Technological progress is not static, it accelerates every day. That is why it’s so important to anticipate the progress of the project and share future plans with its participants. The #MetaHash team is glad to bring you into the further development of our network, in particular, into the prospects of forging.
As you probably already know from our White Paper, 30% of #MetaHashCoins will be distributed among the Founders, participants of Private round, A and B rounds of ICO and participants of Bitcoin & Ethereum fork. The remaining 70% of coins do not exist at the time of the ICO, they will be emitted later. The lion’s share of this part (50%!) is coins that will be provided with forging. That will allow everyone who wants to join the process to get his part.
How the awards for the forging will be distributed, you already know from our previous posts. But what needs to be done to get these rewards? There are several options for it. If you own a sufficiently large amount of #MHC, it will be most profitable to buy a rather expensive and powerful server to pretend to the role of Master or Slave-node. The core of the network will pass through all the commissions, and their owner will receive a 100% commission for all coins downloaded to this node. If the number of resources and available #MHC are less, you can rent a so-called virtual server. While transactions on the network will be few, such computers will be able to confirm 100% of them. But as the network bandwidth increases, they will miss power and will not receive more commissions than the percentage of transactions they process. But the easiest way to forge #MHC is ridiculously simple. You just need to activate the wallet, to have only 100 # MHC on it and after you can get 10% of the awards for forging, which are distributed between wallets according to the mathematical formula described in White Paper.
As you can see, all depends on the role you want in the network and on the sum you want to earn. In addition, a new functional will be available for each member later, which will allow you to forge on mobile phones and tablets. Forging will be possible when the phone connected to the high-speed Internet is turned on and when the special application #MetaHash is running.
#MetaHash provides everything that a modern blockchain user needs — transparency, safety, accessibility and the chance to participate and get profit without serious programming skills.
Isn’t it amazing? ;)
