Metronome cryptocurrency is the next-generation digital coin with predictable development and autonomous management. The goal of the creators of this digital asset is to enable users to use crypto as a tool for storing financial resources and conducting anonymous transactions.
General information about Metronome
Cryptocurrency coin Metronome appeared on the crypto market in the summer of 2018. At the same time, work on the development of this asset began in 2017.
The Metronome crypto project is the result of the work of the Bloq company, which develops advanced software products in the field of finance. As a technical basis for this cryptocurrency platform, experienced programmers and pioneers of the crypto market took the concept of creating a new generation of digital currency, which has several distinctive characteristics from traditional crypto coins.
Features and characteristics of Metronome
Bitcoin and Ethereum are popular among users and participants of the cryptocurrency market, which ensured the growth of exchange rate quotations of these coins. Although these coins have extensive functionality, they still have some serious flaws in terms of technical and conceptual components. The negative side of these coins is the impossibility of conducting transactions between other cryptocurrency block structures.
Based on the presence of this problem, the creators of Metronome decided to make serious changes in the work of the cryptocurrency industry. The task of the authors of the MTN coin is to create a universal payment instrument. Thus, the Metronome team hopes to accelerate the speed of popularization and development of the cryptocurrency market by providing users with a flexible tool that minimizes the volatility of such digital assets and simplifies user interaction with crypto.
Also, representatives of the Metronome development team, based on their project, are going to create a new cryptocurrency platform that is resistant to external influences and has a high level of stability to ensure the smooth processing of ongoing financial transactions between participants in the crypto network.
To achieve the stated objectives, the creators of the coin at all stages of its development followed three basic principles:
- providing full self-government within the crypto network. Thanks to this solution, third parties will not be able to interfere with the operation of the site, which makes it more stable and secure even for large financial transactions;
- stability and reliability of the functioning of the crypto network. One of the goals of the development and subsequent launch of Metronome is to create a value detection system to prioritize and predict the future direction of the market. At the same time, such a principle should also help ensure the sustainability of the initial value of the MTN token over a long period;
- conducting transactions between different cryptocurrency blocks. Due to the cross-block nature of the platform structure, users have the opportunity to carry out multi-chain transactions. At the initial stage of development, the MTN coin will appear inside the Ethereum crypto network, after which work will begin to ensure compatibility of this token with Ethereum Classic, Rootstock, Bitcoin, and Qtum.
All this will enable users to independently choose the blockchain that is most suitable for them in terms of the main parameters and principles of management and security.
Advantages of Metronome
The main positive aspects of this token include:
- implementation of the principle of autonomous management of smart contracts;
- strong resistance to disagreements arising within the crypto community and between individual users, which ensures the stability of the crypto network;
- providing open access to all functions of the cryptocurrency platform to each of its participants;
- the decentralized structure of the project, ensuring the transparency of its work;
- a high level of reliability of the functioning of the crypto network and resistance to external influences of various factors;
- the use of cross-block technology, which provides users with the opportunity to carry out transactions using various crypto coins;
- the use of advanced technologies for protecting crypto coins from problems associated with the governance structure and instability of crypto coins;
- development of new technical capabilities for the import and export of tokens;
- as the platform develops and becomes popular among users, the list of supported blockchains is expanded;
- conducting transactions at high speed up to 30 seconds;
- the presence of a built-in function of simultaneous execution of several payments;
- the ability to create subscriptions to send recurring or regular payments to previously specified details;
- full technical compatibility of the MTN coin with the ERC-20 and ERC-827 software algorithms;
- due to the support of the ERC827 standard, access to a wide range of functions for transferring digital money between users and a deeper decentralization of the crypto network is provided.
Based on the listed positive features of the MTN coin, we can conclude that its creators have made serious efforts to develop it and provide users with new unique functions that improve interaction with the crypt.
Disadvantages of Metronome
The fact that Metronome has some distinctive advantages did not affect the fact that this project has several disadvantages.
The negative aspects of this crypto platform include:
- the start of the project during the height of the crisis in the cryptocurrency market. It negatively affected the pace of its popularization;
- lack of sufficient funding to support the development of new technologies;
- delaying the implementation of improvements and fixes in the project structure;
- there is nowhere to mine MTN coins. It is due to the lack of the possibility of mining this asset, including the use of a cryptocurrency pool for these purposes.
It is important to understand that the future perspective of the Metronome cryptocurrency will depend on the general situation in the crypto market and on the work of the coin creators to eliminate technical shortcomings.
