1/ With so many 💎 's underwater, which one deserves a spot in your portfolio?
After calling $LUNA at 1$ and riding it all the way ⬆️ to 90$, @CryptoWizardd's next big call is $MTRG
Why? Let's take a look 🧵 👇
After calling $LUNA at 1$ and riding it all the way ⬆️ to 90$, @CryptoWizardd's next big call is $MTRG
Why? Let's take a look 🧵 👇
2/ I went through every thread & docs to put together a much needed mega thread on @Meter_IO, so give a follow to these guys who helped made this possible 👇
👑@Anviant2
👑@CryptoRock__
👑@AdamHODL
👑@Paul250889
👑@UniswapD
Okay, ready for the alpha? Let's begin..
👑@Anviant2
👑@CryptoRock__
👑@AdamHODL
👑@Paul250889
👑@UniswapD
Okay, ready for the alpha? Let's begin..
3/ Sitting at $50m MC w/ huge upside, it's one of the gems that'll thrive once the market stops lagging
Pls welcome: $MTRG ⮕ Future of Multi-Chain ⛓️
➡️Mcap: $43m
➡️ATH: $11,86
➡️Holders: 1,510
➡️Consensus: HotStuff-inspired #PoS 👀
Do u see it anon? I can go all night..
Pls welcome: $MTRG ⮕ Future of Multi-Chain ⛓️
➡️Mcap: $43m
➡️ATH: $11,86
➡️Holders: 1,510
➡️Consensus: HotStuff-inspired #PoS 👀
Do u see it anon? I can go all night..
4/ What I'll cover in this thread:
🎯 $MTRG | Overview
🎯 What it is & How it works
🎯 Vision
🎯 3 major problems in the crypto space
🎯 Hybrid PoV Consensus Mechanism
🎯 $MTRG ⮕Governance Token
🎯 $MTR ⮕ their stable coin.
🎯 Meter Passport
🎯 Founders
🎯 $MTRG | Overview
🎯 What it is & How it works
🎯 Vision
🎯 3 major problems in the crypto space
🎯 Hybrid PoV Consensus Mechanism
🎯 $MTRG ⮕Governance Token
🎯 $MTR ⮕ their stable coin.
🎯 Meter Passport
🎯 Founders
5/
🎯 Overview
Not only is Meter a high-performance blockchain infrastructure that scales & connects the financial Internet,
but also the fastest growing hybrid L1 & L2 project in the space, a sleeping giant that will put moon boys in disbelief
$MTRG / $EMTRG / @Meter_IO
🎯 Overview
Not only is Meter a high-performance blockchain infrastructure that scales & connects the financial Internet,
but also the fastest growing hybrid L1 & L2 project in the space, a sleeping giant that will put moon boys in disbelief
$MTRG / $EMTRG / @Meter_IO
6) Lets put Meter side-to-side with other L1 & L2 projects. Not a lot of projects can flex on Cosmos or Polygon, but $MTRG happens to be on of them..
A multi-billion dollar market cap is inevitable once the market wakes up
Why? 👇🏼
A multi-billion dollar market cap is inevitable once the market wakes up
Why? 👇🏼
7) Before we move any further, let's properly introduce the project:
🎯 What it is & How it works
🎯 What it is & How it works
8)
🎯 Vision
- Complete BTC's plan & create a metastable sound money independent of FIAT
- Address performance issues chains are facing w/ Hybrid PoW/PoS + HotStuff that is backward compatible with ETH
- Interconnect w/ chains like ETH to enable scaling and value interaction
🎯 Vision
- Complete BTC's plan & create a metastable sound money independent of FIAT
- Address performance issues chains are facing w/ Hybrid PoW/PoS + HotStuff that is backward compatible with ETH
- Interconnect w/ chains like ETH to enable scaling and value interaction
9/
🎯 3 major problems in the crypto space
1️⃣ Scaling & Interoperability of $ETH / $DeFi
2️⃣ Crypto Native Stability - A stable & decentralized currency for DeFi that doens't depend on #Oracles
3️⃣ Security #hacks
The solution? Hybrid PoV Consensus Mechanism 👑
🎯 3 major problems in the crypto space
1️⃣ Scaling & Interoperability of $ETH / $DeFi
2️⃣ Crypto Native Stability - A stable & decentralized currency for DeFi that doens't depend on #Oracles
3️⃣ Security #hacks
The solution? Hybrid PoV Consensus Mechanism 👑
10/
🎯 Hybrid PoV Consensus Mechanism
Meter presents a solution with the world's first hybrid PoV consensus mechanism using $MTR, the PoW stablecoin & PoS HotStuff consensus with $MTRG the governance token
Why is this important? How is this done? 👇🏻
🎯 Hybrid PoV Consensus Mechanism
Meter presents a solution with the world's first hybrid PoV consensus mechanism using $MTR, the PoW stablecoin & PoS HotStuff consensus with $MTRG the governance token
Why is this important? How is this done? 👇🏻
11/
$POW: This method creates a stable, decentralized & permissionless stable DeFi currency and simultaneously eliminates counter-party, regulatory (no SEC issues) & oracle risks.
