Review on Meter by Adedayo Adeniji
METER
Meter connects to ethereum and other public blockchains as layer 2 protocol which is highly decentralized ethereum scaling solution.
Meter being a layer , permissionless, low volatility without collateral, oracle, or regulatory risk makes it a better one for anyone and everyone as an essential commodity.
You can enjoy a full decentralized services with it as it can not be manipulated as it can be created and collateral vis not required for creating it which in return makes it immutable. You can enjoy fast and scalable transactions with it.
You can use it for daily payments backed with store value and as a developer you can develop decentralized finance applications with it.
It is a very viable, reliable and scalable project with great functionality and I recommend it to you.
Pros
- It is decentralized
- It avoids counterparty and regulatory risk
- It is immutable and scalable
- It offers instant transfer
- It does not require collateral for its creation.
Cons
- Its wallet is not mobile devices accessible
- Market competitiveness to deal with
