We’re joined by Jeff Garzik, who was among the very first developers to work with Satoshi in the early days of bitcoin. Later, he was a core developer at Bitpay and even tried to put a bitcoin node on a satellite in space. Today, he is co-founder at Bloq, a company providing enterprise-grade blockchain infrastructure. Bloq recently announced a new project called Metronome that challenges some of the design and governance principles of many public blockchain networks.
Metronome is cryptocurrency that sits on top of existing blockchains and aims to allow tokens to easily move from one network to the other. A series of standard blockchain contracts allow for daily descending price auctions to occur automatically, and for users to buy and sell the tokens using a Bancor-like system with built-in liquidity.
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