Audience
Blockchain developers and crypto traders interested in a high performance infrastructure that allows smart contracts to scale and travel seamlessly through heterogeneous blockchain networks
About Meter
Meter is a high performance infrastructure that allows smart contracts to scale and travel seamlessly through heterogeneous blockchain networks. Meter is a Layer 1 and Layer 2 blockchain protocol. The Meter system consists of two tokens: MTRG, the governance token (eMTRG is the ERC20 version), and MTR, the low-volatility currency token.
Financial assets should flow freely among blockchains. Meter’s HotStuff-based consensus allows 1000s of validator nodes, making Meter the most decentralized Layer 2 for Ethereum. Meter processes thousands of transactions per second and transactions are confirmed almost instantly. Meter Passport allows assets and smart contracts travel and communicate across heterogeneous blockchains for the best price, liquidity and yield. Meter is an Ethereum Compatible with unique enhancements. Unlike other Layer 2, DEXes build on Meter are front running/MEV resistant, fast and uncensorable.
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"Meter is the future" Edited 2021-11-18
Pros: Meter is lightning fast, and solves all of Ethereum's scaling problems. They have a very unique whitepaper in that they have their own native stablecoin (MTR) that is pegged to the price of 10kWh of energy, rather than to a fiat dollar amount. They also offer MTRG, which is the governance token (or eMTRG if you want to buy the ERC-20 version of the token). The VoltSwap cross-chain DEX built on Meter is fantastic, and the Meter Passport (cross-chain bridge) works extremely well and is constantly onboarding new chains like Moonriver, etc.
Cons: None so far. Only thing is we need more developers building on Meter ASAP.
Overall: Meter is an amazing layer 1 and layer 2 solution for Ethereum. It is like Polygon/Matic but better. It also has a proof of work element to it that makes it much more secure. I think Meter is the future of layer 2 on Ethereum.
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