Pioneers in the early development of bitcoin on Tuesday announced the creation of a digital coin that is capable of operating on a variety of blockchains, the underlying digital ledger in which transactions are recorded.

The coin, named Metronome, is set for release in December, announced Bloq, a blockchain technology company, in a news release. Jeff Garzik, Bloq’s chief executive and co-founder, said Metronome is designed to work as an “autonomous cryptocurrency system that is highly resistant to governance failure and is intended to last for generations.”