METABIT NETWORK The World’s First Mobile Mining Public Chain Goes Live

The eco-pass for the high-performance public chain METABIT NETWORK, called BMTC, will be launched for the first time on the Bitget exchange on July 7 at 12:00 (UTC). METABIT NETWORK has received wide recognition from Web3 Capital for its unique technological innovation and strong R&D capabilities.

According to the introduction, METABIT NETWORK was led by Golden Bridge Capital and DG Capital, with participation from MCA, Blackstone, Bayview Capital, Eagle Capital and Astra Capital.

The entire Proof of Stake (PoS) node guarantee market has attracted renewed attention following the completion of the Shanghai update on Ethereum in April.

Many parts of the project moved from Proof of Work (POW) and other consensus mechanisms to Proof of Stake (POS) and began participating in the POS mechanism.

Looking at the entire POS node guarantee market, the current yield is usually less than 10%. Among all the projects, METABIT NETWORK, an emerging public chain, is leading the wave of promises from us with an annualized return of 100% or more.

I. The Metabit network has been optimized and updated, resulting in the creation of a single MPOAS consensus mechanism.

From a technical point of view, METABIT NETWORK has updated and optimized the POS engine and developed a unique MPOAS consensus mechanism.

By authorizing multi-level nodes, METABIT NETWORK allows for a clear division of labor between multiple nodes, which greatly improves the efficiency of data transmission and verification in the Layer 1 chain.

At the same time, METABIT NETWORK uses virtual sharding technology and a dynamic node management mechanism. This allows for automatic adjustment of the number and configuration of nodes based on network load, resulting in high scalability.

This allows METABIT NETWORK to handle the growing number of users and transactions while maintaining high system performance.

According to the test data from the official white paper, the test load of METABIT NETWORK can reach 70,000 TPS (transactions per second) and the core network is stable at 30,000 TPS. This outstrips the TPS efficiency of the major public networks available today.

METABIT NETWORK also supports runtime mode upgrades, which optimizes the contract deployment mode.

The contract-specific logical implementation is accomplished by the contract factory implementation class, which provides a solid foundation for future business upgrades for light node users.

This allows for more diverse commitment gains and paves the way for the next development of the M-LSD track. METABIT NETWORK is expected to lead the DEFI 3.0 era in the Layer 1 space. In addition to its Ethernet-compatible features, METABIT NETWORK also adopts cutting-edge technology.

After developing the underlying architecture of the modular blockchain, the technical team is now working on the development of the ZK-Rollup and ZK algorithms for the METABIT NETWORK public chain.

In the near future, METABIT NETWORK will expand the public chain data flow to facilitate decentralized finance, storage, and metaverse projects that can support commercial-grade applications.

2. Mobile mining is highly profitable and the METABIT NETWORK ecosystem is built collaboratively.

For light node users and authorized nodes, the METABIT NETWORK project parties have a well-defined plan and long-term goals. There is no centralized model that allows for unlimited invitations and excessive mining.

METABIT NETWORK is developing and expanding core consensus-based business applications on a robust infrastructure. Lightweight consensus-based MPOAS nodes, authorized nodes, and coin exchange mining models enable diversified, multi-tiered BMTC revenue streams.

Currently, there are 2,000 active light nodes online on the METABIT NETWORK core network. 68% of METABIT NETWORK’s total supply is allocated to mining, and the deflationary mechanism of halving every four years gives METABIT NETWORK an advantage in maintaining stable prices.

The promised 100% annualized revenue is just a standout perk for early contributors to the community. As millions of BMTC pledges arrive, the annualized return decreases as the coin price increases, but the absolute return to users does not decrease.

Around the core engagement model, METABIT NETWORK also employs a concise first-level invitation template that greatly helps in growing the METABIT NETWORK community membership and improves community stability.

Authorized verifiers need to contribute only 10% of mining revenue to commit BMTC to light nodes, achieving zero limit mining and becoming one of the public chains with the highest cost conversion revenue. The METABIT NETWORK welcomes the recruitment of nodes around the world and offers lucrative revenue and rewards to community users who participate in mining nodes.

