The mobility means that if one blockchain dies out as the result of infighting among developers or slackened use, metronome owners can move their holdings elsewhere. That should help the coins retain value, and ensure their longevity, Garzik, co-founder of startup Bloq that created metronome, said in a phone interview. It will be unveiled Tuesday at the Money 20/20 conference in Las Vegas.”Institutional investors should be very excited to see something like this,” Matthew Roszak, the other co-founder of Bloq and chairman of industry advocate Chamber of Digital Commerce, said in a phone interview. “We’ve built a thousand-year cryptocurrency, something that’s built to last.”That’s a concern for many digital currencies. Infighting among developers and various supporters, and the slow pace of enhancements on the bitcoin blockchain have helped to limit use. Both bitcoin and its main rival, ethereum, have split into several versions.More splits could be coming — partly, thanks to Garzik, who is a proponent of and a developer for an upgrade to the bitcoin network called SegWit2x, which offers one way to speed up transactions. That split could happen in November.
Source: Bitcoin Pioneer Says New Coin to Work on Many Blockchains – Bloomberg
A useful feature for a coin.
Robin Edgar
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