Meter is DeFi infrastructure with a built-in, crypto-native,
metastable currency, MTR.
It uses HotStuff based PoS consensus with MTRG (Meter Governance
Token) to manage the blockchain ledger. Meter functions as a
highly-decentralized, high-performance side chain for Ethereum and
other public chains.
We are working to achieve three things with Meter’s DeFi
infrastructure:
01
Complete Bitcoin’s original vision and create a metastable sound
money independent of the fiat system.
02
Address performance issues that current chains are facing with our
Hybrid PoW/PoS + HotStuff consensus that is backward compatible
with Ethereum.
03
With other public chains like ETH and run as a side chain to
enable scaling and value interaction.