Metal Blockchain METALPrice $ 0.132

Metal Blockchain is a layer zero blockchain that allows any chain to deploy and find consensus through the Snow protocols (introduced by Avalanche) allowing it to run on a highly efficient model of Proof-of-Stake (PoS), eliminating the need for Proof-of-Work (PoW). Metal improves upon the initial work of Avalanche by adding a fourth subchain (A Chain) to offer a more resource efficient layer for payments and decentralized finance: Proton (based on EOSIO protocol, adding WASM). Additionally $METAL posits it can remove the need for external wallet software outside of the browser, creating a more native Web3 experience by adding Web Authentication (WebAuthn) support for EVM. The highly inefficient consensus of PoW has opened the door for many enthusiasts of top blockchains such as Bitcoin, Dogecoin and Ethereum to begin the transition to PoS. Through creating a base-layer ($METAL) and custodially wrapped tokens (xTokens) on Proton, mainnet blockchains can transition from PoW to PoS. $METAL eliminates the need for centralized bridges by allowing exchanging between the Proton (A chain) and Exchange (X Chain) subchains, eliminating the risk of bridge-hacking, a growing problem in the world of cryptocurrency.