Although there is no single metaverse concept, current propositions have one thing in common. That is, they rely on blockchain's ledger technology as their foundation. With the blockchain, the metaverse can exist without a formal owner, allowing each participant to shape the realities of a digital realm. While the peer-to-peer network makes sense in theory, the current trilemma presents a hurdle that must be overcome to make the metaverse a reality.
In the blockchain trilemma, the third and often missing component to a decentralized future is scalability, which without it, results in slow transaction speeds and reduced throughput, each of which is essential to future growth and adoption of the technology.
Aiming to address this barrier to metaverse creation is #MetaHash. #MetaHash is a next-generation network that exists on blockchain 4.0. With this technology, users can access a platform for sharing digital assets and managing decentralized apps (DApps). But, perhaps more crucial to the longevity of the network is its ability to operate independent sub-chains, which are protected by the network. Sub-chains present a cost-effective solution to running what is known as a #MetaApp, by ensuring the main network is never faced with overload.
"Metahash is indeed one of the most technologically advanced solutions on the market. With a solid investment poured into the system, we will speed up the product development, popularize staking and even foster MHC's mass adoption," the founder and CEO of the project's partner, aStake.io Dmitrii Danilenko, shares in response to this network's capabilities.
With this partnership, aStake and #MetaHash aim to provide automated staking solutions for those without a technical background. Before
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