MTC solves the pain points of large-scale traffic application and creates a blockchain traffic application ecosystem

Traffic giants, traffic unicorns, traffic stars, traffic realization, traffic thinking, traffic responsibility… In the Internet age, we can see that the concept of everywhere has been labeled with traffic.

During the epidemic period, home isolation brought explosive growth of network traffic. According to the data released by the Ministry of industry and information technology, mobile Internet traffic in the first quarter increased by 39.3% on the basis of 129.1% growth in the same period last year. In the economic “cold winter” under the influence of the epidemic, private traffic represented by Li Jiaqi, Luo Yonghao and Weiya has become the life-saving straw for brand enterprises. According to the recently released white paper on private domain traffic, some enterprises that deployed private domain traffic a year ago saw a 200% increase in business during the epidemic.

The explosion of online traffic has brought opportunities and hidden many crises, such as:

1. Giant monopoly

Most of the traffic is still controlled by the traditional Internet, in which Amazon, Alibaba, Tencent and other Internet giants monopolize more than 70% of the Internet traffic. With the trend of becoming more and more centralized, SMEs and consumers have lost their bargaining power.

2. One-way economic model

Since its inception, the traffic economic model of bitcoin is still one-way. The price of bitcoin is supported by the increasing incremental traffic. As long as no one buys it for a period of time, the value will collapse and lead to the lack of traffic. This is also the core problem of blockchain large traffic applications.

3. Hidden dangers in privacy security

For users, personal data security and privacy have long been the most neglected part in front of commercial traffic. The data left by users on the Internet has been leaked by some bad businesses, and even the account information of users of many banks in China has been leaked and sold on the overseas dark network.

4. High cost consumption

For businesses, the high promotion cost is difficult to obtain the real traffic and conversion rate, and the authenticity of the data provided by the platform cannot be guaranteed. The problems of data fraud and malicious mining of user data have not been effectively alleviated. In addition, the negative effects of data flow and data fraud are the biggest.

Compared with traditional traffic, the flow of blockchain is presented in the form of decentralization, distribution and dispersion, which solves the problem of excessive concentration of traditional Internet traffic data. At the same time, traceability can also solve the problem of traffic fraud. More importantly, the confirmation of traffic value is more important. Each user’s traffic asset ownership belongs to himself. This is completely different from the traditional Internet world in which the flow assets belong to the giant enterprises, and the business changes it can bring are of great significance.

Based on these problems and pain points in the current market, Metcalfe chain (MTC) proposes a new generation of intelligent traffic application aggregation public chain, which is committed to solving the core pain points of blockchain large-scale traffic application.

MTC intelligent traffic chain proposes distributed intelligent traffic pool MTCENGINE, M & a governance architecture MER and Metcalfe token model. It adopts MBFT consensus based on distributed traffic management, and is compatible with IPFs and cloud computing architecture. It forms million level content side nodes by activating the most extensive idle user traffic, it provides convenient chain reform and business transformation mode reconstruction for large-scale traffic industries such as live video, large-scale games, high-flow e-commerce and scene finance.

MTC solution

1. Distributed Intelligent Traffic Pool MTC Engine

The distributed intelligent traffic pool MTCENGINE provides a decentralized integrated traffic framework. It standardizes according to the understanding of the value traffic of the blockchain, and constructs logic unified physical nodes sink to traditional centralized traffic flow of distributed paradigm, so as to provide distributed and replicable traffic business operation mode for Internet. At the same time, its traffic can also be built on its own platform.

2. MBFT Consensus

In order to serve large-scale commercial traffic applications, the MTC intelligent traffic chain adopts a Byzantine fault-tolerant consensus algorithm MBFT, which integrates traffic elements. By integrating the technical characteristics of DPoS and HotStuff, the Hot stuff consensus of MTC compatible with licensed blockchain network is also applicable to non-licensed public chain scenarios. At the same time, it provides a good compatible foundation for M & a governance mechanism.

3. Intelligent Traffic Engine

Intelligent traffic engine is the core of MTCENGINE, which is composed of a series of traffic commercial protocol stacks. Its function is to standardize consensus traffic, inject traffic into MTC flow pool, connect infrastructure such as IPFS and cloud computing downward, provide large-scale traffic application interface upward, and provide standardized blockchain traffic support for large-scale application.

In this era of big data, traffic is the core value-added asset of an industry and a company, and an important indicator to improve economic productivity. Traffic is also the basic element of the development of blockchain and the value core of business restructuring of blockchain.

Compared with the traditional Internet, the traffic of blockchain presents in the form of decentralization, distribution and dispersion. What MTC needs to do is to aggregate these decentralized, distributed and decentralized traffic and grab 70% of the traditional Internet traffic. Promote development through technology, and create a large-scale application ecosystem of block chain commercial traffic.