The blockchain trilemma has forced tradeoffs between the 3 desirable properties of a blockchain ― decentralized, secure, and scalable. For Ethereum to achieve the highest levels of decentralization and security, the tradeoff has been scalability. But not any longer! Metis is solving the Ethereum trilemma with its Smart Layer 2.
A Layer 2 (L2) is a separate network scaling the capability and capacity of Layer 1 network (L1). L2 inherits the security guarantees of L1. As Ethereum Smart L2, Metis increases both transaction speed (faster finality) and throughput (more transactions per second) without sacrificing Ethereum’s leading decentralization and security.
Blockchain technology has inherent security qualities based on principles of cryptography, decentralization, and consensus. Ethereum is the most secure blockchain of all. With Ethereum as its L1, Metis inherits Ethereum’s leading security and adds another layer on top for extra measure.
The huge increase in demand for Ethereum has caused transaction prices to spike while transaction speeds lag.
As Ethereum Smart L2, Metis increases both transaction speed (licketdy split faster finality) and throughput (a whole lot more transactions per second). Learn more
With Ethereum as its L1, Metis inherits Ethereum’s decentralized infrastructure.
To further advance decentralization, Metis also offers data storage on-chain that is both decentralized and affordable. On top of the decentralized infrastructure, Metis is also well on its way on the roadmap towards full decentralization of governance
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What does Metis do?
Metis is doing many things to benefit the whole Metis ecosystem. We work to:
Advance blockchain technology by scaling Ethereum with a Smart Layer 2
Accelerate the world’s transition to an open, fair, and decentralized economy, where anyone anywhere can thrive, by pioneering and empowering DAC
Metis is making it a whole lot simpler for anyone to take advantage of blockchain technology with little to no blockchain coding knowledge.
How does Metis benefit me?
Anyone can benefit greatly from joining Metis ― from a developer, a project team, a startup or scaleup, to an established enterprise.
Blockchain technology and its various crypto implementations are relatively new in the technology landscape. This newness brings along high levels of complexities, limitations, and costs.
Metis is making blockchain accessible, affordable, and adaptable for anyone to build, run, and grow any app, business, and community using blockchain technology.
Metis is also benefiting the users of apps, customers of businesses, and members of communities, by making its on-chain transactions super fast, cheap, and secure.
What problems does Metis solve?
Metis is solving the persistent blockchain trilemma for Ethereum, making it possible to achieve all of the 3 desirable properties of blockchain:
The huge increase in demand for Ethereum has caused transaction prices to spike while transaction speeds lag. As Ethereum Smart L2, Metis increases both transaction speed (licketdy split faster finality) and throughput (a whole lot more transactions per second).
Most importantly, Metis is creating solutions that are accessible, affordable, and adaptable ― so that anyone can build, run, and grow any app, business, and community using blockchain technology.