Jeff Garzik, one of the earliest Bitcoin developers, has formally launched an altcoin, dubbed Metronome, which backers allege will be the first cryptocurrency to offer “institutional class” endurance.

Metronome had first been announced by Bloq, Garzik’s blockchain development firm, back in Oct. 2017, when the cryptocurrency market was in the early stages of a parabolic fourth-quarter rally.

The announcement was quite controversial at the time, particularly since Garzik was also the chief developer for SegWit2x, a bitcoin scaling upgrade that caused a sharp divide within the cryptocurrency community and ultimately failed to activate when its planned launch date arrived in November.

Metronome’s selling point is that — using a system of smart contracts — tokens can be exported and imported across a variety of different blockchains without altering the total MET supply. Bloq boasts that this ensures that Metronome will last for “generations,” even if individual underlying blockchain networks fade into obscurity.

“Institutional investors should be very excited to see something like this,” co-founder Matthew Roszak said last year. “We’ve built a thousand-year cryptocurrency, something that’s built to last.”

For his part, Garzik — who first contributed to the Bitcoin codebase in 2010 but has not contributed to the Bitcoin Core repository since 2015 —  has said that Metronome is the cryptocurrency he would have built if given a clean slate.

“Today, bitcoin faces existential threats from forks, developer drama and so on. Knowing what we know and having a clean sheet of paper, we asked what would we build and the answer is this.”

Unlike most initial coin offerings (ICOs), metronome is being distributed through a descending price auction, meaning that the crowdsale price decreases over time until no more tokens are remaining. Developers argue that this will reduce FOMO-driven buying and help with price discovery.

Consequently, contributions have been slim during the early hours of the crowdsale, with at least several investors stating on social media that they misunderstood the terms of the sale and thought that the price would go up — not down — as time passed.

As of the time of writing, just 87 of the 8 million MET had been sold, with the price floating at just above 1.85 ETH per token. However, the pace of contributions will likely quicken as the price declines over the next several days.

Source: https://www.ccn.com/early-bitcoin-developer-jeff-garzik-launches-new-altcoin-metronome/

Let's discuss.

What appeared to be signs of a rebound over the past day have been quashed this morning when news broke that Korea’s second largest exchange Bithumb had been hacked. Markets tumbled once again, with almost $10 billion being wiped out in half an hour. The fall as usual was led by Bitcoin which dropped $150 and settled at just over $6,600, down 1.6% on the day. Ethereum remained relatively stable and is trading at the same level as yesterday, $520. Altcoins as usual all got battered and a sea of red has now replaced the green that was there a few hours ago. Most are down 3-4% and only a couple or minor tokens are not feeling the selling pressure at the moment.

More here, https://www.newsbtc.com/2018/06/20/crypto-markets-lose-10-billion-as-altcoins-predictably-plummet-on-exchange-hack-news/

I really don't understand what makes people think that selling cryptocurrency, more especially those in the top 10 is a stupid decision.

Let's discuss.

Which is more advisable.
1. Keep bounty tokens until they become valuable or
2. Sell bounty tokens at its worse peak to obtain Bitcoin or Ethereum ?

Well, if you think the tokens that possess have a better future that's fine. But, in my case, my practice is that when I have tokens I'm selling it in exchanges either in bitcoin or ethereum but depending on their current selling price.

I guess you may have not yet come across this article, [MEW ➡ MetaMask] Moving from MyEtherWallet to MetaMask. It's solved my problems with hackers' hacking my ERC20 tokens.

Hello, OP! Why don't just create a table for airdrop, instead of creating post most of the time? This could be of help, https://www.teamopolis.com/tools/bbcode-table-generator.aspx

Mine is just a suggestion. 

Hi all. I am curious what wallets other users use, so i created this survey. I use MyEtherWallet. I like this wallet.

I do have 2 MEW wallets accounts, however, after it has been hacked repeatedly I migrated to MetaMask for all of my Ethereum and ERC20 transaction.

Using MetaMask + MEW has 3 key benefits:

1. If you use MetaMask, it is far less likely you will be phished or affected by a phishing site as your key remains in MetaMask and the fake website will not be able to steal it.

2. It is by far the fastest, easiest way to unlock your wallet via MyEtherWallet.com & completely free. You just click a button. No more searching for keys or keystore files!

3. MetaMask will block you w/a big red warning if you go to a malicious site found on this blacklists.

More, https://kb.myetherwallet.com/migration/moving-from-private-key-to-metamask.html