Essentially, $MTR is the $BTC of stable coins
$POW: This method creates a stable, decentralized & permissionless stable DeFi currency and simultaneously eliminates counter-party, regulatory (no SEC issues) & oracle risks.
Essentially, $MTR is the $BTC of stable coins
12/
$POS validate transactions via the governance token $MTRG (or $EMTRG on $ETH)
The network is arguably more secure than both $ETH & $BTC through POV consensus; capable of ~1500TPS pre sharding and 2.4 sec every blocks. More info -->⚡️scan.meter.io⚡️
$POS validate transactions via the governance token $MTRG (or $EMTRG on $ETH)
The network is arguably more secure than both $ETH & $BTC through POV consensus; capable of ~1500TPS pre sharding and 2.4 sec every blocks. More info -->⚡️scan.meter.io⚡️
13/
⚡️#Meter is the first and only network to design a consensus with clear differentiation between token issuance and record keeping.
🏗️Meter's hybrid #PoW/#PoS mechanism mimics the physical world, where gold miners mine gold & bankers do the bookkeeping.
$MTRG $MTR #DeFi
⚡️#Meter is the first and only network to design a consensus with clear differentiation between token issuance and record keeping.
🏗️Meter's hybrid #PoW/#PoS mechanism mimics the physical world, where gold miners mine gold & bankers do the bookkeeping.
$MTRG $MTR #DeFi
14/
Why is Proof of Value better than Proof of Work and Proof of Stake?
Why is Proof of Value better than Proof of Work and Proof of Stake?
15/
ETH compatible chains like xDai & #BSC use PoA, requiring TRUST in elected super nodes
$MTRG $POS consensus randomly selects hundreds of validators from a pool of thousands of candidates making it more decentralized & censorship-resistant than any competitor's solution 👑
ETH compatible chains like xDai & #BSC use PoA, requiring TRUST in elected super nodes
$MTRG $POS consensus randomly selects hundreds of validators from a pool of thousands of candidates making it more decentralized & censorship-resistant than any competitor's solution 👑
16/
⚡️While @cosmos @0xPolygon @solana & #ETH 2.0 are based on technologies developed in the 1970s, #HotStuff was invented just 4 years ago
🔥HotStuff's edge is efficiency, performance, failure resistance & instant finality.
⚡️While @cosmos @0xPolygon @solana & #ETH 2.0 are based on technologies developed in the 1970s, #HotStuff was invented just 4 years ago
🔥HotStuff's edge is efficiency, performance, failure resistance & instant finality.
17/
🎯 $MTRG ⮕Governance Token
$MTRG / is the governance token of the Meter system.
Meter is the most decentralized and fastest Ethereum sidechain network with a native metastable gas currency.
Image from @AdamHODL
🎯 $MTRG ⮕Governance Token
$MTRG / is the governance token of the Meter system.
Meter is the most decentralized and fastest Ethereum sidechain network with a native metastable gas currency.
Image from @AdamHODL
18/
Why is Meter the best sidechain?
✅1500 TPS per chain
✅Near Instant
✅Totally secure
✅Fast & Scalable
Why is Meter the best sidechain?
✅1500 TPS per chain
✅Near Instant
✅Totally secure
✅Fast & Scalable
19/
$MTRG is the gov token for running #HotStuff inspired PoS consensus for record keeping
Stake $MTRG and earn daily rewards of ~10% APR
Keep in mind: $MTRG is the investment token 💰 $MTR is used for gas ⛽️
This leads us to our next topic, their Stable Coin #MTR 👇🏻
$MTRG is the gov token for running #HotStuff inspired PoS consensus for record keeping
Stake $MTRG and earn daily rewards of ~10% APR
Keep in mind: $MTRG is the investment token 💰 $MTR is used for gas ⛽️
This leads us to our next topic, their Stable Coin #MTR 👇🏻
20/
🎯 $MTR ⮕ their stable coin.
