transactions in past 24 hours.
So forgers get all rewards from pool and from transactions.
50% is distributed between coin holders that make stakes at Nodes.
Your Share = your stake / all stakes from all people
Your Reward = Your Share * Reward Pool
40% is distributed between people running Nodes
Coins are deleted by Coin Owners to Nodes.
It is possible to delegate Coins to a Node you own, but it is not obligatory.
Node Reward = (delegated coins to a Node / all delegated coins) * ForceKoef * Trust
ForceKoef is how useful a node is for network. More details will be in Yelllow Paper.
Trust starts at 0.01 and gains 0.005 every day reaching 1 in 198 days.
If a Node lies it looses Trust and part of rewards for 198 days.
Delegated coins are unlocked and owners must re-delegate.
10% is distributed between #MetaGates active for more than 4 hours in last 24 hours.
Detailed spit is in WP.
I saw an example of Bob and Alice.
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
Assuming that the total reward for the 10k block, the number of coins distributed among the voting participants is 5k (50%). Further, since Alice has only 1/10 of all votes, she will receive 1/10 from 5k to 500 MHC, Similarly, with a server reward, they all have a 4000 MHC reward, Alice will have Bobs 1/10 of all voting tokens, so she will get 1/10 of the 4,000 MHC - 400 MHC.
When Bob delegated 1,000,000 MHC to Alice, Bob was involved in the allocation of 5,000 MHC, and received 1/10 to 500 MHC, but he did not participate in the second allocation of 4,000 MHC, in that distribution it is believed that Alice has 2,000,000 tokens, which is 2/10 of everything and therefore will receive 800 MHC. As a result, she receives 1300 MHC
Bob will receive a total of 500 MHC
Hosts of peers will receive as Alice, only they will participate in fewer votes, and therefore will earn less than a day
Is each node a server?
Bob in the example does not own the node?
Yes, between all the nodes this 4k are divided, depending on the number of coins delegated to them
Tell me more about this please
His reward for the server will go to Alice
Alice was delegated 1.000.000 + she had 1.000.000 of her own. In the end, she received a 2/10 of total pool
And how is the block distributed? How does he fall on the nodes?
I saw an example of Bob and Alice.
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
Assuming that the total reward for the 10k block, the number of coins distributed among the voting participants is 5k (50%). Further, since Alice has only 1/10 of all votes, she will receive 1/10 from 5k to 500 MHC, Similarly, with a server reward, they all have a 4000 MHC reward, Alice will have Bobs 1/10 of all voting tokens, so she will get 1/10 of the 4,000 MHC - 400 MHC.
When Bob delegated 1,000,000 MHC to Alice, Bob was involved in the allocation of 5,000 MHC, and received 1/10 to 500 MHC, but he did not participate in the second allocation of 4,000 MHC, in that distribution it is believed that Alice has 2,000,000 tokens, which is 2/10 of everything and therefore will receive 800 MHC. As a result, she receives 1300 MHC
Bob will receive a total of 500 MHC
Hosts of peers will receive as Alice, only they will participate in fewer votes, and therefore will earn less than a day
Is each node a server?
Bob in the example does not own the node?
Yes, between all the nodes this 4k are divided, depending on the number of coins delegated to them
Tell me more about this please
His reward for the server will go to Alice
Alice was delegated 1.000.000 + she had 1.000.000 of her own. In the end, she received a 2/10 of total pool
I saw an example of Bob and Alice.
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
Assuming that the total reward for the 10k block, the number of coins distributed among the voting participants is 5k (50%). Further, since Alice has only 1/10 of all votes, she will receive 1/10 from 5k to 500 MHC, Similarly, with a server reward, they all have a 4000 MHC reward, Alice will have Bobs 1/10 of all voting tokens, so she will get 1/10 of the 4,000 MHC - 400 MHC.
When Bob delegated 1,000,000 MHC to Alice, Bob was involved in the allocation of 5,000 MHC, and received 1/10 to 500 MHC, but he did not participate in the second allocation of 4,000 MHC, in that distribution it is believed that Alice has 2,000,000 tokens, which is 2/10 of everything and therefore will receive 800 MHC. As a result, she receives 1300 MHC
Bob will receive a total of 500 MHC
Hosts of peers will receive as Alice, only they will participate in fewer votes, and therefore will earn less than a day
Is each node a server?
