KEYS TO WATCH
- MetaHash has just announced the completion of its decentralization process.
- It further plans on releasing many more tools to aid crypto projects.
- Soon they will release a voting feature to get feedback from users on updates.
MetaHash has just reported the fulfilment of its decentralization procedures. With this, the platform is firm to become a head application management body.
It further aims on releasing tools for DeFi, DEX, NFT, and other series of digital asset projects.
Expectations to MetaHash
According to MetaHash, it will apply an ultra-high-speed and extra-low commission. Hence, these tools will support the project and launch an effective, and hitech facility for crypto enthusiasts, developers, and startups.
Debuted in 2018, MetaHash has gone through the release of peer, torrent, verifying, and center nodes. Now, it will become the first-ever completely decentralized distributed network on the market.
At the moment, the project goes with over two hundred fifty fully owned and community-operated junctions. The present speed limit exceeds 160,000 tps while the commissions are many times lower than in any other blockchain.
These equipment will include apps, interfaces, and integration solutions. They are planning to make finance and asset making in crypto available to many more people. To do this, they will use simple and yet an out-of-the-box perspective.
Thus, smart coins will get its own user interface. This will allow anyone to create and set up a token, and automatically upload it to the system without any programming. On the other hand, non-fungible tokens (NFT) will get a committed app for extra-simple use.
The network will be having its own decentralized and zero transaction fee exchange. This will serve as an example of how fast and secure DEXs can be if made on MetaHash with its native tools.
Besides, an open-source integration with third-party DEX and DeFi systems will be added.
Aside from releasing these add ons by the end of the year, in the coming months. The team will release Voting. This will serve as the last element of the initially announced roadmap and the key factor of a self-governed ecosystem of MetaHash.
Though the project’s team will be having ongoing support and releasing major updates. With Voting in place any token holder will be able to initiate ideas and/or vote on any new update of the code. Thus, making the network more reliable and reacting to the market’s demands.
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