Meter's #stablecoin $MTR functions as the gas token for the network
Created by SHA256 PoW mining, the same method used for #Bitcoin, making it as decentralized as #Bitcoin
Miners could directly use #Bitcoin mining hardware to mine $MTR
🎯 $MTR ⮕ their stable coin.
Meter's #stablecoin $MTR functions as the gas token for the network
Created by SHA256 PoW mining, the same method used for #Bitcoin, making it as decentralized as #Bitcoin
Miners could directly use #Bitcoin mining hardware to mine $MTR
21/
How is this any better than other stable coins?
$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
How is this any better than other stable coins?
$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
22/
Meter created $MTR as a decentralized and permissionless stable #DeFi currency
This eliminates the risk of counterparties, regulations or oracles.
No SEC issues programmed
Bottomline | $MTR is the $BTC of stablecoins 💎
Meter created $MTR as a decentralized and permissionless stable #DeFi currency
This eliminates the risk of counterparties, regulations or oracles.
No SEC issues programmed
Bottomline | $MTR is the $BTC of stablecoins 💎
23/
Supply, Value & Scalibiity
> Demand = miners expand the supply
< Demand = MTRG auction process removes MTR from circulation
This makes the value of MTR neither deflationary nor inflationary.
Value & Scalability? 👇🏻
Supply, Value & Scalibiity
> Demand = miners expand the supply
< Demand = MTRG auction process removes MTR from circulation
This makes the value of MTR neither deflationary nor inflationary.
Value & Scalability? 👇🏻
24/
🎯 Meter Passport
In real life, it would be the equivalent of being able to hop between multiple planets and use all of the different features & benefits each one of them has to offer.
But what does this mean for meter?
🎯 Meter Passport
In real life, it would be the equivalent of being able to hop between multiple planets and use all of the different features & benefits each one of them has to offer.
But what does this mean for meter?
25/
Basically, a leading cross-chain bridge that helps popular blockchains to connect each other and transfer assets and info across chain instantly and securely.
Not just to Meter, more like an NxN router to connect all top blockchains out there 🤯
passport.meter.io 👀
Basically, a leading cross-chain bridge that helps popular blockchains to connect each other and transfer assets and info across chain instantly and securely.
Not just to Meter, more like an NxN router to connect all top blockchains out there 🤯
passport.meter.io 👀
26/
Why is multi-chain interoperability so important and why is passport so bullish for Meter and blockchain ? Because Interoperability is the path towards a layer on top of existing blockchains that we can use to access all of the benefits, functionalities, utilities, etc..
Why is multi-chain interoperability so important and why is passport so bullish for Meter and blockchain ? Because Interoperability is the path towards a layer on top of existing blockchains that we can use to access all of the benefits, functionalities, utilities, etc..
27/
But wait, there’s more…
But wait, there’s more…
28/
🎯 Founders & Team
CEO @xiaohanzhu
⚡️Mixed engineering and finance background ⚡️15 years experience in R&D and engineering ⚡️MBA from @Wharton 🔥 ⚡️Started with strategy and investments
One of the most bullish background i've ever seen
🎯 Founders & Team
CEO @xiaohanzhu
⚡️Mixed engineering and finance background ⚡️15 years experience in R&D and engineering ⚡️MBA from @Wharton 🔥 ⚡️Started with strategy and investments
One of the most bullish background i've ever seen
30/ Vitally Approved
Can it get any more bullish than this..?
Can it get any more bullish than this..?
https://twitter.com/VitalikButerin/status/1540233065368354817
https://twitter.com/0xtypejohnny/status/1561403752099155968?s=20&t=IXYNi7D9CnxeO_eh-VXDRwTo all my $MTRG soldiers, tag our leader @CryptoWizardd and get this bad boi the exposure it deserves 🫡
What else needs a mega thread? 👇
Follow me @0xtypejohnny for more more 🧵 's on defi gems 💎
Like/RT the first tweet to spread the alpha 🖤
• • •
Missing some Tweet in this thread? You can try to
force a refresh
