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Topic: Introducing Metabase: A High-Performance and Smart OpCodes Blockchain Platform - page 5. (Read 2100 times)

newbie
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For those of you that don’t know us, Intrepid Ventures is a blockchain venture studio that designs and builds new companies and decentralised platforms.

We’re excited to announce to you our first major in-house blockchain platform development by our company called Metabase, a high performance blockchain and smart opcodes platform for building next-generation businesses.
 
ICO Pre-Sale - Stage 1:   June 5, 2018 - June 22, 2018
ICO Pre-Sale - Stage 2: July 10th, 2018 - August 7th, 2018
ICO Main Sale - Stage 1: September 4th, 2018 - October 2nd, 2018
ICO Main Sale - Stage 2: October 2nd, 2018 - October 16th, 2018


To learn more about our project, please have a look at the following links:

Introducing Metabase
Metabase White Paper
Metabase Token Economics
Research Roadmap
Scalability Deep Dive
A Letter to our Token Holders
 
Best of all is to join the whole team in our telegram channel and ask us questions directly
 
Metabase Telegram Group
 
The community is very active and talkative. So join us and introduce yourself!
 
It’s a positive place where we talk about the project details and our early announcements about special offers and initiatives.

_______________________________________________________________________________ _______________________
 
About Intrepid Ventures

Based in Hong Kong, Intrepid Ventures is a blockchain venture studio that designs and builds new companies and decentralised platforms. The company serves global businesses at the intersection of blockchain and financial technology across Initial Coin Offerings, Enterprise Software Development, Cryptocurrency Research and Advisory Services, as well as New Media and Event Management.
copper member
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Bitcointalkers, you’ll find all important Metabase details on ICO Champs Now..
newbie
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Scaling Blockchain Technology Platforms

Why does scalability in next generation blockchains, or Bitcoin/Ethereum alternatives matter? What is Metabase, what makes it different, and how does it overcome the limitations of current blockchain technology? Read this post for bite sized insights on Metabase.

https://blog.metabase.network/metabase-blockchain-technology-crypto/

Learn more: https://metabase.network/
Whitepaper: https://whitepaper.metabase.network/
newbie
Activity: 99
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Here's a recent interview Block Asia did with our very own Zach Piester, co-founder and Chief Development Officer at Intrepid Ventures. Zach answer questions on the challenges facing blockchain platforms, the reality of where the industry is today, what needs to happen to take decentralized applications to the next level, and what makes Metabase different. Check it out!

https://www.blockasia.io/co-founder-of-intrepid-ventures-on-metabase-and-empowering-society/

Want to learn more about Metabase? https://metabase.network/ (https://metabase.network/)

For all the tech, check out our the Metabase Whitepaper: https://whitepaper.metabase.network/ (https://whitepaper.metabase.network/)

Check out the first post for more content.
newbie
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Building Next-Generation Blockchain Technology Platforms
Elements of a Multidimensional Blockchain Technology System

We have been working on Metabase for some time now here at Intrepid Ventures, and we’ve put in over a year on a research, system design, and just general passion for blockchain technology advancement to develop a crypto platform that performs differently.

I’m going to outline below why we strongly believe Metabase is a next-generation blockchain that will have a big impact for developers around the world.

Metabase is a scalable and modular blockchain platform for developing decentralised applications and next-generation businesses. It features an advanced virtual machine at its core, expanded blockchain programming capabilities, and is designed with security and usability in mind.

Below are some important aspects that explain what Metabase does differently to other well-known blockchains as well as our reasoning for taking a divergent approach in a number of critical areas.


Scaling Blockchain Technology
Bitcoin is fascinating. A completely decentralized system where financial actions that require a high level of trust, can be executed without trusting anybody. However, ‘trustless-ness’ comes with a price: hard limits on the number of transactions that can be processed in a specified time interval. Almost all of the well-known first generation blockchain systems have hard limits on the number of transactions.

Bitcoin limits the maximum block size, Ethereum limits the total amount of gas in a block, as examples. Due to the increased adoption of cryptocurrencies in recent years, the number of users and transactions have skyrocketed, testing the limits of first-generation blockchain systems.

‘Scaling,’ as it’s called, is the capability to serve the users of the system with similar quality even when the number of users increases. With Metabase, when its limits get reached, we aim to create a system that makes the necessary changes to increase its transaction throughput automatically.

By splitting the blockchain into multiple sub-chains and facilitating a parallel mining mechanism (i.e., the creation of multiple blocks at the same time), Metabase will adapt and scale its transaction processing capacity as adoption increases.


