MTR

Quick-Balance-9257

It’s a bit strange how I see people showing pictures about BTC posters in the MTR, and saying it’s about to blow up. I remember seeing advertisements for crypto and exchanges back in 2018. Even before that had friends using the BTC ATMs. 

Nocturnal1017

I don't even know what he's talking about always buying high. Literally every purchase MTR made has been lower than the current price....wtf he is talking about.

Massive-Statement506

Who drives a car in Hong Kong!?  Nobody needs... MTR over everything.

BackgroundProgram389

[source](https://chartexchange.com/chart/crypto-btcusd/?state=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%3D)

Zet38

MTR is a better solution to stablecoin problem

coinfeeds-bot

tldr; Blockchain infrastructure platform Meter was hacked on Saturday and lost $4.3 million. The breach resulted in the loss of 1391 ETH and 2.74 BTC. Meter is a DeFi infrastructure that uses the $MTR cryptocurrency, a crypto-native, metastable form of currency. The company has suspended all bridge transactions immediately and launched an investigation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

onlyfansfan99

MTRG market cap $22m Meter is the high-performance infrastructure that scales and connects the financial Internet in a multi-chain future! Meter allows the smart contracts to scale and travel seamlessly through heterogeneous blockchain networks through its 3 core offerings; 1. Crosschain-Interoperability: Meter Passport (passport.meter.io) is the official bridge for Ampleforth, Moonbeam, Theta and many more. 2. Scalability: An Ethereum compatible Layer-1/2 chain based on state-of-the-art HotStuff PoS consensus (similar to Facebook Libra) 3. Uncensorable money: A built-in Metastable gas token MTR mined by consumption of 10 KWH electricity using SHA256-PoW. Electricity is proven to be more stable adjusted for inflation than any fiat currency

MyFeetLookLikeHands

Stumbled across an algorithmic Stablecoin called MTR that is pegged to the cost of electricity rather than any fiat system. This caught my eye because costs of electricity of been much more stable than the value of most fiat currencies over the last few decades. Definitely keeping my eye on that project (Meter).

Tricky-Answer9541

Meter $MTRG. Undervalued AF! L1+l2. Cross Chain bridge - currently connecting Moonriver, Ethereum, BSC and Meter Mainnet. Recently released their own community owned DEX VoltSwap, with insane APY’s. Their current MC is laughable low. The circulating supply even lower, and we - the holders - just voted for token burning, meaning it will soon be deflationary. On top of it all Meter has their own meta stable coin MTR which is pegged to the cost of electricity - which is the most stable price you can get when you account for inflation. Check out their official telegram channel as that is where there is most activity.

880975834

MTR (Meter project) sounds more similar to that from what I know, because it’s goal is to be actually pegged to the price of electricity while BTC price mechanisms are different (even if it uses electricity as its PoW mechanism).

MyFeetLookLikeHands

That’s not true. Algorithmic stablecoins are a thing: see MTR

MyFeetLookLikeHands

Yeah I think they add value by making it easy to get in and out of highly speculative assets. That said, because fiat isn’t a great long term hold, I think something like MTR – the Stablecoin that’s part of MTRG – is a much better long hold since it’s tied to the cost of electricity – [which has been much more stable over the last few decades than fiat](https://imgur.com/a/RpCiBjf) rather than to fiat.

poopymcpoppy12

I spent five minutes on the MTRG site. 1. Is it a novel product? Many top projects like Uniswap, Aave, Sushi, Synthetix and a lot more have been able to bridge their ecosystem and smart contracts to other chains no problem. Is MRGT needed? Alot of language from their docs is boiler plate buzzwords: >The Meter system uses Proof of Work to create a fully-decentralized, low-volatility coin MTR for fees and payments, and HotStuff-based Proof of Stake with the MTRG governance coin to validate transactions. This hybrid consensus mechanism makes Meter fast - the system can process thousands of transactions per second, reaching finality almost instantly - and super secure. Here is my favorite: >Meter can be used for everyday purchases and payments, such as for your cup of coffee, a new shirt, or payments to friends and family across the world. Ok. 2) Just because it's VC funded doesn't make it a winner. Crypto VCs and Pantera especially have picked a fair share of losers over the years. Looking at Pantera's portfolio on their website they've invested in Wyre, Civic, and Bakkt, all of which are massively down or no longer around. Also research [Coinbase mafia](https://www.bloomberg.com/news/articles/2021-02-27/coinbase-mafia-shows-how-tight-a-circle-holds-sway-over-bitcoin). Lots of backroom OTC deals for a tight group of crypto VCs and I know Pantera is apart of this. 3) Credentials and team "experience" are 2017-2018 ICO mania thinking. Doesn't really mean much anymore. Build a product and show something is what matters now.

