As you all already know, #Metahash has officially become the first truly decentralized network. It’s not just about the node distribution around the world — what’s more important, decentralization gives up new possibilities for the community.
Very soon everyone of you will be able to change the network as you’d like. Increase or decrease emissions? Extend the forging for another 20 years? Change the roles functionality? There are no limits! You can write your own code and present it right now.
During the third quarter of 2021 we will release a handy interface where everyone can submit “the code of changes”, and decisions are made by general vote of coin owners. Also we’ll prepare detailed instructions to make the voting process as convenient and transparent as possible.
This will be an important new step in the network path. The absence of a single decision-making center allow #Metahash to meet the true needs of users, follow the dynamic development and significantly speed up the process of new software adopting.
For the convenience of node operators we also plan to release an update to automatically upgrade nodes to the latest software, confirmed by a majority. It means, if one or another update is approved by сommon voting, it becomes obligatory for all. Nodes that do not comply with it will be excluded from the network until they are updated. By the way, this will be one of the first network changes accepted (or not) by user voting!
The combination of these two approaches is the key to the timely addition of functionality needed by the community. Most importantly, soon the network will not depend only on the creators’ team — the key decisions will go to the coin owners.
Introducing the voting is the logical step in the network development. You can learn more from the updated roadmap, and we will define each important step separately. For example, next time we’ll talk about smart tokens.
Stay tuned!
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