MT Intelligent Game Chain
The interconnection of all things and the global interoperability are a trend of world economic development. Blockchain technology has brought tremendous development to the world economy. As a new type of distributed ledger, blockchain has the characteristics of openness and transparency, immutability, and traceability. This fundamentally solves the trust and safety issues in value exchange and transfer.
With the popularization of smart mobile tools, Internet methods and habits are constantly evolving and changing. The convenient, fast, and low-cost mobile Internet is gradually replacing the clumsy, inefficient, and high-cost traditional Internet. The technical problems of the underlying blockchain technology developed on the basis of the original traditional Internet are becoming more and more obvious, and it is gradually unable to adapt to the growing mobile Internet demand.
The main problems are: 1. Professional mining equipment is required, and maintenance and operation costs are high;
2. Blocks are bloated, memory usage is large, and exchange speed is slow;
3. The lack of extensive scalability makes it impossible to form a complete ecosystem.
MT is a side chain issued by MTC, a public chain based on the aggregation of intelligent traffic applications. It participates in the traffic blue ocean commercial plan codenamed M+.
MT basic system architecture
MT gathers blockchain, finance, and management experts and scholars to jointly initiate the innovation of the underlying technology of the blockchain. It uses the “Confidential Transactions” (Confidential Transactions) privacy protection protocol and uses the secure and fast Equi-hash PoW (Proof of Work Mining Algorithm) as the consensus algorithm. MT uses the three-dimensional standards of credibility, contribution and activity to measure user behavior, time, and computing power contribution.MT built a traffic interaction platform through economic models. Driven by developers and community leaders as honest nodes participating in consensus, reward systems such as user incentives, node incentives, and community governance are used. Form a joint force among developers, communities, and users to form a complete and close ecosystem to achieve sustainable development in the future.
MT is not only a single blockchain project, but also an integration of multiple research results based on the distributed privacy Internet of the blockchain. It will play an important role in identity security, internet freedom, social privacy, convenience, decentralized finance and commerce.
