Hello friends!
Today we are going to talk about another great pillar of the METAHASH ecosystem
A large, almost blank universe to be written in this wonderful ecosystem.
Hope you like it
Enjoy...
Metahash.org
#MetaApps
Decentralized cloud for real-time applications
High speed, decentralization and the ability to handle high loads shape the new, decentralized internet
With #MetaHash, any program written in any programming language under any operating system can become a decentralized app and work with both data from the internet and data from any blockchain system.
#MetaApps run in real time as regular websites and services, but they are decentralized and even their creator cannot change their behavior unless their users or owners of their digital assets (tokens) cast their votes.
#MetaApps is an evolution of smart contracts and can be used to decentralize any service. These are independent programs that can exist forever and do not belong to anyone. They work exactly as programmed and cannot be tampered with by third parties.
Any developer can create a #MetaApp from code in any language
Program and operation systems image uploads onto the network
and starts automatically on numerous computers.
Are created in any programming language including C++, PHP, Solidity and others. Compatible with any OS.
Full support of smart contract functionality. #MetaApps can work
with any blockchain or just with data from the internet.
Ready-made modules for applications
The #MetaHash network will include an array of decentralized modules to accelerate the development of new projects.
For example, creators of each project will be able to use the existing #MetaChains service instead of creating their own Bitcoin or Ethereum parsing scripts. Projects requiring a decentralized database will be able to use #MetaDataBase. The basic functions of the protocol support the creation of #MetaTokens and data networks protected by the basic consensus of the #MetaHash network.
#MetaApps As fast as regular web services and applications. Can look like ordinary applications or webpages No one can change the application's ehavior by bypassing the update rules Run in real-time mode GUI Work exactly as programmed
Self-financing Applications
The number of computers running a copy of a #MetaApp depends on the amount of #MetaHashCoins generated per day as well as its resource consumption. Anyone can top up the account from which #MHC will be debited. Alternatively, a certain percentage of an app's income may be transferred to its account.
Any app developer can program an application to use a certain share of its revenue to support its work in the network and keep the rest of the revenue to finance further app development. In this model, the team that develops an application can be selected by the users of the project by general voting. The issues of marketing and the need for other services can be addressed collectively, too.
Following the logic described above, we can create a social network that:
Is controlled by general voting of #MHC holders and the project's
active users;
Encrypts data and user messages, so no one has access to them;
Is self-financed.
Here is an example of a decentralized self-financed social network based on the #MetaHash platform:
The Project Team launches a ICO Round A to finance the development of the project;
The finished code of various project nodes is uploaded into the #MetaHash network and these nodes' wallets receive funds. The nodes' code is automatically deployed in #MetaHash;
Users' publications are encrypted and stored in the #MetaHash data network. They can only be decrypted by users who are "added as friends" and therefore allowed to see updates. Thus, only those who are on the user's list will be able to get the key to decrypt and read current and past updates published by this user. Private messages are encrypted with end-to-end encryption and are only available to their recipients, despite the fact that they are stored publicly;
After the ICO, the project is financed through ad sales carried out in #MetaHashCoins or through the "Disable ads" user function. The team supporting the project as well as the project's Marketing Team get paid in #MHC while a certain amount of #MHC is exchanged through the automatic decentralized exchange service and credited to the wallets of the project's nodes.
Please note that the described example is just a concept.
The implication of such a project would require detailed planning, which cannot be done within the framework of this White Paper
Applications developed by the #MetaHash Team
#MetaChains
Decentralized parsers of all popular blockchain platforms.
In order for #MetaApps to immediately respond to events in any blockchain system, we will release decentralized parsers allowing the use of API to get balance info and transaction history from wallets across various blockchain platforms.
This will allow applications to respond to different blockchain events and verify data accuracy by sending queries to network nodes.
#MetaToken
The app's features include:
Automatic tokenization of #MHC into ERC20 digital assets and
others;
Conversion of any digital assets into #MHC;
Transferring digital assets between #MetaHash, blockchain and Ethereum wallets
Tokenization of digital assets:
Using the data provided by the #MetaChains app and taking advantage of the protected and automated decentralized data storage service, the user can convert any blockchain network's token into #MHC and use it in the #MetaHash network. If required, the asset can be automatically converted back and transferred to its original blockchain network. This way, any digital asset (token) can be turned into a #MetaToken and used in the #MetaHash network.
