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Topic: [ANN] Metronome, an autonomous cryptocurrency with predictable supply - page 2. (Read 30118 times)

newbie
Activity: 258
Merit: 0
Read the June 2019 Metronome ($MET) update to learn more about the first chainhop between Ethereum and Ethereum Classic, community engagement, and what's next.

https://medium.com/@MetronomeToken/metronome-update-june-2019-dace241c10d0
newbie
Activity: 258
Merit: 0
Metronome Delivers World’s First Cross-Blockchain Transfer Capability: Chainhop Feature Advances the Vision of a Built-to-Last Cryptocurrency

https://www.businesswire.com/news/home/20190626005869/en/Metronome-Delivers-World%E2%80%99s-Cross-Blockchain-Transfer-Capability
newbie
Activity: 258
Merit: 0
newbie
Activity: 258
Merit: 0
newbie
Activity: 258
Merit: 0
"Today, a Metronome lily pad will be deployed on the Ethereum Classic chain and, following 48 hours, will be used to allow Validators to switch from testnets to mainnets." Metronome chief designer Jeff Garzik announces.

https://medium.com/@MetronomeToken/first-anniversary-first-chainhop-888ca88268dc
newbie
Activity: 258
Merit: 0
Come learn about @MET_Token, the built-to-last #cryptocurrency, in #Chicago on July 10th! Project lead @JordanJKruger is in town to present Metronome and field questions from the community. Limited space, so RSVP soon!

https://medium.com/@MetronomeToken/metronome-meetup-chicago-july-10th-510b4ac44e07
newbie
Activity: 258
Merit: 0
Chief designer Jeff Garzik and principal engineer Manoj Patidar do their deepest dive into Metronome's code

https://youtu.be/N5sNjKhRQwU
newbie
Activity: 258
Merit: 0
Read the May 2019 Metronome update to learn more about the team's presence at Consensus 2019 and ongoing work on the Validator Network.

https://medium.com/@MetronomeToken/metronome-update-may-2019-2feaed874547
newbie
Activity: 258
Merit: 0
Why tokens in circulating are increasing regularry? They are unlcoked some tokens?  How many max tokens there will be? Team tokens have vesting period? For how long?

Hi,

So the contracts autonomous auction off 2,880 MET on a daily basis. You can view the supply schedule in the owner's manual (link: https://github.com/autonomoussoftware/documentation/blob/master/owners_manual/owners_manual.md#supply-schedule).

You can read about the token lockers there as well, but also there is a medium post that explains them (link: https://medium.com/@MetronomeToken/on-metronome-author-retention-and-contract-behavior-73dad8f16494)

Thanks,

So there will be unlimited tokens? Or their issuing will be stopped at some moment? Do you going to launch own blockchain and when mainnet is planned?

Mintage is ongoing. The Metronome Owner's Manual (as well as other documentation) actually covers supply. There was 10 million on day zero. 8 Million were available for purchase during the initial supply auction. Once the initial supply auction ended, the daily supply lots began, these mint at the rate which is greater i) 2880 Metronome daily or ii) 2% of the then-outstanding supply annually, ad infinitum. So 10 million + 2880 daily
https://github.com/autonomoussoftware/documentation/blob/master/owners_manual/owners_manual.md#supply-schedule

You can also read about the motivations for this in the owner's manual under the "motivations" section.

Also, Metronome launched a fully functional cryptocurrency, it rides ontop of other blockchains. I highly encourage you read the owner's manual, as it describes Metronome, its intentions, its designs, and how it works.

Thanks,
hero member
Activity: 1610
Merit: 508
Why tokens in circulating are increasing regularry? They are unlcoked some tokens?  How many max tokens there will be? Team tokens have vesting period? For how long?

Hi,

So the contracts autonomous auction off 2,880 MET on a daily basis. You can view the supply schedule in the owner's manual (link: https://github.com/autonomoussoftware/documentation/blob/master/owners_manual/owners_manual.md#supply-schedule).

You can read about the token lockers there as well, but also there is a medium post that explains them (link: https://medium.com/@MetronomeToken/on-metronome-author-retention-and-contract-behavior-73dad8f16494)

Thanks,

So there will be unlimited tokens? Or their issuing will be stopped at some moment? Do you going to launch own blockchain and when mainnet is planned?
newbie
Activity: 258
Merit: 0
Why tokens in circulating are increasing regularry? They are unlcoked some tokens?  How many max tokens there will be? Team tokens have vesting period? For how long?

Hi,

So the contracts autonomous auction off 2,880 MET on a daily basis. You can view the supply schedule in the owner's manual (link: https://github.com/autonomoussoftware/documentation/blob/master/owners_manual/owners_manual.md#supply-schedule).

You can read about the token lockers there as well, but also there is a medium post that explains them (link: https://medium.com/@MetronomeToken/on-metronome-author-retention-and-contract-behavior-73dad8f16494)

Thanks,
hero member
Activity: 1610
Merit: 508
Why tokens in circulating are increasing regularry? They are unlcoked some tokens?  How many max tokens there will be? Team tokens have vesting period? For how long?
newbie
Activity: 258
Merit: 0
Read the latest Metronome update to learn more about the team's presence at Consensus2019 in NYC May 13-15

https://medium.com/@MetronomeToken/metronome-update-april-2019-7067b1187ed5
newbie
Activity: 258
Merit: 0
newbie
Activity: 258
Merit: 0
Why on this Hackaton in Singapore Jeff Garzik was presented as SEO of BLOQ? Why not like CEO of Metronome? Is he is still a CEO of Metronome and working on this project?

https://twitter.com/QtumOfficial/status/1087144300918566912

Jeff is still part of the Metronome team - He also works on other projects. Metronome is one of the projects that BloqLabs (part of Bloq) helped build and launch - https://www.bloq.com/innovation/

Thanks,
hero member
Activity: 1610
Merit: 508
Why on this Hackaton in Singapore Jeff Garzik was presented as SEO of BLOQ? Why not like CEO of Metronome? Is he is still a CEO of Metronome and working on this project?

https://twitter.com/QtumOfficial/status/1087144300918566912
newbie
Activity: 258
Merit: 0
I heared that many people say that Metronome created to be the last cryptocurrency which will survive even if all another will be destroyed. Is that true?

Hi,

Portability is part of Metronome's endurance. Since it rides ontop of other chains and is portable, this means that an owner can move their MET to a different chain to secure it, should they feel the one it is currently on does not fit their current needs -- security, governance, or otherwise.

The team published a post that actually discusses why the team felt portability to play an important role: https://medium.com/@MetronomeToken/why-portability-matters-in-a-built-to-last-cryptocurrency-e00a463333a5

Cheers,
member
Activity: 924
Merit: 11
I heared that many people say that Metronome created to be the last cryptocurrency which will survive even if all another will be destroyed. Is that true?
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