MetaHash coin is the native cryptocurrency of the MetaHash blockchain. Although the coin was launched in 2018, it is still relatively unknown in the crypto community. This is mostly because of the poor marketing efforts of the MetaHash company. However, the technology has been noted to be quite useful, especially since the coins can be transferred in less than 3 seconds.
A Bit About MetaHash
MetaHash coin was developed in 2018 by Gleb Nikitin. The coin is transferred over blockchain 4.0 technology, so you can expect the transfers to be extremely secure and fast. Since the blockchain is highly decentralized, the coin can be used in a trustless environment. The company backing the coin also aims at lowering the environmental impact of crypto, and that is why it uses a hybrid voting model for proof of work and proof of stake components.
MetaHash is the native PoS coin of the superfast MetaHash blockchain, with over 100 000 transactions per second.CryptoLists.com
MetaHash coin is known for its high transaction speeds. Its network can achieve up to 100,000 transactions per second, and each payment is confirmed within three seconds. The coins are mined in a process known as forging, and 50% of the rewards for forging are distributed among the holders of the cryptocurrency. You can forge the coin on any PC or even smartphone.
Utility of MetaHash?
MetaHash coin is meant to be used for everyday payments as it has zero to negligible transaction fees. The token has a confirmation period of up to three seconds, which is almost instant. This further makes it ideal for regular payments. You can also stake your coins in order to earn interest on your holdings. The company also allows people to use their MetaHash coins to add a public address or list apps in the MetaHashApps directory. Another purpose of the altcoin is to purchase ads in the MetaHashGate ad network.
MetaHash Price details
›› MHC tokenomics and social media
Advantages of MetaHash+ MetaHash transactions are processed extremely quickly.
+ You can stake the coins to earn interest.
+ The MHC coin is backed by a super strong team.
+ It has a hard cap of 9.2 billion coins.
+ You can send the coins without paying transaction fees.
Disadvantages- MetaHash marketing team is lagging behind.
- There is heavy competition from similar cryptocurrencies.
- The MetaHash project is still under development.
Costs▪ Rated at 10/10
MetaHash prides itself in having some of the lowest transaction fees. The transaction costs have gone down to zero, but increased network usage can lead to the application of some fees. In comparison, the average transfer fee for Ethereum is $15, and the fee for Bitcoin is about $23.
Reputation and Buzz▪ Reputation rated at 9/10
▪ Buzz rated at 9/10
As noted earlier, this cryptocurrency doesn’t have the best marketing team. That means it is yet to gain a following in the mainstream crypto community. It is important to note that many crypto platforms and exchanges do not support this altcoin, and this can hurt its reputation. On Twitter, the cryptocurrency has about 9800 followers. Compared to other altcoins, MHC doesn’t attract a lot of discussions online. A great alternative to MetaHash coin is Solana.
Can I mine MetaHash coin?
The mining process of this cryptocurrency is known as forging, and it can be done at any time with a PC or smartphone. You should note that 50% of the forging rewards will be distributed to the holders of the cryptocurrency.
Is MetaHash coin a legitimate cryptocurrency?
Yes, this cryptocurrency is legitimate as its parent company is registered by the Swiss government. However, this does not mean that its price will go up. The value of MHC depends on its adoption by the crypto community.
What is the maximum supply of MetaHash coin?
The supply of MetaHash coins is capped at 9.2 billion coins, and all coins are set to be mined within 10 years. With a hard cap on its supply, the chances of the coin experiencing extreme deflation are minimized.
Will MetaHash coin ever get to the top 10 cryptocurrencies?
Although this project is promising, it is highly unlikely that it will ever rise to the top 10 cryptocurrencies by market cap. This is because it has a poor marketing team, and coins like Solana already offer fast and cheap transactions.
Which crypto exchanges support MetaHash coin?
This cryptocurrency is not supported by major crypto exchanges, but you can trade it on platforms like KuCoin, BitForex, and CEX.IO. You can also use decentralized exchanges to buy and sell the altcoin.