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Jun 21, 2022 26 tweets 30 min read Read on X
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 Image
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 Image
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 Image
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 Image
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 Image
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 👇🏼 ImageImage
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 Image
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 Image
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 Image
@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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