Metronome Minute: Matt Lam
Metronome is led by some of the most respected names in cryptocurrency: Chief Architect, Jeff Garzik, Chairman and co-founder, Matthew Roszak, and Chief Cryptographer, Peter Vessenes. They and the rest of the Metronome team envisioned this new cryptocurrency. This series gives a brief profile on other members of the talented team behind Metronome.
Matt Lam is the blockchain strategist for Metronome, with years of experience in both blockchain and project strategy.
Q: Matt, what is your role in Metronome?
A: I come from a consulting background and have advised financial institutions and helped them innovative their business (using various technologies including blockchain technology). Currently I’m a strategist on the Metronome project.
Q: What excites you most about Metronome?
A: Metronome is a new cryptocurrency unlike any other today. I’m excited to see how the market responds to some of the underlying economic theories embedded into Metronome, such as its descending price auction mechanic for both initial and daily auctions.
Q: What do you think has been the greatest challenge in bringing this cryptocurrency to life?
A: Like any innovator in unchartered territory, the challenge is maintaining the fine balance between pushing the boundaries of what is possible while anticipating regulations that may or may not even exist yet.
Q: What do you hope will be the most used application of Metronome?
A: My hope is for Metronome to be adopted and used for consumer payments. Other cryptocurrencies today are either too slow or volatile to be used as a practical exchange of value. Metronome will have a settlement time of 15 seconds and its constant, predictable issuance is something we haven’t seen in cryptocurrency before.
Q: Where will you be when the auction starts?
A: The auction is structured as a descending price auction so by design, it is unlikely there will be action the minute the auction starts. Like most of you, I plan on carrying on with my work day (likely at a coffee shop since we’re a fully remote company), while keeping a pulse on what’s happening with Metronome, and at the first sight of action, frantically hit refresh (only to realize how spotty the wifi / data coverage is), with the auction ending shortly thereafter.
The Metronome team is proud of all its talented and knowledgeable members and appreciates the contributions they make. To contribute to the discussion, join Metronome’s Telegram. For the latest news, and next Metronome Minute article, be sure to follow Metronome on Twitter.
More to come,
-The Metronome Team
