MGEN is a bridge between the fiat and cryptocurrency world which merges physical and digital assets by integration with our own advanced blockchain technology.
The physical world is slow, expensive and restricted by borders and distance, the digital world however, is fast and economical and available to all by a multitude of devices. The users are the greatest asset of any project and bringing them together is made easy with blockchain.
MGEN believes making a single unified system easy for all is the secret to adoptable blockchain. We are building an ecosystem to empower the user through our simple and intuitive account portal. The MGEN community will have access to all pertinent information at their fingertips and allow them control of their accounts in ways yet unheard of in the blockchain space.
Making all this possible will be the MGEN Virtual Machine, a highly featured, secure and intuitive blockchain smart system governing the multi-chain ecosystem. Creating and managing sidechains, interacting with and issuing smart contracts and a host of other possibilities will be available to users of any skill level.
At the core of the MGEN platform is a superfast transactional system with multiple feature and trust layers, fronted by intuitive and simple to navigate user interfaces. MGEN was designed not only for widespread adaptability but to create global adoption.
Millions of transactions per second.
Protected by LIoN consensus system.
Parallel ‘Block’ & ‘Transaction’ protocol.
Token currency and asset creation.
Multistage contract creation and issuing.
The key to the MGEN ecosystem is the Account UI. It acts as a portal and quick launch system so users can discover and connect to all businesses within the MGEN network. Search bars, installable apps, social functions and more will create a single solution to the entire network.
MGENS interface will be available on a range of devices and operating systems.
Within the interface will be an Application launch page, allowing for a single login to access all apps.
Users will be able to search within the ecosystem for apps, token uses, supported businesses and more.
At MGEN we realized the need for a secure but fair consensus system was essential to our growth. Using a multilevel system of node trust our patent pending 'Legitimacy & Integrity of Node' (LIoN) system uses multiple facets of a nodes behaviour to produce a reputation rating.
Nodes can run on Smart Phones, Pi Devices, PC systems or gaming consoles. No Proof of Work (PoW) means a low energy, and green friendly system.
Consensus is obtained via checking histories against the nodes. The LIoN system selects which nodes to participate in a randomized way, weighted towards those with higher reputation levels.
Processing a transaction to earn fee rewards is open to all nodes equally. A set fee structure is designed for Light (Lower end devices with less storage) and Full node (High end devices) setups.
On the 23rd and 24th of January, 2019 MasterGenesis attended the Synapse Summit event in Tampa. In front of a live audience we demonstrated a network test consisting of six transacting nodes and one account sending transactions. The test was run several times, with an average of 45k TPS with peaks above 55k TPS.
An introduction to the MasterGenesis MGEN Blockchain platform. A high throughput blockchain infrastructure platform designed around simplistic use whilst offering an industry grade and feature packed product. Please join us on our journey ... Follow us on social media to stay up to date with the latest MGEN news!
Drew Taylor host of The Wild West Crypto Show interviews Justin Dean with Master Genesis at the Blockchain Shift Miami convention! Learn more about Master Genesis: https://www.mastergenesis.com Visit our website for more content: https://wildwestcryptoshow.com Like us on Facebook: https://www.facebook.com/TheWWCS/ Follow us on Twitter: https://twitter.com/wildwestcryptos
We showcased our blockchain with a live stress test at the Synapse Summit. The annual Synapse Summit was held on January 23rd and 24th, 2019 in Tampa, FL which brought together the best ideas and technologies for two days of learning, exploring, and celebrating the possibilities of technology.
Generally with all Client/Server applications we want to bind it to a port, so it can listen to messages and perform an action. In our system we have a Node which behaves as a Client and Server whereas the Wallet will only behave as a client.
Welcome to MasterGenesis. This is the first of many 'Developer Journal' entries that we will post to keep the community up to date with our progress. First, let us introduce you to what we are doing. MasterGenesis is the parent company of our project 'MGEN', a NEW Blockchain platform created by our development team.
Stay informed of news, events and information relating to the MGEN platform and its progress.