The First Cryptocurrency based on Hyperledger fabric

Hyperledger Based Mainnet - Metacoin

Metacoin is the Coin with a mainnet utilizing a hyperledger fabric.

The Metacon team supports Meta Token ICOs of potential business models and expands services that can actually be run.

Metacon is listed on the Withbit for the funding of Token business.

The MTC ICO Members can move MTC to the Exchange as soon as the lockup is released.

Hyperledger Fabric

Hyperledger is a private block chain centered around IBM and the Linux Foundation. The Metacoin is the First cryptocurrency to use Hyperledger fabrics.

Stated Nodes

Metacoin boasts the best TPS performance. MTC's stated nodes offer faster transaction speeds and lower costs than POS / POW proof methods.

Key Currency

MTC is the key currency of Own exchange. Withbit offers MTC Market trading fee discount benefits, And supports air drop of MTC tokens.

Roadmap

The Metacoin team possesses the technical ability to follow the relatively short roadmap.

FAQ

Hyperledger is an umbrella project of open source blockchains and related tools, started in December 2015 by the Linux Foundation, to support the collaborative development of blockchain-based distributed ledgers. It is a global collaboration that includes leaders in finance, banking, IoT, supply chains, manufacturing and technology with names like IBM and Intel. It can be described as a database like MySQL or Oracle but also with chaincode which is similar to smart contracts.

Hyperledger is similar to Bitcoin in a sense that both are secure and transparent. However, Hyperledger supports chaincode which acts as smart contracts unlike Bitcoin.

Yes, Hyperledger is more of a database in a sense that it stores data in blockchain format.

Hyperledger is an open source, collaborative software development with all source codes public and it follows the Apache License 2.0

Users who start the transactions are the subjects.

Anyone can easily issue tokens on Hyperledger, but will be subject to evaluation of the Foundation.

It is possible to develop DApps with widely used languages such as Java and Go. Also, unlike smart contracts, you can call other DApps within a DApp.

Yes, Metacoin is the first cryptocurrency based on the Hyperledger technology.

All of the DApps mentioned on the whitepaper; BitPet, PlayPang, Paradice Club, are all based on the Metacoin Protocol.

Metacoin is a tangible ecosystem powered by Hyperledger where people can use the Metacoin Token (MTC) to participate in Token ICOs, interact with Metacoin DApps, and trade on the Withbit exchange. It is a product of ‘Inblock’, a company based in Hong Kong.

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Metacoin is a Hyperledger based mainnet service.

Inblock Foundation will issue and maintain Metacoin Tokens.

Transactions are processed privately, but users can publicly view all transaction records live.

Metacoin follows the Hyperledger Fabric Protocol.

Metacoin will not issue any new tokens through mining.

Metacoin will be the key currency of the Metacoin based exchange Withbit.

Yes, you can interact with Metacoin DApps with Metacoin Tokens.

Bitcoin, Ethereum

1. Mining coin.
 Many mininers still consume time and power to solve the algorithm and get coin.

2. POW (Proof of Work) method.
 Consensus and decision making are done by multiple computing powers, resulting in a large amount of power and time consumption.

3. When trading or transferring, a relatively high transaction fee (Gas) is required.
 For example, if 1 ETH = 200 USD, a transaction fee of 0.01 ETH is worth about 2 USD.
 Because of this, no one will buy 0.5 USD candy with Ethereum .


Metacoin

1. Issued coin.
 Only a limited number of coins issued from the Metacoin network are distributed.

2. Decision is made by the stated node.
 There is no consensus protocol, and it is possible to transfer and trade quickly by 4 ~ 21 nodes.

3. There is no transaction fee.
 MTC does not use a proof method such as POW / POS.
 Since Metacoin is processed quickly by the decision of the node, there is no object to share the compensation for the proof.