Announcements
Announcement of upcoming launch of main Network 2.0:
To MGP main chain users and supporters: MGP main chain 1.0 has been concerned by the industry since its launch. After nearly 10 months of development and testing, MGP main chain team here announced: MGP main network 2.0.
Announcement of upcoming launch of Mango Mall:
After seeing an unmatchable success with our crypto mobile wallet, MGP is now expanding its reach in the e-commerce segment. While the MGP mobile wallet app offered a bunch of features to manage your crypto currency and assets, the company has now launched a dedicated app, Mango Mall, for the online marketplace business.
Announcement of upcoming launch of Mango Mall:
Entering the new era of e-commerce with our all new mobile application, Mango Mall. Through Mango Mall, our aim is to offer consumers the most trusted shopping experience using their crypto assets. Download the app today and dive into the new world of crypto e-commerce.
About Us
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DPOS
Delegated Proof-of-Stake consensus algorithm has proven itself as the only consensus algorithm that is able to provide transaction speeds equivalent to the centralized systems, while still preserving decentralization and advantages of blockchain. Under DPOS algorithm, token holders choose block producing nodes by a process of continuous voting. The voting power of a node is determined by the number of tokens the node has staked into the system. Any node can start producing blocks but must persuade users for votes
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Smart Contract Development
For developments of DApps on MGP’s ecosystem, MGP Virtual Machine (MVM) is designed as a lightweight, Turing complete virtual machine. It is a High-Performance Blockchain WebAssembly Interpreter with the goal to provide a custom-built blockchain system that is efficient, convenient, stable, secure and scalable.
Features
Low Latency
Today’s big Blockchain applications use centralized servers to process transactions because the latency of current Blockchain platforms is very high to manage millions of users. This has been a major problem in bringing trust amongst users because most Blockchain applications are only so-called decentralized and people thus prefer to use centralized applications. Thus a Blockchain platform that has scaling potential where it can easily support millions of users and millions of transactions is needed for sustainable growth and adoption of Blockchain technology
Free of Transaction Cost
Today information has become global due to social media but not for small businesses. The biggest hurdle in small businesses from doing business world-wide is huge transaction fees for international remittances. It is said that Indian workers living abroad send up to $70 Billion to India every year and lose up to $8 Billion USD in transaction fees. A Blockchain platform that is free to use for users will likely gain more widespread adoption. Developers and businesses can then create effective monetization strategies and attract more users.
Data Privacy and Anonymity
Data privacy is one of the major concerns of our age because most of the giant tech companies have been accused to mine the private data of users and run campaigns accordingly to influence their choices in politics, purchase products, etc. A Blockchain platform powered by smart contracts that do not store and use private data and is anonymous maintaining and fulfilling transactions is a dire need of this generation for sustainable growth of technology
Products
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MGP TRANSFER
Bitcoin is the most trusted and stable cryptocurrency, if not fastest and cheapest way to transfer money through cryptocurrency. Thus we bring to you mBTC. mBTC will have trustworthiness and stability of Bitcoin, and it solves the issue of speed and fees. This is because price of mBTC will be pegged at BTC. Because mBTC is a token based on MGP chain, the transaction fees of mBTC will be upto a fraction amount compared to BTC, and the transaction speeds will be upto 50x faster than BTC. mBTC is a stable coin pegged 1:1 with our very own Bitcoin ( BTC ). Anybody can use their bitcoin to get mBTC.
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MGP PAY
MGP Pay is the newest way to accept cryptocurrency payments from all over the world. 35 MGP Pay can be used by merchants to accept Bitcoin and other cryptocurrencies, gain new customers, and avoid the cost of high fees and chargebacks. From setup to settlement, MGP Pay makes accepting these payments easy.
The merchants can accept blockchain payments across multiple devices with the MGP Pay Checkout app. Some important features of MGP Pay are :
No price volatility - MGP Pay shields you from the price volatility of Bitcoin and Bitcoin Cash. You get exactly what you charge, minus a flat 1% fee.
Quick bank settlement - MGP Pay can settle funds to your bank account via it’s exchange partners facilitating crypto to fiat bridge in over 50 countries. -
MGP INVEST
Save and Invest while spending without any hassle. The MGP invest platform allows you to automatically invest and save your spare change from everyday credit or debit card purchases into MGP Pay and thus invest in cryptocurrency.
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MGP BROWSER
MGP browser will block invasive ads by default. If you turn on MGP Rewards, you can earn tokens for viewing MGP Ads. These ads aren’t like the ones you see on the web. They’re completely private: none of your personal info, browsing history, or anything else ever leaves your device. That’s because MGP downloads the whole ad catalog and selects the right ads for you locally on your device. And when you see an ad MGP picks for you, you earn 80% of what the advertiser paid, guaranteed. MGP Ads look like system notifications. They’re not distracting or intrusive, and they’re not mixed in with the pages you read online. And you get to pick how many, and how often to see them.