Store-of-Value vs Medium-of-Exchange Tokens
The meteoric rise of cryptocurrencies has had some unwanted and unexpected side effects for users such as rising rates and increased transaction fees. Using cryptocurrencies has become expensive as their popularity has grown. What’s more, many individuals buy and HODL cryptocurrencies with the expectation of future financial gains, using it as a store-of-value. However, what makes a currency lucrative as a store-of-value makes it less lucrative as a medium-of-exchange.

Metabase will overcome this problem by having two currencies in the system: a store-of-value coin and medium-of-exchange coin. Store-of-value coins are limited in supply, and mining rewards decrease in time similar to Bitcoin. The total amount of medium-of-exchange coins, however, increase respective to store-of-value coins and are therefore inflationary. This approach will keep the transaction costs low due to the circulation of medium-of-exchange coins.


Evolution of Smart Contracts
Ethereum is a widely known cryptocurrency system which advanced blockchains beyond Bitcoin by introducing the concept of ‘smart contracts’ and thus instantly creating the first blockchain-based decentralized application platform. Simply put, smart contracts are programs that run on a blockchain platform. Like all other computer programs, they are made of instructions or ’opcodes,’ waiting to be interpreted by the actual machine.

Nowadays, smart contracts are encountered mostly in the form of a ‘token’ which is about to be sold in an ICO. As expected, smart contracts become the primary target for malicious actors, due to their control over funds.  Exploiting smart contract flaws has become very lucrative financially.

With Metabase, we introduce the concept of Smart OpCodes, the ability to define an extended instruction that encapsulates a complex operation. Smart OpCodes can be used for enhancing security, like introducing a single instruction to validate a cryptographic signature. However, a more critical application of this concept is the creation of a marketplace for developers.

Developers will be able to create libraries or small utility applications, define it as a Smart OpCode and submit it to the Metabase marketplace. By taking this approach, we expect to see the first glimpses of highly sophisticated decentralized applications due to the ability to use packaged and verified Smart OpCodes from the marketplace.


Come change the game with us
At Intrepid Ventures, we are determined to build next-generation products and services that are accessible and easy to use.

From the beginning, our team understood that first generation blockchains have several limitations that are preventing their widespread use and adoption. So, instead of only focusing on scalability, like most other projects, Metabase takes a multidimensional approach. It is this multifaceted approach “scalability + real-world inspired monetary policy + smart OpCodes” that makes Metabase a next-generation blockchain platform and sets it apart from other projects.

Metabase introduces a dual-currency model which overcomes the high transaction fee problem and opens up a marketplace for developers, ultimately, by facilitating a financial incentive for developers.

Metabase has the potential to become the go-to platform for creating powerful applications that use multiple building blocks from the marketplace.


Learn more
Website: https://metabase.network/
Whitepaper: https://whitepaper.metabase.network/


Join the conversation
Twitter: https://twitter.com/iv_metabase
Reddit: https://www.reddit.com/r/Metabase/
Telegram: https://t.me/metabasenetwork
newbie
Activity: 99
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We've had quite a few questions on the topic of scalability. We put together this technical deep dive on scalability to give you a more in-depth look at how we've designed scalability into Metabase. Check it out!

Scalability Deep Dive: https://scalability.metabase.network/
For more info don't forget to check out the main site at: https://metabase.network/
Join the conversation on telegram: https://t.me/metabasenetwork
newbie
Activity: 99
Merit: 0
hot off the press we just released our research roadmap: https://roadmap.metabase.network/

If you're looking for more details on our roadmap - check it out! and don't forget to check out the main site for more info: https://metabase.network/
newbie
Activity: 99
Merit: 0
Looks pretty good . Recently, cryptocurrencies are being developed to enrich the developers themselves , but your project can solve useful problems . I wish you luck

Thanks! Join the telegram group if you want to chat to the team and learn more about the project. We're all pretty active there but the co-founders are the most active in responding. Here's the link: https://t.me/metabasenetwork
full member
Activity: 509
Merit: 105
Looks pretty good . Recently, cryptocurrencies are being developed to enrich the developers themselves , but your project can solve useful problems . I wish you luck
newbie
Activity: 99
Merit: 0
Hi everyone! Just added the Entry Money ICO to my website   https://findico.io/ico/metabase-meta   Findico.io is a leading cryptocurrency and ICOs portal. Whether you are already involved with ICO or other cryptocurrencies or just want to get into it, Findico.io is a resource to keep updated. ICO rating platform supported by investors and financial experts and users. Findico.io mission is to make it easy for users to find the best ICOs to join. We strive to provide useful and transparent information on ICOs, helping users find projects that have a great potential for success. We also offer a whitelabel platform for ICO projects (Wallet, tokensale system, smart contract, audit and etc) to present themselves to potential users. We have steadily increased the quantity and the quality of information required from ICO projects and we will continue to do so to help this new industry flourish.

