What is MTL: Understanding Multi-Task Learning in Artificial Intelligence

Metal's Positioning and Significance

In 2017, Marshall Hayner and Glenn Marien launched Metal (MTL), aiming to solve issues such as financial inequality and inefficient cross-border payments.

As a digital asset storage payment wallet, Metal plays a key role in the payment and cryptocurrency adoption sectors.

As of 2025, Metal has become an innovative player in the cryptocurrency payment space, with a focus on rewarding users for transactions and currency conversions. The project aims to provide comprehensive financial services for small and medium-sized businesses (SMBs).

Origins and Development History

Birth Background

Metal was created by Marshall Hayner and Glenn Marien in 2017, aiming to address issues like financial inequality and inefficient payment systems.

It was born during the cryptocurrency boom, with the goal of revolutionizing payments by rewarding users for transactions and conversions.

Metal's launch brought new possibilities for both individual users and small businesses seeking more accessible financial services.

Important Milestones

• 2017: Launch of the Metal platform, introducing the innovative Proof of Processed Payments (PoPP) system.
• 2018: The MTL token reached its all-time high of $17.03 on June 21.
• 2020: Experienced its all-time low of $0.117252 on March 13, showcasing market volatility.
• 2025: Continued development and adaptation to the evolving cryptocurrency landscape.

With support from its community and development team, Metal continues to optimize its technology, security, and real-world applications.

How Does Metal Work?

Decentralized Control

Metal operates on a decentralized network of computers (nodes) globally, free from control by banks or governments. These nodes collaborate to verify transactions, ensuring system transparency and attack resistance, granting users greater autonomy and enhancing network resilience.

Blockchain Core

Metal's blockchain is a public, immutable digital ledger that records every transaction. Transactions are grouped into blocks and linked through cryptographic hashes to form a secure chain. Anyone can view the records, establishing trust without intermediaries.

Ensuring Fairness

Metal uses the Proof of Processed Payments (PoPP) system to validate transactions and prevent fraudulent activities like double-spending. Users are rewarded with MTL tokens for making purchases, sending money, or converting fiat to cryptocurrency. This innovative approach aims to incentivize cryptocurrency adoption and usage in everyday transactions.

Secure Transactions

Metal employs public-private key encryption to protect transactions:

• Private keys (like secret passwords) are used to sign transactions
• Public keys (similar to account numbers) are used to verify ownership

This mechanism ensures fund security while maintaining a level of transaction privacy. Additional features include rewards of up to 5% in MTL for each purchase, encouraging active use of the platform.

Metal's Market Performance

Circulation Overview

As of November 18, 2025, Metal's circulating supply is 87,659,735 tokens, with a total supply of 87,659,735. The maximum supply is infinite, indicating an inflationary model.

New tokens enter the market through the "Processing Proof of Payment" (PoPP) system, which influences its supply and demand dynamics.

Price Fluctuations

Metal reached its all-time high of $17.03 on June 21, 2018, likely driven by overall market bullishness and increased adoption.

Its lowest price was $0.117252, recorded on March 13, 2020, possibly due to the global market crash during the early stages of the COVID-19 pandemic.

These fluctuations reflect market sentiment, adoption trends, and external factors.

Click to view the current MTL market price

On-Chain Metrics

• Daily Transaction Volume: $13,478.101943 (indicates network activity)
• Active Addresses: 12,719 (reflects user engagement)

Metal Ecosystem Applications and Partnerships

Core Use Cases

Metal's ecosystem supports various applications:

• Digital Payments: Metal Pay, offering seamless cryptocurrency transactions and rewards.
• Financial Services: Proton, providing blockchain-based financial solutions for SMBs.

Strategic Collaborations

Metal has established partnerships with fintech companies and blockchain projects to enhance its technological capabilities and market influence. These partnerships have laid a solid foundation for Metal's ecosystem expansion.

Controversies and Challenges

Metal faces the following challenges:

• Technical Issues: Scalability and transaction speed improvements
• Regulatory Risks: Compliance with evolving cryptocurrency regulations
• Competitive Pressure: Competition from other blockchain payment solutions

These issues have sparked discussions within the community and market, driving continuous innovation for Metal.

Metal Community and Social Media Atmosphere

Fan Enthusiasm

Metal's community is vibrant, with 12,719 holders as of November 18, 2025. On X platform, posts and hashtags related to Metal often trend, with monthly post volumes reaching significant numbers. Price movements and new feature releases ignite community enthusiasm.

Social Media Sentiment

Sentiment on X shows a mix of opinions:

• Supporters praise Metal's innovative reward system and user-friendly approach, viewing it as a potential game-changer in crypto payments.
• Critics focus on price volatility and adoption challenges.

Recent trends indicate cautious optimism amidst market fluctuations.

Hot Topics

X users actively discuss Metal's regulatory compliance, user adoption rates, and integration with traditional finance, showcasing both its transformative potential and the hurdles it faces in mainstream adoption.

More Information Sources for Metal

• Official Website: Visit Metal's official website for features, use cases, and latest updates.
• X Updates: On X platform, Metal uses @metalpaysme, with active posts covering technical updates, community events, and partnership news.

Metal's Future Roadmap

• Ongoing: Enhance PoPP system and expand financial services offerings
• Ecosystem Goals: Increase user base and integrate with more financial platforms
• Long-term Vision: Become a leading blockchain-based payment and financial services provider

How to Participate in Metal?

1. Purchase Channels: Buy MTL on Gate.com
2. Storage Solutions: Use secure wallets recommended by Metal
3. Engage in Ecosystem: Use Metal Pay for transactions and earn rewards
4. Contribute to Development: Explore opportunities to develop on the Metal platform

Summary

Metal redefines digital currency through blockchain technology, offering transparent, secure, and efficient payments with unique reward mechanisms. Its active community, rich resources, and innovative approach set it apart in the cryptocurrency sphere. Despite facing regulatory and adoption challenges, Metal's innovative spirit and clear roadmap position it as a noteworthy player in the future of decentralized finance. Whether you're a newcomer or an experienced user, Metal is worth watching and participating in.

FAQ

What does MTL stand for?

MTL stands for Metal, which is the native cryptocurrency token of the Metal Pay platform. It's designed to facilitate fast and secure digital payments.

What does MTL stand for in novels?

MTL stands for Machine Translation in novels. It refers to automated translations of texts, often used for light novels and unofficial translations.

What is MTL in vaping?

MTL in vaping stands for mouth-to-lung, a style mimicking cigarette smoking. It involves inhaling vapor through the mouth, then into the lungs.

What is MTL in the US?

MTL is a Money Transmitter License, required for businesses to legally conduct money transmission services in the US, including crypto-related operations like Bitcoin ATMs.