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For Meta World is a cryptocurrency that has been developed to solve the issue of scalability, high transaction fees and slow transaction times that have been experienced with other cryptocurrencies. It was created in 2019 by a team of experienced cryptographers, developers and blockchain experts, with a focus on improving the user experience of trading cryptocurrencies.
For Meta World is based on the ERC-20 standard, which is a protocol built on Ethereum blockchain. It has been designed to use a Proof-of-Stake (PoS) consensus algorithm, which allows users to earn rewards for staking their coins. This system is designed to reduce the risk of centralization, as well as to reduce the risk of a 51% attack. The team has also implemented a “Gas-free” transaction system, which allows users to send and receive cryptocurrency with no transaction fees. This system is designed to make the cryptocurrency more accessible and user-friendly for those new to the world of blockchain and cryptocurrency.