Blockchain trilemma solution. Decentralization
As we said earlier, preventing network resources accumulation in one hand is one of the pillars of any blockchain project and an important component of the well-known trilemma of security, scalability and decentralization.
Some blockchain networks solve the speed problem by reducing the number of nodes, starting from 20 to 60 nodes. This, of course, helps to speed up the synchronization process, but this solution also has a downside — a negative impact on decentralization. That’s why #MetaHash took a different path, using testers and a tree-like network structure not to limit the number of nodes or make the blockchain closed, but to maintain a high level of decentralization and scalability.
In other words, the creators of the #MetaHash network turned that around: we did not create equal nodes, but, on the contrary, introduced four main roles. It looks like this: in #MetaGate (playing the role of a Proxy node), a built-in client send transactions to Peer nodes — these nodes carry a load of a long connection with the client, thus protecting the network from slow communication channels. They complete transactions, convert them to binary form and transfer to verificators, which in practice becomes a network layer protecting from incorrect and intracontinental transactions. As a result, while transactions reach a delay cluster around the world, in #MetaHash they are already transferred to the network cores, synchronized, packaged in blocks and transferred to Torrent nodes, which, in turn, are distributing transactions throughout the network. This is done to give a chance to all users to access Torrent nodes, see their balance and the number of transactions, download and verify an entire signed block or Noda archives when it’s needed.
So, we told you about building a secure, scalable and decentralized blockchain. In general, the industry is developing very actively: there are already several companies with a fairly strong blockchain, which, we think, will be actively used in the coming years. But for now, we offer the market a solution taking into account all aspects of blockchain trilemma — the #MetaHash solution.
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We are expanding the pool of partners: now exchanges could list our token themselves. Here is a link to the guide — https://metahash.org/for_exchanges
