Review on Metacoin by Douglas Cachazo
Metacoin (MTC): Currency created on the hyperledger block chain
The computing giant IBM bets on this hyperledger blockchain to use it in its developments involving the blockchain, that says of its importance, Metacoin is a currency created on that chain.
Currently there are many cryptographic projects developed in different chains that when developing financial products have had friction problems, that is what is sought with this currency by the chain in which it was created to eliminate all friction in the defi that are developed.
Behind the project there are partners among which are IBM, Bittrix, liquid and others, also an open source and decentralized development community, which have been able to successfully achieve their work path from 2018 to 2020, they have not yet updated their work path for 2021 to 2022.
Because of the goodness of the coin it can be perfectly used to develop new highly reliable defi applications, under the Hyperleadger chain.
The coin already has its own Metawallet wallet which is available for Google Chrome and Microsoft Edge browsers.
Due to the characteristics of the coin, the chain on which it was developed and the developers, we are in the presence of a project with a future that will have many use cases, and which will have to be monitored.
Pros
- Promising coin developed under hyperledger chain
- Good team of developers behind the project
- Will allow frictionless defi creation
- Successful roadmap
- Has its own metawallet wallet available on chrome and edge
- Forward looking project
Cons
- Nothing to say
