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Meter is a scalable, high-performance infrastructure designed to support and connect the decentralized financial ecosystem across multiple blockchains. It enables smart contracts to operate efficiently and move seamlessly between different blockchain networks through three core features:
1. Cross-Chain Interoperability â Meter Passport (passport.meter.io) serves as a bridge for projects like Ampleforth, Moonbeam, and Theta, facilitating smooth asset transfers across chains.
2. Scalability â Meter operates as an Ethereum-compatible Layer-1/2 blockchain, leveraging the advanced HotStuff Proof-of-Stake (PoS) consensus mechanism for high throughput and efficiency.
3. Decentralized Money â The network includes a metastable gas token, MTR, which is mined through SHA256 Proof-of-Work (PoW) by consuming 10 KWH of electricity. This design ensures stability, as electricity costs historically adjust more predictably to inflation than fiat currencies.
By combining these elements, Meter provides a robust foundation for decentralized applications and cross-chain transactions.
What is Meter Governance?
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Meter Governance Price Live Data
Meter Governance (MTRG) is a developing project showing potential in its niche within the blockchain space. The current market valuation places Meter Governance at $0.10 per token, reflecting a 4.74% slight decline in value during the past 24-hour trading period. This price movement indicates slightly negative market activity within the MTRG ecosystem. Investor engagement with Meter Governance remains lower, with $99,393.969 in trading volume recorded across various trading platforms over the last 24 hours. This level of liquidity highlights MTRG's declining interest and utility within the broader cryptocurrency landscape For comprehensive details regarding Meter Governance's development roadmap, technical specifications, and community initiatives, interested parties are encouraged to visit the project's official resource hub at https://www.meter.io/.
