DAEX DAX to Metronome MET Exchange

Crypto Pair Details: DAX to MET

DAEX DAX

DAEX is a clearing solution for centralized cryptocurrency trading exchanges. Its clearing service is based on distributed ledger technology. Clearing and settlement rules are preprogrammed into clearing smart contracts on the DAEX clearing chain. The clearing process is automatic without people’s interference. The objectivity of clearing is guaranteed by the consensus mechanism on the clearing chain. Also, customers’ digital assets are registered and stored on the DAEX’s clearing chain. No other institutions or individuals can access these assets without the owner’s permission.

Metronome MET

Metronome, found online at Metronome.io, under the symbol MTN. The cryptocurrency promises to deliver “institutional-class endurance” with cross-blockchain compatibility.The currency is being developed by Bloq, which announced Metronome in October 2017. Metronome is launched in early December 2017, with the first cross-chain transfers (between Ethereum and Ethereum Classic) scheduled for Q1 2018. Metronome released in December 2017. By Q1 2018, Metronome aims to become the world’s first cross-chain compatible cryptocurrency by adding Ethereum Classic support (the currency is initially built on Ethereum). Metronome’s cross-chain compatibility system involves creating exit receipts when leaving the chain and entering a new chain.

SOURCE: COINGECKO

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