What is a metronome? Metronome (MET) is a self-governing cryptocurrency developed for cross-chain operation. cryptocoin.com In this article, we will focus on the Metronome (MET) project. In addition, we will answer questions such as what is Metronome, what is MET, and how to get it, which are wondered by investors. Let’s take a look at this cross-chain cryptocurrency.
What is a metronome?
Metronome (MET) is a cryptocurrency that claims to be the first self-governing “Cross-Blockchain” cryptocurrency. This cryptocurrency works as a store of value and foundation for decentralized applications (dApps). However, the asset can operate in a “Cross-Chain”, that is, cross-chain. Accordingly, users have a number of advantages such as convenient transfer of MET to other Blockchain networks. Its presence in most Blockchain networks is important as it makes the asset more accessible.
Most cryptocurrencies are volatile and heavily dependent on the success of their Blockchain. The Metronome team argues that the path to institutional and mass adoption in the crypto space is different. Accordingly, there is a need for an entity that is not connected to a particular Blockchain but can operate on any compatible Blockchain. To this end, they launched the MET coin in October 2017. In doing so, they built MET on three pillars.
What does the metronome offer?
Metronome aims to be the first platform that enables value transfer between different Blockchains. This could solve many of the problems plaguing the cryptocurrency market, including price instability, lack of mobility between chains, and slow transaction speeds. Cryptocurrency works on three pillars, according to the project’s website. These; governance, reliability and portability. Governance of the entity does not belong to any particular group or individual. The entity operates in a completely self-directed manner.
However, the system works with a structure that adheres to the principle of reliability for crypto investors. The project provides a stable and predictable token through descending price auctions. Finally, MET works with a cross-chain architecture based on the principle of portability. Accordingly, cryptocurrency has the ability to move between Blockchains. Thus, it is better protected from management problems and instability.
What is METcoin? What does it do?
MET coin is the cryptocurrency of the Metronome platform. With this cryptocurrency, users can make cross-chain transactions. Accordingly, the asset serves as a reliable, immutable foundation upon which DeFi projects can build. In addition, users can convert MET to the native cryptocurrency of the Blockchain network where it is located.
What is a metronome? How is MET taken?
Metoronome is currently traded on the Gate.io cryptocurrency exchange. Interested investors can buy MET coins on this exchange.
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