The protected and automated decentralized data storage service will be created under the supervision of #MetaHash Company, but financed from data storage fees. They will not belong to the #MetaHash Company.
#MetaStorage
Decentralized data storage service allows you to work with public encrypted data stored in the #MetaHash network, as well as with individual data nodes that are funded by an application using this data.
#MetaICO
The application allows the release of #MetaHashCoins through the #MetaToken interface without knowledge of any programming language, using a combination of settings.
In addition to simplifying the process of creating #MHC, it is very important to support the protocol and create a comprehensive protection environment against hackers by code verification on multiple applications.
At the moment, all ICOs are held using smart contracts. Creating, executing and understanding their results would require extensive knowledge of programming. #MetaICO offers a new ICO model. Absolutely anyone will have an opportunity to hold an ICO using tools similar to smart contracts. The tools offered by #MetaICO will be simple enough to be used by people who don't have any significant programming skills.
#MetaICO will accept any cryptocurrency using the data received from the #MetaChains app and convert the #MetaHashCoins into Ethereum tokens and other ERC20 tokens of other networks.
#MetaICO application will allow any ICO porticipant to use their digital assets (tokens) in any network, not just the #MetaHash network, facilitating the storage of various projects' digital assets (tokens) and providing connection to various token exchanges
Censorship in #MetaApps
Although the idea of applications that cannot be blocked or deleted sounds wonderful, we must not forget that some people would want to use the system to harm others.
We believe that we have to apply censorship, but it is not for individual people to decide how this will be manifest, but rather for the whole #MetaHash community. This will be done through open voting.
When defining content placement rules, the #MetaHash community will always take into account all applicable laws
Blocking an application
- The open voting procedure is initiated if 10,000,000 voting coins have been accumulated in favor of blocking an application. The voting takes a month.
- If an application gets 100,000,000 voting coins, the voting period is reduced to one week.
- If an application gets 500,000,000 voting coins, the voting period is reduced to 24 hours.
As a protective measure against numerous malicious applications, a deposit sufficient for three months of hosting the application (not less than
10,000 #MHC) will be required in order to upload an application. This figure may be changed by a general vote. If an application is blocked, the remaining deposit is frozen.
If 67% of votes in favor of blocking the application are gathered by the end of the voting period, it is blocked.
The application owner can file an appeal, unblock the application and return the deposit. The appeal is subject to the same rules as blocking and is successful if 67% of votes are cast in favor of unblocking the application by the end of the voting period. A second appeal can be filed one month after the first one. The appellant may offer a modified version of the application, eliminating the reasons that made the community members decide against it.
#MetaGate
Gateway to Decentralized Internet
#MetaGate is not just another cryptocurrency wallet and browser for decentralized applications. It is a gateway to the decentralized internet which exists in parallel with the usual internet but follows its own rules. It cannot be modified or blocked. It is everywhere and nowhere at the same time. It belongs to no one and everyone
With all the technical complexity, #MetaGate is much easier for the user than the usual cryptocurrencies. All the necessary elements that provide network security function in the background, leaving the end user with a concise and clear interface.
#MetaGate is an open-source program, so all developers can embed parts of its code into their applications and browsers
#MetaGate consists of:
A multi-asset wallet that supports "light mode" without downloading the entire blockchain. Data comes from different sources of the decentralized network and is checked by the user. Of course, the wallet can work in "full node" mode or by selecting trusted nodes that have a copy of the #MetaChains application. (Private keys from all blockchains used will be stored only by the user.) The wallet which can be built from the source code in order to ensure the source code is validated by the community and that the wallet does in fact belong to the user.
A catalogue of decentralized applications and a browser to work with them. Any decentralized application built on #MetaHash can be accessed, not only through the standard internet domain, but also via #MetaGate or it can be allocated to a separate program.
Source - Metahash.org
In our next article, we'll talk about another big pillar of the Metahash ecosystem.
#MetahashCoin
You can review the articles already published on Metahash below:
https://www.publish0x.com/metahash/metahash-xnqmljx
https://www.publish0x.com/metahash/metahash-meet-tracechain-xkyooko
https://www.publish0x.com/metahash/metahash-meet-tracechain-2-xdnoqgo
