Metal Blockchain (METAL)
Metal blockchain, often represented by its ticker symbol $METAL, is a layer zero blockchain designed to provide a robust and efficient infrastructure for other blockchains. It leverages the Snow protocols, initially introduced by the Avalanche network, to offer a highly efficient Proof-of-Stake (PoS) consensus mechanism. This approach eliminates the need for the energy-intensive Proof-of-Work (PoW) model, aligning with a more sustainable blockchain future.
History of Metal blockchain
Metal blockchain was conceived as an evolution of Avalanche's groundbreaking work in blockchain technology. The development team behind Metal blockchain sought to enhance the scalability and efficiency of existing blockchain models. By integrating a fourth subchain, known as the A Chain, into its architecture, Metal blockchain builds upon Avalanche's framework to support a more resource-efficient environment for payments and decentralized finance (DeFi).
| Ticker | METAL |
| Category | Ethereum Ecosystem |
| Website | https://metalblockchain.org/ |
| @MetalBlockchain | |
| Telegram | MetalBlockchain |
| Contract Addresses | |
|---|---|
| ethereum | 0x29...ab Copied! |
Architecture and technology
The Snow protocols
At the core of Metal blockchain's architecture are the Snow protocols. These protocols were initially pioneered by Avalanche and have been instrumental in advancing consensus mechanisms within the blockchain space. By adopting these protocols, Metal blockchain ensures high throughput and low latency, making it suitable for a wide range of applications.
Proof-of-Stake consensus
Metal blockchain employs a Proof-of-Stake (PoS) consensus model, which stands in contrast to the traditional Proof-of-Work (PoW) systems. PoS is known for its energy efficiency and ability to scale, as it does not require the intensive computational power characteristic of PoW. This makes Metal blockchain an environmentally friendly option for developers and users.
The A Chain and Proton
A distinguishing feature of Metal blockchain is the introduction of the A Chain. This fourth subchain is designed to enhance resource efficiency for applications related to payments and decentralized finance. The A Chain operates on the Proton platform, which is based on the EOSIO protocol. By incorporating WebAssembly (WASM), it ensures enhanced smart contract functionality and flexibility, making it adaptable to a variety of use cases.
Applications of Metal blockchain
Metal blockchain's architecture is particularly suited for applications that demand high efficiency and scalability. Its integration of the A Chain and Proton makes it an appealing choice for developers focusing on payments and decentralized finance. The blockchain's design allows for seamless deployment of new chains, which can find consensus through the Snow protocols, thereby supporting a wide array of decentralized applications.