Metaverse – The First Public Blockchain in China
ABOUT
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Metaverse is a leading public blockchain based in China. Designed to facilitate low-cost, convenient transfer of digitized personal data and assets with unprecedented security and privacy, Metaverse aims to revolutionize the way financial services and transactions are processed, and to improve outdated and inefficient identity verification services with a network of Digital Assets, Digital Identities, and Oracle intermediaries. Ticker: ETP
Total Amount: 100,000,000 ETP
Block Time: 24 seconds
Dev Language: C++
Consensus: PoW+PoS
Allocated to system maintainers (PoW mining): 30 million ETPThe Three Pillars of Metaverse:
1.Digital Assets
Physical assets can be digitized to enhance market efficiency and market value, whilst connected to the Internet of Value.
2.The Avatar - Digital Identity
Digital identity is an important concept for the exchange of information and assets, connecting people, companies, and the Internet of Things (IOT).
3.The Oracle – Value Intermediary
Value Intermediaries are the link between the physical world and the virtual digital world. They issue smart properties on the chain, prove the linkage between physical identities and Avatars, and are the regulatory bodies that supervise transactions on Metaverse. Short-term Target:
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We plan to integrate digital identity into the main network.
Digital identity is the general name given to an account’s profile information, corresponding to the master private key that belongs to a user. Each profile has a unique identifier called DID. There is a one-to-many relationship between master private keys and digital identities, and any entity (individuals, organizations etc.) may create a digital identity and bind it with their master private key. Additionally, profiles can also provide effective chains of proof, allowing users to issue assets on the blockchain and use the authorization and query functions.How the digital identity works:Combined with digital identity, we also put forward the concept of BaaS:
The concept of BaaS was first proposed by Metaverse, that is to say enterprises or individuals can customize blockchain services for blockchain solutions providers according to their actual needs. Metaverse’s BaaS framework mainly caters to business users, such as individuals or businesses with transaction or asset management needs. Business users can no longer be grouped as they traditionally were and hence BaaS must be able to cater to any digital identity.
The framework of BaaS:WHITEPAPERS
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FOUNDATION
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The Metaverse Foundation aims to maintain ETP’s liquidity and its effectiveness as an economic medium. The Foundation’s investment and guidance is based on the development of all industrial links derived from the Metaverse Blockchain.
Purpose:
1. Support community members
2. Support the promotion of community products, projects and theory
3. Invest in commercial application projects based on the Metaverse Blockchain
Description Page: https://coinmarketcap.com/currencies/metaverseTEAM
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MORE INFO
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Metaverse API GitHub:https://github.com/mvs-org/metaverse/wiki/Metaverse-API-Call-List
Welcome developers to use our API to develop application and we'll keep updating source as well
To learn more metaverse, please go to metaverse official website: https://mvs.org To keep follow up our latest news, please visit our social media channels: