Layer-2 undertaking exec zooms in on the capabilities of Ethereum scaling options

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In episode 13 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw sits down with Metis co-founder Elena Sinelnikova. Metis is an Optimistic Rollup constructed on Ethereum to discover the world of layer-2 blockchain know-how, and its potential influence on decentralization, scalability and real-world functions. Sinelnikova shares her distinctive insights and experiences within the quickly evolving blockchain area, and offers us a glimpse into the way forward for decentralized autonomous organizations (DAOs) powered by Metis.

The dialog begins with Sinelnikova offering a complete introduction to Metis, its mission and the challenges it goals to handle within the present blockchain panorama. Subsequent, she dives deep into the constraints of Ethereum’s layer 1, highlighting points reminiscent of excessive gasoline charges, congestion and gradual transaction occasions. Sinelnikova explains how Metis leverages layer 2 know-how to beat these hurdles — enabling sooner, extra environment friendly, and cost-effective transactions for customers and builders.

Metis is constructed on high of the Optimism codebase. Sinelnikova explains that though the Metis workforce believes Optimism is on the precise path, the workforce wanted to make some adjustments to the code to create a extra environment friendly platform for the Web3 financial system.

“You see, Metis charges are means decrease than Optimism charges. We wanted these decrease charges for the enterprise stage — so the enterprise stage apps can use Metis simpler greater than Optimism.“