Difference between revisions of "Metis"

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Metis has developed an [[Optimistic Rollup]] solution to bundle and sequence transactions on the layer above [[Ethereum]] and then send that data back as one transaction to the [[Ethereum]] [[Layer 1]] main chain. This way, we are able to offer extremely fast transactions that take just a few seconds and cost just a few cents, while still maintaining the security of [[Ethereum]] [[Layer 1]].
Metis is an [[Ethereum]] scaling solution ([[Layer 2|Layer-2]]) originally forked from [[Optimism]]. It provides support for multiple, interconnected L2 chains with main focus on supporting easy creation of DACs (Decentralized Autonomous Companies).
 
[[File:Metis.png|thumb|150x150px|Metis Andromeda]]
The Metis Layer 2 network assumes all transactions are valid until proven otherwise (hence the “Optimistic” part of “Optimistic Rollup”). These are called fraud proofs which are submitted in case the transactions are invalid. [[Validator|Validators]] post a bond, and this is slashed for invalid transactions. This is rigorously verified by Rangers who are financially incentivized auditors or validators – they will stake and mine Metis tokens by verifying transactions. <ref>https://www.metis.io/learning-hub/</ref>
The Metis Layer 2 network assumes all transactions are valid until proven otherwise (“[[Optimistic rollups|Optimistic Rollups]]”). These are called fraud proofs which are submitted in case the transactions are invalid. [[Validator|Validators]] post a bond, and this is slashed for invalid transactions. This is rigorously verified by Rangers who are financially incentivized auditors or validators – they will stake and mine Metis tokens by verifying transactions. <ref>https://www.metis.io/learning-hub/</ref>


== References ==
== References ==
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<references />
[[Category:Optimistic rollups]]
[[Category:Optimistic rollups]]
[[Category:Layer 2]]

Latest revision as of 23:38, 24 May 2022

Metis is an Ethereum scaling solution (Layer-2) originally forked from Optimism. It provides support for multiple, interconnected L2 chains with main focus on supporting easy creation of DACs (Decentralized Autonomous Companies).

Metis Andromeda

The Metis Layer 2 network assumes all transactions are valid until proven otherwise (“Optimistic Rollups”). These are called fraud proofs which are submitted in case the transactions are invalid. Validators post a bond, and this is slashed for invalid transactions. This is rigorously verified by Rangers who are financially incentivized auditors or validators – they will stake and mine Metis tokens by verifying transactions. [1]

References