#MetaHash Update Report (Feb 18— Mar 01, 2019)
Dear #MetaHash community members!
As usual, here is a list of the latest updates:
- The current price for the MHC is displayed in the wallet (corresponds to the price on CoinMarketCap);
- An update 1.18.1 was released, which contains internal improvements of MetaGate, reducing traffic consumption;
- The system of trust to the servers is functioning now;
Trust
This is the trust of the system to the node, at the moment the trust is a value depending on the time of work. In the future, the trust should exclude malicious servers from the network.
Description of the work mechanics:
Each node obtains a Trust factor between 0.01 and 1. Trust is increased by 0.005 units every 24 hours during reward calculation when all transactions are validated correctly, and decreased by 0.05 in case of network degradation or by 0.5 in case of incorrect validation of a transaction immediately after detection.
Achieving a Trust value of 1 requires 198 days.
At the moment, trust does not affect the reward. This will be implemented in future updates.
4. Now #MetaHash network nodes are tested by several testers, which improves network reliability.
