This project says it has solved one of the biggest challenges that has been holding Ethereum back from mainstream adoption [AD]
means developers get an easy-to-code-in blockchain. There are also benefits for users, especially considering they have the freedom to withdraw funds from layer-2 protocols without delay.about the creeping tide of centralization, Metis says its model encourages decentralization, with transactions processed in parallel.
Metis says it’s determined to increase the potential use cases for blockchain technology, and reducing finality times is key. Optimistic rollups derive their name from the fact that it’s assumed that all transactions are valid, with a seven-day window in place to prevent fraud. Meanwhile, zero-knowledge proofs significantly reduce this time and could be the silver bullet for enticing businesses to join the Web3 revolution.
Innovation is key to bridging the gap between scalability and security and delivering long-term growth for this thriving sector. A robust blockchain that can process transactions quickly and cheaply has the potential to transform businesses around the world and lead to the creation of a new wave of, where a corporation can be self-governed and controlled by shareholders through democratic votes.
Metis’ argument is crystal clear: The Ethereum blockchain can be fast, cheap and good, and hybrid rollups — which are being built right now and open-sourced for the benefit of all crypto users — are set to make this a reality.Cointelegraph does not endorse any content or product on this page.
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