Metacoin has been around for quite some time now. However, it’s not exactly the same as most of the other cryptocurrencies in the market. It’s different enough that we’re excited about learning more about it. That’s why we’re interested in what Meta Coin is all about. So, if you’re looking to buy Metacoin, then keep reading. You’ll be happy with what you find.
What is Metacoin?
Metacoin (MTC) was released as a mainnet platform in 2018. According to their website, Metacoin is the first cryptocurrency based on Hyperledger fabric.
The Hyperledger is a private blockchain, which is a collaborative cross-industry venture of IBM, Digital Asset and Linux foundation. It is a modular blockchain framework developed by global IT companies and investment banks. For this reason, they claim that it combines greater general-purpose and reliability than a blockchain developed by a single individual company.
In its creators' view, Metacoin is a project that focuses on solving and improving problems that traditional cryptocurrency cannot overcome. For example, Bitcoin and Ethereum have several limitations, such as slow-speed transmission and limitations of smart contracts with the limitations of scalability, and high fees.
How Do I Buy Meta Crypto?
You can buy & sell MTC with fiat currencies (USD, CAD, AUD, EUR, GBP, etc.) or trade another coin such as BTC or ETH for MTC.
You can store coins on exchanges after purchase but, if you plan to hold your MTC for a long time, it would be wise to buy a “hardware wallet” to keep the coins. In the end, a cold wallet is the most secure method of storing MTC.
For more articles like this, take a look at our Crypto page.