Thursday, June 27, 2019

Metronome unveils cross-blockchain token transfer capability

KUALA LUMPUR, June 27 (Bernama) -- Metronome, a wholly autonomous cryptocurrency has initiated the first-of-its-kind transfer of MET tokens from one blockchain to another – Ethereum ($ETH) to Ethereum Classic ($ETC).

The chainhop feature advances the vision of a built-to-last cryptocurrency which is available to all Metronome users, representing a significant step in how the financial and technology industries could approach cryptocurrencies as an enduring asset class.

The cryptocurrency-to-native-blockchain relationship potentially jeopardises the safety of one’s digital assets as it is wholly dependent on the stability of the community that maintains the currency and its blockchain, according to a statement.

With the introduction of Metronome’s chainhop capability, the Metronome team shows it is possible to maintain user’s holdings in a cryptocurrency and choose the blockchain ledger that most suits one’s requirements for stability and governance.

The cross-chain capability is available via the Metronome desktop wallet (Windows, MacOS, and Linux), as well as the mobile wallets for iOS and Android, while for developers, all components are available on GitHub.

For more information, contact https://metronome.io.

-- BERNAMA

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