Technology

The Metaverse Light Wallet Beta is live!

The Metaverse Light Wallet Beta is officially live as of today. This wallet provides a simpler and more convenient way to receive and manage one’s assets on the Metaverse Blockchain.

T7BJuIB - The Metaverse Light Wallet Beta is live!

The Light Wallet has five key features:

  • Provides safe, convenient, simple and stable wallet services.
  • Doesn’t require installation of a client — the wallet is accessible through the website.

  • Doesn’t require the wallet to download the entire blockchain to send and receive assets.

  • Supports import of private keys.

  • Customizable user interface.

The release of the Light Wallet provides investors with a much more convenient method of sending and receiving assets. Users who have not previously registered a Metaverse Wallet account may use the Light Wallet to register a new account, while users who already have an existing full-node Metaverse Wallet account can log into the Light Wallet using their account mnemonic.

lxXGOZC - The Metaverse Light Wallet Beta is live!

The Light Wallet’s code is completely open source. In subsequent versions, to better cater to our users’ needs, the Metaverse Light Wallet will gradually provide more functions and language options as well as release an app.

Try Metaverse light wallet at: https://www.myetpwallet.com/

The Metaverse Light Wallet was released for beta testing on 9 November, 2017. We would like to extend our thanks to the following users, who enthusiastically participated in the testing phase and provided invaluable feedback:

Blauni, Claudia, Deano,感悟人生,Elaine, Gordon, itachi, Johnwaltonvi, Jonathanlimwj, King Ramaldo , Mixterz, nedievas, pnbamania, Satya, Spencer, Stevey, Verma,小杨

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Letter to Metaverse Wallet Users

Dear Metaverse Wallet Users:

These two days, a wallet user came to us for help regarding an error faced when importing the mnemonic. The Metaverse team tried our best to help to look into the issue and it turned out the user wrote down the wrong mnemonic words at the beginning. This is really heartbreaking and regretful. We do really hope this kind of case would not happen again.

Therefore, we strongly appeal that all users back up your 24 mnemonic words correctly and safely!!! Please do bear in mind that once your mnemonic words have been lost or are wrong, your assets will remain in the wallet that you have lost access to and are essentially irretrievable.

Yours Sincerely,
Metaverse Team

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Progress Report – (16th Oct. – 27th Oct)

Introduction

Metaverse is a public blockchain project that aims to provide decentralized services based on digital assets, digital identity and value intermediaries in order to build an open ecosystem in which digital value can be freely exchanged. Detailed information can be found in our white paper,which is actively being revised.

Fortnight in Review

Trading Platform

Metaverse will begin trading on HitBTC on 1 November, 2017. HitBTC is a cryptocurrency exchange based in Europe and is the 4th largest cryptocurrency exchange globally by trade volume.

2a5AIwq - Progress Report  – (16th  Oct. - 27th Oct)Bitfinex related news:
Margin trading for ETP has been enabled on Bitfinex.
Do be aware of Bitfinex’s announcement; for all our U.S. users, please withdraw your ETP to the Metaverse wallet or another exchange before 9 November , 2017.

Additionally, we are in talks with other exchanges. Unfortunately, we are unable to reveal them at the moment. Information will be released as soon as possible.

Development

Web Wallet Development Progress: 

• 0.7.1 version has released on 19th Oct, for more information, please check out the release notes.
Please ensure that you download the wallet from either https://mvs.org or http://mvs.live as it has come to our attention that there are some phishing sites going around that contain links to malware.
• We have also released a list of FAQs – we strongly recommend that users read through it.

Explorer Development Progress:

• The new version explorer has been released on 24th Oct., new features have been added such as: mining info, mining pools index and hashrate division pie chart, market cap. Please go and check it at https://explorer.mvs.org/#!/

Mobile Wallet Development Progress:

• Token master ios version was launched on Apple Store on 17th Oct. Please note this version is only availbele for Chinese mobile number currently.

Other information

• Eric Gu, CEO of the Metaverse Foundation, held an AMA with the community on Reddit – take a look at his replies here.

• Metaverse team joined Money 20/20 in Las Vegas during 22-25 Oct, where Metaverse was invited by Money 20/20 to do an official interview.

• Eric Gu and the Metaverse team attended World Blockchain Summit in Dubai on 24-25 Oct. Eric delivered a presentation at the Summit.

• Metaverse Foundation is partering with Draper Dragon to establish a special investment fund for digital asset, a Memorandum of Understanding was signed on 26th Oct.

Follow us and keep up with the latest news on Facebook, Twitter, Reddit, Slack or Telegram!
Facebook: https://www.facebook.com/mvsofficial/
Telegram: t.me/Metaverse_Blockchain
Slack: https://metaverse-project.herokuapp.com
Reddit: https://www.reddit.com/r/Metaverse_Blockchain/
Twitter: https://twitter.com/mvs_org
Github: https://github.com/mvs-org/metaverse

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Metaverse main net parameter info

Metaverse main net parameters

Total amount:100,000,000 ETP

Current circulation: https://explorer.mvs.live/circulation

Mining algorithm: Improved version of ETHASH

Actual block generation time: 33 Seconds

ETP mining rewards: The initial reward is 3ETP. Mining rewards decrease by 5% every 500,000 blocks.

Algorithm difficulty adjustment: Adjusts every block (with no difficulty bomb)

Main net go-live time: February 11, 2017

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