AMA RECAP OF METAHASH HELD ON 31/08/2021
We held a live telegram ama session with METAHASH in our official telegram channel on 31st August ,2021 and here is a recap for the same in case you miss the live ama session
Hello @ngleb i welcome you on behalf of whole community for an ama session with Dappcentre Official
Guest :- Thank you, for inviting
Well it's our pleasure to have you amongst us so are you ready to start the ama session with usual custom of introductory questions???
Guest:- I am ready
Segment 1 – Host questions
Q1 Please introduce yourself and your team to our community and tell your crypto story
Guest :- MetaHash was created because we wanted a chain that could solve this tasks:
1. Cost effective and almost instant payments to thousands of users of any project. That allowed us to make staking rewards that are distributed across all delegates and not just have one winner per block as an example.
2. Create oracles inside the chain to become a cross-chain bridge and allow other tokens and coins flow in and out. The base of this will be completed till the end of this year.
3. Create a chain that is fast enough to be a backbone for a very fast dex. An example DEX will be launched early 2022.
4. d-apps that can operate in real-time after this MetaHash will start becoming what it was planned to be from the very beginning.
Q2 What is Metahash all about explain it along with usecases and Vision
Guest :- Validation finality of 99.9% transactions under 3 seconds. Extremely low commissions due to low hardware costs and high throughput. As the blockchain space grows this 2 paraneters will become more and more important and projects will high requirements will see MetaHash as the best choice and such projects will appear in nearest feauture. We are getting them the backbone ready.
Q3 Metahash has plans to launch nfts what all to expect from it and some insights you can give?
Guest :- We do have some unusual use cases planned like content visible only for current nft owner and of course bridges to other chains and markets so the creator of and NFT looses nothing when choosing to publish on metahash and gets all included
Q4 Can you give a comparison with other blockchain in terms of gas fee and speed especially with Solana or tomo as they are considered the cheapest??
Guest :- MetaHash had now no fees but the planned fees will be the lowest on the market. Due to high throughput it will still be attractive to node operators. In terms of speed I haven't seen a chain with under 3 seconds finality like we have in fully decentraluzed mode.
Q5 Will tokens be released long before the dex or bridge tools or will they all come at the same time... tokens that cannot be swapped or bridged to Eth wont have the same utility.Also Will the bridge extend to BSC eventually??
Guest :- Tokens will be released first, but bridges very near to that. Eth/btc bridges first, bsc and other next. DEX early 2022
Segment 2 – Twitter questions
Q1 Can you point to a feature that you like best on the platform so that it can compete with other competitors? What are you most confident about about your background? Do you have a plan to get users to choose your platform?
Guest :- We have clear competitive advantages for a lot of use cases. We'll just work on polishing the eco system and we'll surely be one of the top picks for any project with high demand to speed, throughout and cost-effectivnes. Only these 3 combined make the appearance of big and sucessfull projects possible.
Q2 My questions what are the advantages offered to developers and what all additional assistance are offered to them?? What are your plans for launching voting
Guest :- I have already described the advantages. If the project seems interesting to us I am ready to personally help it launch on MetaHash. Voting is ready and will be launched in the coming weeks.
Segment 3 – Community questions
Q1 Hello there boss from #METAHASH with poliety! I'm exicting much about your project group telegram https://t.me/MHCAsia, there very full infos! Please tell me your answer so i have two questions here!
1. Why did you create #METAHASH and which reason honestly?
2. What do you plan in the future when sucessfull all in your project?
Guest :- Because I wanted very much a fast DEX to exist.
In future I hope the project will become fully independant from me and will live it's life through the voting system that we have created.
There will always be some project team that is now coded in MetaHash core that will be selected by voting.
Q2 Most users only care about immediate benefits rather than the real value of the project in the long-term. How can Your Project convince users invest to your platform in the long-term?
Guest :- We don't try to convince anybody. We continue working on the project and at some point the market will appreciate that.
Q3 What #themetahash revenue model? In which ways do you generate revenue/profit?So many projects just like to speak about the "long term vision and mission" but what are your short terms objectives? What are you focusing right now?
Guest :- MetaHash is a non-profit project. The commissions from node-operation and delegetions go to node operators and delegators including MetaHash foundation. The funds of MetaHash are controlled by the team selected by voting and used for the benefit of all comunity. "Profit" for coin owners are the commissions that will appear with tokens and dex that will be distributed to coin delegators and node operators.
Best and kindest regards!
