Metaverse

Metaverse

Metaverse is a leading public blockchain based in China.

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Metaverse is a blockchain platform that allows users to build and deploy smart contracts using tools such as MetaMask, Remix, and Truffle. The platform supports Solidity and any language that compiles to EVM bytecode, making it versatile for developers. Metaverse operates on a Proof of Work (PoW) consensus mechanism with Grandpa finality, ensuring that the entire network validates each block, thereby mitigating 51% attacks and providing uniform mining rewards to stakeholders and investors.

The platform leverages the Substrate modular framework to enhance scalability and long-term expansion. This framework supports the connection of decentralized applications and services, allowing independent blockchains to exchange information and transactions at a lower cost. Metaverse also offers a browser extension wallet for the Web 3.0 ecosystem, facilitating easy access to web applications on browsers like Google Chrome.

Metaverse provides on-chain transaction data for MST, MIT, and Avatars, along with detailed mining and staking statistics. The platform's advanced architecture supports the creation of secure digital assets and digital identities. Through the KILT protocol, Metaverse enables self-sovereign identity ledgers, allowing users to securely manage personal data and credentials, which can be anonymously shared with third parties. This decentralized approach supports independent digital identities within the Web 3.0 initiative.

Keywords: blockchain, smart contracts, PoW, scalability, Substrate, Web 3.0, digital assets, digital identities, decentralized applications, KILT protocol.

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