MathChain is a SmartWallet AppChain based on Substrate for massive adoption, go-to-market and inclusive blockchain applications.

MATH will run natively on the Ethereum as ERC20 token in beginning and will migrate to MathChain after launch. All MATH transaction fee & cross-chain message fee will be burned. MathChain implements fee market, which is a method to have more predictable transaction fees. With this method, the base transaction fees are burned. Unlike Bitcoin/Ethereum, the fee will not need to reward miners, but will be burned to increase the value itself.

Mathchain see the future of layer 2 blockchain for massive adoption. And for MathChain, here are the solutions:

• Share Security
Leverage the polkadot share security mechanism, the cost of security in MathChain would be a full three to five orders of magnitude less, and yet MathChain WhitePaper 2 would provide fast, arbitrary, trust-free message passing between the host chains, a revolutionary addition. And most important, being connect MathChain to the Polkadot Relay Chain, and obtain the same security as the Polkadot Relay Chain, thus ensuring the safety of assets on MathChain.

• Parachain
The underlying mechanisms of Substrate and Polkadot can provide sufficient transaction speed and low cost. MathChain will implement fee market, which is a method to have more predictable transaction fees.

• SecretStore
The SecretStore module on MathChain which makes even more private all the information you want to send to someone. It can be leveraged by both an on-chain transaction or a off-chain Filecoin storage request.

• Smart Wallet
Combine SecretStore, Off-chain Worker and DID together, MathChain is able to build the universal interchain accounts with easily recover without a paper backup. It will bring user's web 2.0 social media account relation to web 3.0.