Review on Metronome by Japheth Ayuba
The Metronome Project
The Metronome projectwas developed by big time Bitcoin early developer Garzik who saw the high volatility the Bitcoin's price regularly experience by implementing a smart contract to the code which auctions new tokens to the the total supply in order to prevent inflation that will result in price volatility. The Project has its own wallet that is available for Android devices, iOS mobiles and Windows PC. There are many functionalities added to the wallet such as recurring payments which allows a user to make payments regularly at a specified time and specified amount. There is also this Masspay feature that makes one pay the transaction fees of sending one payment when one could be making a transaction to a number of people at a time. The Metronome project native token is the MET which is basically an ERC-20 compliant token but uses chainhop that allows the crossing of this token into the ethereum classic blockchain. With other upcoming plans to bring more blockchains to the table, the project still looks forward to more developments. It's creators have left the project in the hand of the community letting the community determine any new implementation into it's source code which makes this project focused on decentralization. It will only take time before this project skyrocket itself to the moon and is sure a good deal for anyone and virtually everyone
Pros
- The metronome project supports it's wallets on both PC and mobile devices
- The speed of making a transaction using it's native token MET is usually in seconds (depending on the Blockchain though)
- There is an option for making recurring payments
- Mass pay feature that allows one make payments to a number of entities but paying transaction fee for only one
- There is a smart contract that auctions new tokens so as to provent inflation as in the case of many other cryptocurrencies
Cons
- No negative comments