Anviant

It's shocking how many speculative cryptocurrency investors don't read, or don't consider at least skimming over the summary of a whitepaper before investing and subsequently invest based on emotion. I can genuinely say I've read all the whitepapers for the projects I've invested in, namely DOT, ONE, MTRG and SOL. But I have every intention to pick up a nice bag of LINK and ALGO in the future. Only started investing in Feb but I've nosedived into crypto! An amazing example of a simple, yet detailed whitepaper (and perhaps my favourite in terms of the sweet spot between detail and elegant simplicity) out of my investments is probably MTRG (Meter), which I heard of via Harmony ONE's partnership with them. Solid fundamentals condensed into 35 pages. It's my moon shot token as it's sitting at less than 10m market cap. MTRG's use case is essentially connecting all non identical blockchains together via the Meter bridge without having to build blockchains using a common framework (like Cosmos is doing with their Cosmos SDK or DOT is doing with their parachain ecosystem). Kind of like how DSL was the original framework of the Internet which was displaced by the Internet we know today. As such Meter aims to become the "chainlink of interoperability" running in the background and I genuinely think they're going to make it. They've already connected a project on coinbase Ampleforth (AMPL) to ethereum and binance smart chain without AMPL needing to build a bridge. They're partnered with LINK, EGLD, MATIC, ANKR and a few others already, too. What's more the meter blockchain is dual consensus PoW / PoS so speed, security and decentralisation are preserved respectively so helping to solve the blockchain trilemma pretty effectively if I'm honest. The MTRG token is the PoS governance token and MTR is the PoW stablecoin gas token pegged to the cost of 10KW of electricity (hence the name Meter), designed as a hedge against inflation to preserve wealth as the cost of inflation adjusted 10KW electricity has been stable across all countries for over a hundred years thus completing Satoshis original vision of banking the unbanked without the risk of devalued currency. I've linked the whitepaper below for anyone interested. It's a long term hold for me for sure. https://docsend.com/view/6gebiph

MyFeetLookLikeHands

Yeah it comes from a cut of what the miners mine. They will end up getting about 40% of the MTR they mine – which would still be more in $$$ than if they mined Bitcoin. The other 60% goes to stakes and for the ecosystem as a whole

Public-Debate453

As you said you felt more confident with those stablecoins like USDT / USDC because low volatile and liquidate, but I would said $USD still the best according to your measurements. ​ $USD backed by U provides an interesting solution to stablecoin in purchaing power.. $USDT backed by Tether and their $USD reversed in their bank account. Why you trust Tether company instead of US Gov.? I can't understand. Why lots of people covert their paper money into crypto assets due to the counterparty risk and inflation, even though they seem "stable" and liquidate. Do you really think USD stable? stable in purchasing power? ​ I felt confident with BTC ETH that is because they are decentralized and not required to trust a third party. All other paper moeny and fiad-backed stablecoin bearing counterparty risk from the currency issuer. Project [meter.io](https://meter.io) provide an interested solution for stablecoin: **Stable**, Meter metastable coin, $MTR is #PoW mined, you get 1MTR for each 10kwh of electricity with BTC miner, electricity is the most stable in purchasing power. Meter user avoid bearing counterparty risk and not required to trust a third party for the Meter blockchain to operate.

Public-Debate453

Agree with that, if you were in crypto space more than 3-4 years, you will know how difficult a blockchain products to be built, not like the token price pump is so easy. [Meter.io](https://Meter.io) is one project back from 2018 and focus on the balance the Decentralization, Scability and Security with combine PoW and PoS Consensus. $MTR as meta-stable gas coin peg 10 kWh of electricity using SHA256 PoW, uncheatable and stable in purchasing power. Unlike other #PoS ERC20 stablecoin or paper money managed centralized, what they could mint/print without limitation no cost. $MTRG PoS goverment token for blocks data recording and focus on break the walls of crypto space and providing freedom for connecting people and assets, now the product #MeterPassport can let you move your asset from Ethereum chain, BSC and Meter chain easy. It take around 6-8 minutes to transfer your assets between different chains, solana chain asset is also avaliable in #MeterPassport soon.

ProBlorger

Yup, it's pretty easy. You get rewards for posting and replying. NRG is what you use to post/reply. NRG is recovered daily and increases as you get more MTR. MTR is your earned rewards which can be traded on Uniswap for ETH. I like the concept, but browsing the lairs (subreddits) isn't as smooth as reddit. The competition for quality content is pretty low so it would be fairly easy to make MTR right now.

Ahzumer

Exactly! The CEO of Meter gave another AMA yesterday and said this: "Our metastable gas token MTR is actually pegs to 10kwh of electricity used in PoW mining on mainstream BTC miners" just look check "powerpoolsgems" on twitter or reddit. They hosted the AMA

TheDefiOracle

Hey everyone, I just wanted to give you all the opportunity to pack your bags with **METER** before it blows the roof off as mainnet just launched yesterday- (EMTRG, MTRG) EMTRG is the wrapped in Ethereum version of MTRG and they are creating a bridge to move between the two. This project also includes MTR and EMTR which is the stable coin tied to the global price of electricity instead of the dollar, which is brilliant as it's much more stable than any other stable coin thus far. This project is so much more though. It would take me way too long to explain it all but they are backed by **Pantera** Capital and official partners of **Chainlink** and **Elrond** to name a few. The official Chainlink Youtube channel interviewed them and are very bullish on this project and LINK has officially endorsed and partnered with Meter. At only a 7 million market cap this one is a no-brainer. You can also stake your MTRG for passive yields. Act now folks, this is a boat you do not want to miss! You're welcome!

coinfeeds-bot

tldr; Den Social is a crypto-based social media platform that aims to fight spam and low quality content while also giving creators, curators, and community owners the ability to monetize their time on the platform. Incentivizing interaction can be good for boosting engagement, but it can also lead to excessive spam. The more value a user contributes to the community, the more MTR tokens they can earn. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*