One of the issues that is often discussed in the context of adoption of blockchain and crypto technology is the lack of platforms that are both useful and ready for users to get involved with. Many blockchain companies have long roadmaps and far out development goals, and it is certain that the market landscape will have shifted by the time many of these companies actually launch their product. On top of this, there is a distinct lack of customer-centric design that solves real-world solutions in an accessible way for the end user.
Please Note: This is a Press Release
Lately, more ICOs have proposed to tackle tangible customer needs. In a way, this is a focus back on the “lean startup” principles used in the rest of the tech industry. In other words, if your platform and solution aren’t easy and useful for the consumer, you stand a good chance of failing.
#Metahash is one such project that purports to address usability and convenience for both Decentralized Application (DApp) developers and their end-users. It is a platform that allows for what they consider superior functionality and performance as a digital exchange and DApp platform. Several properties of the network, which has been undergoing load testing for a number of months with success and launching of its MainNet, are hoped to provide a superior usability experience for all involved in the future of blockchain.
For DApp developers and superior transaction speed
Part of the core value proposition for third-party developers is the superior processing speed the network has demonstrated in testing. The team have demonstrated the ability to process transactions at a speed of no more than 3 seconds per transaction and a capacity of billions of transactions a day, thanks to the MultiPOS consensus mechanism they use. For third-party developers, this drastically widens the potential range of applications which will satisfy customer needs.
For participants who want to invest in the network
Instead of mining, #MetaHash uses forging which is comparatively less resource intensive and more importantly requires far less setup time and hardware. Participants can get returns from forging on the #MetaHash network even with a smartphone.
For end users, better DApps
As explained in their white paper, #MetaHash target usability as a key driven of the ecosystem:
“#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.”
With usability as one of the key obstacles to cryptocurrency adoption, #MetaHash hopes their platform can transcend this major obstacle.
Future is almost here
Along with the MainNet launch, #MetaHash has started the main sale of its #MHC token, which began on 12:00 UTC, 29th of June.