Nice! Thanks for sharing! Go to https://metabase.network/ for more info about our project and join our telegram group: https://t.me/metabasenetwork
newbie
Activity: 99
Merit: 0
Our Token Sale Economics paper is out! Check it out here: http://token.metabase.network/

Join our telegram group to get our latest updates: https://t.me/metabasenetwork

For more info about Metabase and our upcoming ICO go to the website: https://metabase.network/
newbie
Activity: 1
Merit: 0
which world's greatest challenge you want to conquer requires a new Criptocurency program,
will it be better or will trigger multiple disputes because they have different innovations

Good question. I would ask you what could be done with a protocol that is infinitely scalable while maintaining decentralization, a protocol that is secure and most importantly super easy to use for anyone...This is metabase. I envision using the tech to tackle poverty, to tackle healthcare, to provide real regulatory innovation for emerging democracies...i could go on and on. 

btw I am Zach a co-founder of Intrepid Ventures
jr. member
Activity: 238
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which world's greatest challenge you want to conquer requires a new Criptocurency program,
will it be better or will trigger multiple disputes because they have different innovations
newbie
Activity: 99
Merit: 0
As we gear up to launch Metabase, our very own blockchain platform, we thought it a good time give you some insight into what drives our growing company and how we plan to change the game in 2018 and beyond.

Intrepid Ventures is a Blockchain startup studio that designs and builds new companies and decentralized platforms. We are driven to build cool things that matter and are committed to overcoming the technical, design and usability barriers that stand in the way unprecedented change.

Come change the game with us: http://intrepid.ventures/

Many of you may have attended one of our events or joined our global blockchain startup groups. For those that don’t know us, we encourage you to get involved in the fast-growing Intrepid ecosystem. We have a lot going on, so feel free to get to know us through one of our projects, communities or publications.

Metabase
We’re building a new blockchain platform and community that helps entrepreneurs, founders and developers build, grow, and monetize their decentralized applications.
Find out more about Metabase blockchain and join the Metabase ICO pre-sale: https://metabase.network/
For all the tech, check out our Technical Whitepaper: https://whitepaper.metabase.network/

Telegram
Join Metabase on Telegram. We talk about blockchain protocol innovations and scaling decentralized applications into the disruptive businesses that will change the game. Join now!
https://t.me/joinchat/DMaqew969zUE5Qu5MuOpeg

Reddit
The front page to the Intrepid Ventures [Suspicious link removed]munity. Keep up to date on news and events and analysis of everything blockchain and crypto with members for the IV team. Subscribe now! https://www.reddit.com/user/intrepid-ventures

Messenger
Get the latest news and insights on Initial Coin Offerings, the blockchain industry and gain early access to special content and projects from the Intrepid Ventures team. Learn more: https://www.messenger.com/t/weareintrepidventures

Blockchain Startups
Join our fast-growing community of founders, developers, investors, and enthusiasts in the blockchain and crypto field. Blockchain Startups is a global cryptocurrency and blockchain startup community. Connecting founders and developers through engaging live events and insightful online experiences.
We inspire you to master blockchain technology and help develop leaders in communities around the world. Register now for unrivaled live events in your city at Blockchain Startups! http://blockchainstartups.global/

TokenDeck
TokenDeck is an ICO coin offering solution that makes crowdfunding your business simple and easy. We help you launch a safe and compliant Initial Coin Offerings customizable to your needs. Take a look at our Token Deck solution and contact us for any further information:https://tokendeck.io/

Blockchain Review
Get curated insights from industry insiders on cryptocurrency and blockchain technology, and how it’s impacting business and society. We provide simple and easy to understand advice for founders, developers, and investors, on how to startup, grow, and succeed in a changing world shaped by emerging technology and innovation.
https://blockchainreview.io/
Sign up for our weekly newsletter! http://intrepidreport.blockchainreview.io/

How does the Blockchain Work — Micro-site
Be sure to also check out our new microsite which provides a clear, non-technical guide to understanding blockchain technology. If you want to know what blockchain technology is, how it works, and it’s potential impacts on business and society, without all the technical lingo, this site is for you!
https://howdoestheblockchainwork.io/
newbie
Activity: 99
Merit: 0
Appreciate all the questions guys! Let me try and answer them in one post.

In order to serve the next generation of blockchain applications, Metabase has re-envisioned and re-designed core aspects of a blockchain platform - especially
  • A new design for the blockchain data structure
  • An innovative dual currency monetary policy
  • A virtual machine featuring Smart OpCodes

The redesigned aspects are so fundamental that it’s structurally (if not logistically) hard to incorporate them into existing blockchain platforms.

