Proof of Meta Consensus Mechanism

Hybrid Mining & MetaAnthill

Although it seems that Ethereum's transition from PoW to PoS and the relatively new networks started directly as PoS have eliminated the need for miners, validators in PoS systems have undertaken the technical requirements such as providing and maintaining servers.

ImplementationProof of Meta (PoM)Proof of Work (PoW)Proof of Stake (PoS)Delegated Proof of Stake (DPoS)Proof of Authority (PoA)

Accessibility

High

High

High

Low

Low

Decentralization

High

Yes

Partially

Partially

Low

Scalability

High

Low

High

High

High

Low Latency

Yes

No

Yes

Yes

Yes

Transparency

High

High

High

Partially

Low

Smart Contract

Yes

Limited

Yes

Yes

Yes

Security

High

High

Partially

Partially

Partially

Network Intensive

Partially

Yes

Partially

Partially

No

Metatime argues that mining needs to go beyond providing servers to users who are already on the blockchain network and are in focus. In addition, it has been determined that since mining requires such technical knowledge that only experts have, it cannot create sufficient resources to direct the future of blockchain technologies and meet the needs of the end user.

For this reason, the hybrid mining system Proof of Meta (PoM), exclusive to MetaChain, allows people to directly contribute to the whole ecosystem and lead the ecosystem – as well as systems that work directly integrated with the network – in both technical and social contexts. The mining system offers 3 different options, each with its decision-making mechanisms that contribute to the ecosystem.

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