Blog - Meter

Meter's Monthly Newsletter - March 2020

Hello Meterians! We’re living in crazy times right now. We hope that you, your family, and your friends are all safe and healthy and coping well with this Coronavirus madness. Despite the crisis, we’ve continued building, testing, and growing our community. Check out...

What led to MakerDAO's loss of $4.5 million after ETH's price crashed?

The perils of using volatile cryptocurrency as collateral to create money. You’re probably aware that the prices for most cryptocurrencies dropped like a rock yesterday. At one point during the day, Bitcoin was down over 40%, the price of Ether was essentially...

Meter's Monthly Newsletter - February 2020

Hello Meterians! Wow, has February flown by! We’ve been cranking on some great programs and improvements all month. Check out below for everything that’s been going on! Testnet and Development Updates The Meter testnet has grown to over 70 nodes! Meter is still...

The bZx Attacks - What Went Wrong and the Role Oracles Played in the Exploits

The bZx attacks can be attributed to a number of reasons, one being the use of a single price oracle. Over the last few days, decentralized trading and lending platform bZx was attacked twice. These attacks resulted in nearly $1 million of profits gained by the...

Meter's Monthly Newsletter - Dec 2019 / Jan 2020

Hello Meterians! We hope you had a great holiday season and that 2020 is going well. It’s been a while since our November newsletter. A big reason why we missed the December update (and combined it with this January update) is that the entire Meter team has been...

The Search for a Better Payments Currency in South Africa: The Story of PO Tsele

PO Tsele uses Bitcoin for payments everyday, but knows it isn’t perfect. So he has been searching for a better currency, and that’s when he discovered Meter. PO Tsele is an entrepreneur and active member of the Meter community. He has been using Bitcoin for everyday...

The Meter Testnet is Now Completely Run by Community Validator Nodes

As of January 10, 2020, the Meter testnet is being completely run by community validator nodes! Meter’s Warring Stakes incentivized testnet launched on December 10th, 2019. 56 validators submitted applications to participate. And even though the holiday...

Why did Pantera Capital invest in Meter?

Pantera Capital is the first institutional fund in the US to invest in Bitcoin, holds one of the largest cryptocurrency portfolios, and is an investor of Meter. Since 2013, Pantera has focused on investment in the blockchain field, and has continued to invest in...

The Case for a Decentralized Financial (DeFi) Infrastructure Built on Sound Money

A decade ago, the founder(s) of the Bitcoin protocol envisioned the establishment of a financial infrastructure more suited to our modern times. It needed to be decentralized, secure, and tamper/fraud-proof. And, of course, the now-iconic ‘Peer-to-Peer Electronic Cash...