3.METABIT NETWORK achieves positive results in the first half of 2023

Looking ahead to METABIT NETWORK’s journey in 2023, there’s a lot to commend. They implemented several initiatives that accelerated the growth of the program. In each month of the first semester, the METABIT NETWORK delivered the following updates to the users of the community:

• In January, METABIT NETWORK exclusively launched the beta version of the MPOAS consensus network.
• In February, we released version 1.0 of the MPC wallet.
• In March, we launched the blockchain browser and updated the official website.
• In April, we launched the mainnet and light node activation system.
• In May, there were 160,000 wallet addresses activated and the number of active users exceeded 100,000.
• In June, we updated the wallet to version 2.0 and activated light node holders.
• In July, the METABIT brand was upgraded to METABIT NETWORK. First release on the Bitget exchange.

4. Looking to the future, METABIT NETWORK will continue to expand the scale and influence of the ecosystem.

Looking to the future, METABIT NETWORK plans to continue promoting green building and technological innovation. They will strengthen cooperation with various industry partners to expand the scale and impact of the ecosystem.

Through collaboration with NFT Marketplace, DeFi, decentralized exchanges, and other applications, they aim to offer developers and users a wider range of services and support.

At the same time, METABIT NETWORK will continue to pursue technological innovation, introducing more features and enhancements essential to improve performance and security.

• First, green building: METABIT NETWORK is collaborating with various parts of the project, such as GameFI, NFT Marketplace, Metaverse, Swap, and decentralized exchanges. Meanwhile, METABIT NETWORK’s decentralized exchange (DEX), which was originally scheduled to launch in August, is now being moved to mid-July. The development team is working together efficiently and producing excellent results. The parties of the METABIT NETWORK project have developed an ecological plan for the future, which mainly includes wallet identity, games and social features, NFT trading market and metaverse integration, developer community and tools integration, METABIT NETWORK DeFi and financial derivatives, METABIT NETWORK stablecoin and the decentralized exchange METABIT NETWORK, etc.
• Em segundo lugar, inovação tecnológica: o METABIT Lab, estabelecido sob a Fundação METABIT, incubará vários projetos unicórnios no setor emergente da cadeia pública. Seu Programa de Subsídios visa encorajar e apoiar mais projetos Web3 para se juntarem à METABIT NETWORK para práticas de desenvolvimento. O METABIT Lab não serve apenas como uma plataforma de lançamento, mas também possui o conhecimento e a capacidade de incubar projetos e promover o crescimento mútuo. No momento, as ferramentas da comunidade de desenvolvedores 1.0, o IDE e o pacote de contrato inteligente da METABIT NETWORK estão se tornando os novos favoritos entre os desenvolvedores da camada 1. Em um futuro próximo, os usuários poderão enviar correntes com apenas um clique, enviar moedas com um clique e configurar organizações DAO com um clique. Outras funções também estarão disponíveis online em breve.
• Third, global node recruitment: METABIT NETWORK is recruiting nodes from all over the world. We welcome community users interested in mining from us to actively participate in the registration. Mining nodes will bring lucrative gains and rewards, with annualized rates of return far in excess of 100% APR.
• Fourth, the METABIT NETWORK DAO organization is established. With more than 100,000 active community members, they plan to facilitate the secondary growth of community expansion. They intend to establish a DAO organization in partnership with top-tier investment institutions in North America. They will actively recruit competent community team leaders and provide them with ample encouragement and training support to help them foster community growth and generate substantial wealth.

For those interested in next-generation Internet technology, this is the best way to get financial benefits from Web3. Seizing this opportunity is likely to lead to progress and the achievement of the future, and it is expected that a significant number of institutions and individuals will take advantage of it in the future. Thus, users interested in embracing Web3 need to act quickly and grab the future!

For further information, please contact:

Official site: www.metabitglobal.com

Block browser: https://www.metabitglobal.io

Twitter: https://twitter.com/metabitofficial

Telegraph English: https://t.me/METABITofficialgroup

Chinese Telegraph: https://t.me/METABITchinese

Discord: https://discord.gg/cTcs5YWVRg

Link to download the APPLICATION:

Apple: https://testflight.apple.com/join/1yU7koC4

Android: https://play.google.com/store/apps/details?id=com.muke.meta

APK: https://metabitglobal.com/Metabit_Wallet.apk