Metronome Update — October 2018

MetronomeDAO
3 min readNov 1, 2018

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The month of October was pretty big for Metronome and cryptocurrency in general. Ten years ago the Satoshi Whitepaper was released, and just last year Jeff Garzik and Matthew Roszak announced Metronome at Money 2020 in Las Vegas. Since the last update post, there have been a few progress updates the Metronome team wanted to share with the community.

Ethereum Classic Chain Hop Testing and Auditing On-Track

The Metronome team is pleased to announce that the testing and auditing of the Ethereum Classic contract deployment is in full swing and receiving the same careful auditing that the first contracts had. This process, while laborious, is on track for the Q1 2019 contract deployment. Technical documentation on Cross Chain is also in a last round of editing, soon to be published for the community to review.

Mobile wallet support coming soon

The Metronome mobile wallet’s release is right around the corner. . While the community was able to store and send MET via third party mobile wallet applications like Jaxx, the Metronome wallet team made native access to the Auction and Converter in a mobile package a top priority.

The wallet developers are happy to announce that the wallet will be available soon, with both iOS and Android likely to be released at the same time instead of the staggered approach previously communicated. We also anticipate UI/UX updates to the desktop wallet.

Mass pay in action

Some of the most exciting features that Metronome has — though are sometimes overlooked — are its mass pay and subscription features. Though there have been numerous examples of mass pay in action, let’s take a moment to highlight one in particular.

Matthew Roszak was recently invited to a University of Chicago Blockchain Technology course to guest lecture on the blockchain, the industry, and Metronome. As he wrapped up his talk, he decided to give about $5 worth of MET to each student that provided their ERC20 compatible wallet.

This was an obvious opportunity to utilize the mass pay feature to avoid incurring duplicative fees to send MET to these students with one transaction.

Whether submitting batch payments, or giving MET as a gift to multiple people, mass pay is a helpful tool to get the job done.

Metronome, a year in review

Finally for this post, the team wanted to take a moment to reflect back on the year, Metronome, and the wonderful community that has built itself around this autonomous cryptocurrency.

A community of just 120 Telegram members in early November 2017, now boasts 16.8k, with active Medium and Twitter pages to boot. Its mailing list for updates and content has swelled to over 62k subscribers, and each piece of mail that goes out is well received. The community has even seen volunteer community leaders step forward to help educate, moderate, and build Metronome’s community(ies).

Both before and after launch, Metronome team members traveled the world to talk about the merits of a fully autonomous, cross-chain cryptocurrency. Today at World Crypto Con, there is an entire hackathon/day long workshop with a focus on building use cases for Metronome — with MET prizes available.

The community has built strong friendships, provided input into the Metronome ecosystem, and taught each other about why Metronome stands out. Through auditing, launching, and building together, our year has been announcements to audits, from building to launches — and one year from now we’ll look back again in awe at what more we, as a community, has accomplished.

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MetronomeDAO
MetronomeDAO

Written by MetronomeDAO

A community-drive DeFi ecosystem. Our first protocol, Synth, is now live in beta - https://app.metronome.io

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