Bob in the example does not own the node?
Yes, between all the nodes this 4k are divided, depending on the number of coins delegated to them
Tell me more about this please
I saw an example of Bob and Alice.
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
Assuming that the total reward for the 10k block, the number of coins distributed among the voting participants is 5k (50%). Further, since Alice has only 1/10 of all votes, she will receive 1/10 from 5k to 500 MHC, Similarly, with a server reward, they all have a 4000 MHC reward, Alice will have Bobs 1/10 of all voting tokens, so she will get 1/10 of the 4,000 MHC - 400 MHC.
When Bob delegated 1,000,000 MHC to Alice, Bob was involved in the allocation of 5,000 MHC, and received 1/10 to 500 MHC, but he did not participate in the second allocation of 4,000 MHC, in that distribution it is believed that Alice has 2,000,000 tokens, which is 2/10 of everything and therefore will receive 800 MHC. As a result, she receives 1300 MHC
Bob will receive a total of 500 MHC
Hosts of peers will receive as Alice, only they will participate in fewer votes, and therefore will earn less than a day
Is each node a server?
Bob in the example does not own the node?
Yes, between all the nodes this 4k are divided, depending on the number of coins delegated to them
I saw an example of Bob and Alice.
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
Assuming that the total reward for the 10k block, the number of coins distributed among the voting participants is 5k (50%). Further, since Alice has only 1/10 of all votes, she will receive 1/10 from 5k to 500 MHC, Similarly, with a server reward, they all have a 4000 MHC reward, Alice will have Bobs 1/10 of all voting tokens, so she will get 1/10 of the 4,000 MHC - 400 MHC.
When Bob delegated 1,000,000 MHC to Alice, Bob was involved in the allocation of 5,000 MHC, and received 1/10 to 500 MHC, but he did not participate in the second allocation of 4,000 MHC, in that distribution it is believed that Alice has 2,000,000 tokens, which is 2/10 of everything and therefore will receive 800 MHC. As a result, she receives 1300 MHC
Bob will receive a total of 500 MHC
Hosts of peers will receive as Alice, only they will participate in fewer votes, and therefore will earn less than a day
Is each node a server?
Bob in the example does not own the node?
this project has a great advantages on transaction per seconds and little transaction approval time, great job for this project. but how it can do this? why it is so optimist
thank you for the encouragement
you could get some further details of the transactions definition in our WP (page 9)
I saw an example of Bob and Alice.
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
Assuming that the total reward for the 10k block, the number of coins distributed among the voting participants is 5k (50%). Further, since Alice has only 1/10 of all votes, she will receive 1/10 from 5k to 500 MHC, Similarly, with a server reward, they all have a 4000 MHC reward, Alice will have Bobs 1/10 of all voting tokens, so she will get 1/10 of the 4,000 MHC - 400 MHC.
When Bob delegated 1,000,000 MHC to Alice, Bob was involved in the allocation of 5,000 MHC, and received 1/10 to 500 MHC, but he did not participate in the second allocation of 4,000 MHC, in that distribution it is believed that Alice has 2,000,000 tokens, which is 2/10 of everything and therefore will receive 800 MHC. As a result, she receives 1300 MHC
Bob will receive a total of 500 MHC
Hosts of peers will receive as Alice, only they will participate in fewer votes, and therefore will earn less than a day
I saw an example of Bob and Alice.
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
What bonus will Bob receive from the fact that it has delegated tokens?
What income will Bob get from this example?
How much will the hosting hosts from this example receive?
MetaApps is trying to build the evolution of smart contracts in this very ambitious. If it works, it can be used to decentralize any service. If the team really does, the project will be a hit in 2018.
if i hold 100k MHC in my metawallet, does it automatically become a peer node or i need to change something on my desktop PC or in metagate.
Probably not, you will have to use a special code, but this will be clarified in the Yellow Paper
if i hold 100k MHC in my metawallet, does it automatically become a peer node or i need to change something on my desktop PC or in metagate.
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