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Meter is a high-performance infrastructure that enables the scaling and connection of the financial Internet in a multi-chain future. It offers three core offerings for smart contracts to scale and travel seamlessly through different blockchain networks:
1. Crosschain-Interoperability: Meter Passport (passport.meter.io) serves as the official bridge for Ampleforth, Moonbeam, Theta, and other networks. 2. Scalability: It provides an Ethereum compatible Layer-1/2 chain based on the state-of-the-art HotStuff PoS consensus, similar to Facebook Libra. 3. Uncensorable money: Meter includes a built-in Metastable gas token called MTR, which is mined by consuming 10 KWH electricity using SHA256-PoW. This approach ensures that electricity, proven to be more stable adjusted for inflation than any fiat currency, backs the token.
Information
What is Meter?
Meter is a high-performance infrastructure that scales and connects the financial Internet in a multi-chain future. It enables smart contracts to scale and seamlessly travel through heterogeneous blockchain networks with its three core offerings:
1. Crosschain Interoperability - Meter Passport (passport.meter.io) serves as the official bridge for projects like Ampleforth, Moonbeam, Theta, and many others.
2. Scalability - Meter is an Ethereum-compatible Layer 1/2 chain based on the state-of-the-art HotStuff PoS consensus, similar to Facebook Libra.
3. Uncensorable money - Meter has a built-in Metastable gas token called MTR, which is mined by consuming 10 KWH of electricity using SHA256 PoW. It has proven to be more stable, adjusted for inflation, than fiat currencies.
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