1/25
Updated thread of Meter.io ⚡️
A high-performance blockchain infrastructure that scales & connects the financial Internet
World's first hybrid consensus using $MTR the PoW stablecoin & PoS HotStuff consensus with $MTRG the governance token
#MTRG #MULTICHAIN
2/25
In addition to being a high performant #Layer1 infrastructure Meter can scale other L1 mainnets as a sidechain solution
Meter uses the most advanced deterministic consensus protocol called #HotStuff
@Meta's Libra (formerly FB) is a variant of this consensus
$MTRG #MTRG
3/25
There are multiple #Layer2 solutions currently on the market including Optimistic Rollup, zk Rollups, state channel & side chains
Optimistic Rollup is promising but it is definitely over hyped
Zk based techniques are incompatible with existing smart contracts
$MTRG #MTRG
4/25
All the rollups solutions today require a centralized sequencer to put transactions in order
It essentially is “the house” for all the transactions on the rollup
Not only it has the power to censor & front run transactions, it also triggers regulatory issues
$MTRG #MTRG
5/25
Meter takes a side chain type of approach
Similar to #xDai, #BSC, #Matic, #Skale
They are either Proof of Authority based
Meaning you will have to trust all the validators in the network
Or they are modified on top of #Tendermint #Cosmos
$MTRG #MTRG
6/25
Meter's #HotStuff consensus is several times more performant and does not require the entire network to be highly synchronized, which allows a highly more decentralized network compared to #Tendermint
$MTRG #MTRG
7/25
In Meter’s implementation, with the same amount of network traffic as the current 100+ nodes in #Cosmos network, Meter could support 10,000 nodes
This consensus protocol is comparable in sophistication if not more to #Ethereum 2.0 👀
Very bullish 🔥
$MTRG #MTRG
8/25
Meter's metastable #stablecoin $MTR functions as the gas token for the network
It is created by SHA256 PoW mining, the same method used for #Bitcoin
This making it as decentralized as #Bitcoin
Miners could directly use #Bitcoin mining hardware to mine $MTR
$MTRG #MTRG
9/25
Apparently scientists created a stablecoin pegged to electricity
Only @Meter_IO is the original creator of the electricity pegged stablecoin
Meter is many years ahead of development
Bullish 🔥
$MTRG #MTRG
10/25
How does $MTR compare to stablecoins such as $USDT or $UDSC & others?
$MTR is fully decentralized, not relying on oracles and not pegged to USD
It aims to complete #Satoshi's original vision to create a sound money independent of the FIAT system
Truly #DeFi
$MTRG #MTRG
11/25
Meter created $MTR as a decentralized and permissionless stable #DeFi currency
Thus eliminating counter-party, regulatory or oracle risks
No SEC issues programmed
To be precise:
$MTR is the $BTC of stablecoins 💎
Very bullish 🔥
$MTRG #MTRG
12/25
$MTR has a better measure of value than any FIAT currency in the world
How?
Miners profit chasing behavior will drive $MTR to the cost of global competitive electricity price, which is more stable in purchasing power than any FIAT currency in the world
$MTRG #MTRG
13/25
Meter's dual token system Proof of Value
Meter is the first #crypto project that clearly separates the record keeping for protecting the ledger and the economic consensus for the value of coins
High-profile security 🔒
Very bullish 🔥
$MTRG #MTRG
14/25
$MTRG is the governance token for running #HotStuff inspired PoS consensus for record keeping
Stake $MTRG and earn daily rewards of ~10% APR
Earn #passiveincome ❤️
Always keep in mind:
$MTRG is the investment token 💰
$MTR is used for gas ⛽️
$MTRG #MTRG
15/25
Meter has focused on #multichain working products, utility & connecting #blockchains
We will see a lot more development of #multichain in #crypto
The industry is only picking up recently, wherein @Meter_IO is years ahead
$MTRG #MTRG
@opensea 👇🏼
16/25
We will also see a lot more confirmation that #multichain is the future
Fact is, that it is inevitable & heavy in development in many projects
@Meter_IO had the vision years ago & fundamentals are set
Bullish 🔥
$MTRG #MTRG
CEO of @okx 👇🏼
17/25
Most new chains are trying to build themselves as the center of the financial crypto & NFT space
Meter however believes that the world is going to have diversity
No chain, not even #Ethereum could take everything
Bullish for Meter
#Multichain is the future
$MTRG #MTRG
18/25
Meter launched a product, Meter Passport
It helps all the popular blockchains to connect each other
Not just to Meter, but more like an NxN router to connect all blockchains
passport.meter.io 👀
$MTRG #MTRG #Multichain
@Theta_Network 👇🏼
19/25
Meter donated the world's first frontrunning & MEV resistant #DEX to the community
voltswap.finance 👀
⚡️100% community owned. No team tokens
⚡️Lightning-fast & low gas cost TXs
⚡️#ERC721 #NFT contract-based smart wallet
⚡️Governance token $VOLT
$MTRG #MTRG
20/25
All investor tokens are already released 🔥
They are all locked-in for staking 🔥
Meter's partnerships are stunning
Collaborations will always continue
$MTRG #MTRG
Meter CEO @xiaohanzhu is also the founder of @ZMTCapital 👀
Meter's VCs and Partnerships 👇🏼
21/25
In the spirit of decentralization the team was removed from the website
The closest you can get on information is:
linkedin.com/company/meteri…
The core team with the Meter foundation has decades of experience in Silicon Valley
Located in Palo Alto, California
$MTRG #MTRG
22/25
Meter CEO and co-founders are ex-colleagues in Silicon Valley high tech companies
They were seasoned architects in distributed systems, cryptography & finance with companies like:
Google, Huawei, Cisco, Sony, Motorola & Microsoft
Team is legendary ❤️ #DYOR
$MTRG #MTRG
23/25
CEO @xiaohanzhu
⚡️Mixed engineering and finance background
⚡️15 years experience in R&D and engineering
⚡️MBA from @Wharton 🔥
⚡️Started with strategy and investments
@Meter_IO enormous gem 💎
Note:
@SumerMoney a product of Meter team
#DYOR on Sumer 🚀🌙
$MTRG #MTRG
24/25
⚡️Contacts
⚡️Web Meter.io
⚡️CEO @xiaohanzhu
⚡️Follow @Meter_IO
⚡️Follow @SumerMoney
⚡️Explorer scan.meter.io
⚡️Telegram t.me/Meter_IO
⚡️Discord discord.gg/wsx44amMHj
⚡️Buy $MTRG from here 👇🏼
⚡️Exchanges meter.io/getcoins
#MTRG
25/25
⚡️Products & docs
⚡️DEX voltswap.finance
⚡️Wallet wallet.meter.io
⚡️Stake staking.meter.io
⚡️Bridge passport.meter.io
⚡️Learn more docs.meter.io
⚡Whitepaper docsend.com/view/6gebiph
⚡️Tokenomics docsend.com/view/pubkivhip…
$MTRG #MTRG
@VitalikButerin suggesting hybrid PoW and PoS design, exactly how @Meter_IO was built from ground up🚀🌙
The most bullish signal for a project🌋
$MTRG is inevitable❤️
#MTRG #MULTICHAIN
#Bitcoin #AVAX #CRO #ICP #BNB #Ethereum #Solana #DeFi #Web3
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