Hence, Metabase will be a new blockchain platform designed from the ground-up with these core features to serve the next generation of blockchain applications.

Yes, very smart people have been working on the likes of Bitcoin, Ethereum, Neo etc. for a long time to solve these issues. The key difference is that they are limited by the initial design and structure of their platforms. We’re using their experiences and learnings to come up with a new platform that overcomes these limitations.

For example, Bitcoin limits the maximum block size, Ethereum limits the total amount of gas in a block. And because the number of users and transactions have skyrocketed, these first-generation platforms are facing major scalability issues.

With Metabase,
  • we feature a new scalable design for the blockchain and
  • a system that makes the necessary changes to increase its transaction throughput automatically when its limits are reached


By splitting the blockchain into multiple sub-chains and facilitating a parallel mining mechanism (i.e. the creation of multiple blocks at the same time), Metabase will adapt and scale its transaction processing capacity as adoption increases.

We will use a hybrid consensus (delegated Proof-of-Stake and Proof-of-Work) in Metabase and we are very excited about the “SmartOpcode” concept that we are introducing for application development.

You can read more technical details about this in the ‘Protocol’ section of our whitepaper here: https://whitepaper.metabase.network/5/

The blockchain ecosystem is in such a nascent stage and the scaling problem so recent that we believe innovative thinking, thought clarity, and understanding the blockchain ecosystem are more relevant than “scaling experience”.

We believe the whitepaper: https://whitepaper.metabase.network/ (and the deep dives coming soon) are a reflection of those skills.

Additionally, feel free to check out the profiles of the authors:

Harsh Patel: https://www.linkedin.com/in/harshpatel54/
Ankit Malik: https://www.linkedin.com/in/ankitmalik1/
Kazım Rıfat Özyılmaz: http://www.linkedin.com/in/kazimozyilmaz

You can also check out the rest of the team here: https://metabase.network/team/

To clarify your question about US investors, we are not taking investments. We have a tiered system that allows individuals and institutions to support metabase by pre-ordering tokens. We’ll share more details about this in the Metabase Token Sale Economics document which we’ll publish next week.
newbie
Activity: 112
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I read the information above and it looks like a comprehensive project, I hope to invest it a little bit. A lot of potential is here for these project
hero member
Activity: 1414
Merit: 505
Backed.Finance
Well, good to know more platform projects are coming. This way, there is something like a competition on technology how they solve a certain problems and build applications unto it. BTW what is the codebase of this platform?  what algorithm is being used here?
jr. member
Activity: 33
Merit: 3
So how will you solve the limitations in scalability, usability & accessibility better than bitcoin, ethereum, neo etc?

These teams have been working on those projects for years.

Why do you suppose your team can do a better job?

Who in your team has the experience of scaling up blockchain transaction amounts per second?

How do you plan to create a blockchain that allows 45000 transactions per seconds (as stated in your whitepaper to be able to compete with VISA?

Do you accept US investors?
full member
Activity: 322
Merit: 100
The All-in-One Cryptocurrency Exchange
what a reason to create another one cryptocurrency, when you create platform to new business-model, and more comfortable use existing currencies?
newbie
Activity: 99
Merit: 0
Introducing Metabase: A High-Performance and Smart OpCodes Blockchain Platform for Next-Generation Businesses

Blockchain technology, cryptocurrency, and decentralized systems have promised to unlock new sources of value and create a near frictionless global economy. We all know that, but how is the question, and who are the people that have access to participate in its innovation and evolution?

Limitations in scalability, usability & accessibility are preventing the widespread adoption of Blockchain technology, and we decided that we would take on this challenge.

We’re building Metabase, a scalable blockchain platform and new cryptocurrency to help solve some of the world’s biggest challenges, by accessing the untapped ingenuity of innovators around the world.

We don’t have all the answers, but we’re betting that if we give other people the tools. People here like you, that collectively, and from unknown places, we can overcome our world’s challenges, and invent things that are at present time, unimaginable.

Metabase is a scalable and modular blockchain platform for building next-generation businesses.

A multidimensional blockchain system focused on developer usability, extensibility, scale, and security.

We’ve created a blockchain infrastructure designed to empower developers, entrepreneurs, and industry, to easily create advanced distributed applications at scale.

Find out about our motivations & approach visit the Metabase website: https://metabase.network/

For all the tech, check out our the Metabase Whitepaper: https://whitepaper.metabase.network/


KEY DATES

Pre-Sale 2: July 10, 2018
Pre-Sale 2 End: August 17, 2018
  
Main Sale: September 4, 2018
Main Sale End: November 2nd, 2018


OVERVIEW


TECHNICAL IN-DEPTH DOCS

VIDEO

BLOG

COMMUNITY
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