Network basics: Types of Transaction in #MetaHash

#MetaHash
#MetaHash
Published in
2 min readAug 5, 2019

--

Friends, please note that after releasing a new role — Infrastructure Torrent Node — in Mainnet, the technical transaction display was changed: now it is not visible in the delegated coins. Thereby, we want to remind you about other types of transactions in the #MetaHash system.

Our #TraceChain protocol supports financial, technical, and data transactions. All types of transactions are stored in different chains — it helps to optimize the stored data and prevents the overload of the financial transactions chain with technical data.

  • Technical transactions are used for delegation, cooperative delegation for combination into forging pools, voting, and validation, control of child addresses and special-use addresses;
  • Data transactions allow data storage and execute such applications as messenger, gambling and others;
  • Financial transactions support transfer of money between the addresses.

#MetaHash uses different approaches to the formation of addresses, depending on whether anonymity is required or several signatures are needed to complete the transaction or there is a need to freeze assets, etc. Based on these factors, the following types of addresses are distinguished: Special-use address, Multisignature address, Frozen address, and Child address.

Learn more about transactions, types of addresses and ways of its generation in Yellow Paper (pages 32–34) and do not hesitate to ask questions in our Telegram chat!

— — — — — — — — — — — — — — — — — — — — — — — — — —

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

Our website
#MetaGate
Telegram
Twitter

Reddit

--

--