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THE NEXT GENERATION OF BLOCKCHAINS

Metal blockchain (METAL) is a layer zero blockchain (L0) that allows any chain
to deploy and find consensus through the Snow protocols allowing it to run on a
highly efficient model of Proof-of-Stake (PoS), eliminating the need for
Proof-of-Work (PoW).




METAL BLOCKCHAIN

The next generation of blockchains, will be built on Metal Blockchain.


CONSENSUS

Avalanche, Snowman and Antelope


TRANSACTION SPEED

4,500+ transactions per second


TIME TO FINALITY

< 0.5 seconds


COIN SUPPLY

Max Supply: 666,666,666 METAL

Initial Circulating Supply: 333,333,333 METAL


SUBCHAINS


PROTON (A CHAIN)

Built to handle payments, decentralized finance, dApps, DAOs, payment messaging
(Banks, PSPs, Fintechs) with a higher resource efficiency.


EVM (C CHAIN)

Built to handle the Ethereum Virtual Machine and for deploying Solidity
contracts that can interact with top cryptocurrencies in a trust-less
environment.


STAKE (P CHAIN)

Built for stakers to validate the Metal network or delegate to other validators
to earn staking rewards.


EXCHANGE (X CHAIN)

Built to handle cross-chain exchanging and transfers between sub-chains.


WEB AUTHENTICATION

Metal Blockchain brings Web Authentication for all transaction signing on the
Metal EVM (A, C, P, X Chains), eliminating the need for downloadable wallet
software, while utilizing the secure element (SE) of the device, essentially
turning your phone into a hardware wallet. Through the use of Web
Authentication, Metal removes the need for risky extension wallets, and instead
utilizes a more secure and convenient framework (Face/Touch/Yubi when signing)
Web Authentication in line with the World Wide Web Consortium (W3C)
recommendations.


METAL BLOCKCHAIN CONVERSION EVENT

To participate in the Metal Blockchain conversion event, the following rules
apply.


KYC’D ON PROTON BLOCKCHAIN

The Metal Blockchain conversion event is open to anyone that is Fully KYC’d on
the Proton Blockchain. There is no minimum threshold for conversion.


90 DAY EVENT

The conversion event will begin on July 29th at 00:00am. The conversion event
will end October 27th at 00:00am, or when the conversion limit has been reached,
whichever comes first.


CONVERSION RATIO

A total of up to 120,000,000 METAL can be issued in the conversion event. A
maximum of 60,000,000 MTL can be converted to METAL at a ratio of 1:2. Any METAL
not converted will go to the Metal Foundation.

SEND MTL TO @METALCHAIN

To participate in the conversion event, send your proposed allocation of MTL to
@metalchain on the Proton Blockchain. Any MTL sent from an account that is not
fully KYC’d will be returned.


METAL DISTRIBUTION

All participants will receive their allocation of METAL upon completion of the
conversion event or when the 90 days have elapsed.

Conversion can only occur during this event from fully KYC-ed/verified accounts.
Any conversion can be denied at Metallicus' discretion. Individuals on the
sanctions lists of Office of Foreign Asset Control (OFAC) - Specially Designated
Nationals List (SDN), Sectoral Sanctions Identifications List (SSI), Blocked
persons- and citizens of the following countries are unfortunately excluded from
conversion: the Balkans, Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba,
Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria,
United States of America, and Zimbabwe.



METAL BLOCKCHAIN ABSTRACT

Metal blockchain ($METAL) 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
Antelope 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.
Download LitepaperMetallicus.comProton.orgWebAuth.com
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