Review on Meter Stable by José A Rodríguez
Meter: A Partner of the Stablecoin Represantion
The world of StableCoins can be fair and practical if it is followed with care and attention to the way they were proposed in the beginning. Today, many companies have decided to start lending their services through Stablecoin actions. Such is the case of Meter, an active network providing good outcomes and better usage since its last improvement. However, the token has not yet a stable price since it still does not reach the price or value of a single dollar. As the company says they are working to promote a token that contributes to reducing volatility.
The good things of it are that it works deeply through the decentralization program that permits it to be autonomous and without risk of manipulation by third-party's associations. It works differently from other blockchains through the smart contract types of uses. There are no risks to them. In fact, it looks to reduce risks and other bugs of common malware found in open protocols.
It has registered an outstanding speed in the process. It works rapidly, and it is able to confirm thousand of transactions within seconds. Moreover, the system is so well-developed that is also able to have a hybrid process for saving the tokens created, and the ones that were born from the core. It means, it works with two external processes without connecting them, but having outcomes of each one.
However, this blockchain requires big electricity consumption to take every single process. In some way, it is not worried by the world change and health since measures of care have not been taken. That is a possible issue that is going to present consequences with time, although until now it can be still solved by applying for better integrations in the smart contracts.
Meter is looking for being help for every user and provides them better access to fair economics. It certainly has good usages for finances, but most of them are going to be confirmed while they advance in the roadmap.
Pros
- It has mastered a great scalability and it is looking up for more.
- The tokens operate freely through different market exchanges and provides an excellent value in liquidity since it tries to reduce volatility.
- The platform is organized, clear, and clear. All tools are integrated with care.
- It is almost about to enter in the Ethereum network. It means it will become a better token represented by the ERC-20 feature.
- The network keeps operating with two separated processes on the way the token is integrated.
Cons
- The roadmaps line is great, but the company still requires to ensure the token will be fair for future distribution since it yet does not reach the value of a dollar to be stable
