What is Meter?

Meter is an advanced infrastructure specifically designed to allow smart contracts to scale and operate seamlessly across multiple blockchain networks. As a hybrid of Layer 1 and Layer 2 protocols, Meter revolves around two essential tokens: MTRG, serving as the governance token (with its ERC20 version known as eMTRG), and MTR, which functions as a stable currency token.

To ensure smooth and unrestricted transfer of financial assets among blockchains, Meter utilizes a HotStuff-based consensus mechanism that accommodates thousands of validator nodes, establishing itself as the most decentralized Layer 2 solution for Ethereum. The platform boasts the ability to handle thousands of transactions per second, resulting in near-instant transaction confirmations. Furthermore, Meter Passport allows for assets and smart contracts to move and engage across different blockchains, optimizing aspects such as price, liquidity, and yield. Notably, Meter distinguishes itself as an Ethereum-compatible platform enriched with unique characteristics. Unlike other Layer 2 solutions, decentralized exchanges (DEXes) on Meter are designed to be impervious to front-running and miner extractable value (MEV) dilemmas, ensuring transactions are both rapid and censorship-resistant. This unique blend of features positions Meter as a formidable contender in the ever-evolving blockchain landscape, demonstrating its potential to revolutionize cross-chain interactions.

Pricing

Free Version:
Free Version available.

Integrations

Screenshots and Video

Company Facts

Company Name:
Decentralized Finance Labs
Date Founded:
2018
Company Location:
United States
Company Website:
www.meter.io

Product Details

Deployment
SaaS
Training Options
Documentation Hub

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Meter Categories and Features

Meter Customer Reviews

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  • Reviewer Name: A Verified Reviewer
    Position: COO
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
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    Meter is the future

    Updated: Nov 18 2021
    Summary

    Meter is an amazing layer 1 and layer 2 solution for Ethereum. It is like Polygon/Matic but better. It also has a proof of work element to it that makes it much more secure. I think Meter is the future of layer 2 on Ethereum.

    Positive

    Meter is lightning fast, and solves all of Ethereum's scaling problems. They have a very unique whitepaper in that they have their own native stablecoin (MTR) that is pegged to the price of 10kWh of energy, rather than to a fiat dollar amount. They also offer MTRG, which is the governance token (or eMTRG if you want to buy the ERC-20 version of the token). The VoltSwap cross-chain DEX built on Meter is fantastic, and the Meter Passport (cross-chain bridge) works extremely well and is constantly onboarding new chains like Moonriver, etc.

    Negative

    None so far. Only thing is we need more developers building on Meter ASAP.

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