What is MetaMUI?
MetaMui (MMUI) is a fourth-generation meta blockchain for digital metamorphic assets and tokenized securities that trades under the name MMUI. It is an identity-based meta blockchain that aims to inherit all the advancements of blockchain and digital currency technologies to dynamically generate meta-mui tokens. MetaMui token is a collateral asset-backed digital metamorphic asset designed to solve the Central Bank Digital Currency (CBDC) design trilemma of identity, privacy, and programmability, along with the current CBDC implementation-related issues. The platform's advanced concepts, such as a new consensus protocol, hybrid blockchain, chain code, identity blockchain, and ledger structures, provide users with the ability to tokenize assets without using smart contracts and offer their digital assets. MetaMui's unique binding of assets to the user's identity aims to prevent identity theft and ownership-theft of NFTs and other digital assets.
The platform's decentralized identity-based accounting structure seeks to prevent money laundering and protect users' privacy. MetaMui adopts two-tier blockchain nodes architecture, Bank Node and Mobile Node, to balance decentralization and efficiency and optimize current mobile and edge-computing environments. Furthermore, both blockchain ledger and chain code perform digital currency transactions created dynamically, where chain codes are downloaded and run on local devices and support offline operations.
The consensus protocol of MetaMui combines pBFT (practical Byzantine Fault Tolerance) and PoS (proof of stake) and has two different structures to store transaction data. One is the Event Sourcing Ledger, and the other is Summary Ledger. Users can choose to participate in any digital currency consensus process and seek to earn rewards by contributing to the project. Meta Mui has several features, including self-sovereign identity, offline payments, unlimited scalability, and Algorithmic Central Bank (ACB), which controls the circulation of the currency.
Meta Mui's platform seeks to have several uses, including Digital Stock Exchange (DSE), ownership of each non-fungible token (NFT), and Cross Border Payments (CBPM). Additionally, MMUI is a utility coin for payments that maintains and controls its value algorithmically through ACB, an artificial intelligence (AI)-based algorithmic engine. The MMUI Wallet stores Meta Coins, and the MetaBlock Exchange allows the trading or swapping of coins. Moreover, the Meta Mui blockchain enables users to publish cryptocurrencies, digital currencies, and tokenized assets.
Meta Mui's whitepaper was released on June 2, 2021. The founders of Meta Mui are Seokgu Yun, CEO, and Frances Kim, COO, and the platform has a maximum total supply of 1 billion MMUI. With its advanced concepts and unique features, MetaMui aims to revolutionize the blockchain and digital currency industries while offering users a secure and decentralized platform to tokenize and trade digital assets.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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