The successful implementation of Phase 1 of the Metis Decentralised Sequencer upgrade was completed on March 14th, 2024. This development established Metis as the first rollup platform with a decentralised sequencer. Phase 2 now focuses on enhancing incentive alignment among all network participants.
Here’s an overview of the key components of Phase 2 and their implications for the community.
Key Innovations
Transaction Pool
The transaction pool acts as a private space for sequencer nodes, similar to a mempool. It is essential for maintaining the fixed two-second transaction confirmation time, which facilitates more efficient block production.
Sequencer Mining
This introduces a reward system where METIS tokens are allocated to sequencer nodes, which are operated by various entities globally to prevent a single point of failure. These nodes play a crucial role in ordering and batching transactions for the network.
Metis Liquid Staking Blitz (LSB)
The LSB is aimed at accelerating the growth of LSTs and related products on Metis. Below is an overview of the expected benefits for the first year:
Strategic Partnerships and Mining Rewards
Metis has formed strategic partnerships to ensure robust decentralisation and encourage active participation. Sequencer Mining Rewards are now accessible, allowing users to engage in mining through platforms like Artemis, with Enki soon to launch on Mainnet. Pre-staking options are available for early participants.
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
The successful implementation of Phase 1 of the Metis Decentralised Sequencer upgrade was completed on March 14th, 2024. This development established Metis as the first rollup platform with a decentralised sequencer. Phase 2 now focuses on enhancing incentive alignment among all network participants.
Here’s an overview of the key components of Phase 2 and their implications for the community.
Key Innovations
Transaction Pool
The transaction pool acts as a private space for sequencer nodes, similar to a mempool. It is essential for maintaining the fixed two-second transaction confirmation time, which facilitates more efficient block production.
Sequencer Mining
This introduces a reward system where METIS tokens are allocated to sequencer nodes, which are operated by various entities globally to prevent a single point of failure. These nodes play a crucial role in ordering and batching transactions for the network.
Metis Liquid Staking Blitz (LSB)
The LSB is aimed at accelerating the growth of LSTs and related products on Metis. Below is an overview of the expected benefits for the first year:
Strategic Partnerships and Mining Rewards
Metis has formed strategic partnerships to ensure robust decentralisation and encourage active participation. Sequencer Mining Rewards are now accessible, allowing users to engage in mining through platforms like Artemis, with Enki soon to launch on Mainnet. Pre-staking options are available for early participants.
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
The successful implementation of Phase 1 of the Metis Decentralised Sequencer upgrade was completed on March 14th, 2024. This development established Metis as the first rollup platform with a decentralised sequencer. Phase 2 now focuses on enhancing incentive alignment among all network participants.
Here’s an overview of the key components of Phase 2 and their implications for the community.
Key Innovations
Transaction Pool
The transaction pool acts as a private space for sequencer nodes, similar to a mempool. It is essential for maintaining the fixed two-second transaction confirmation time, which facilitates more efficient block production.
Sequencer Mining
This introduces a reward system where METIS tokens are allocated to sequencer nodes, which are operated by various entities globally to prevent a single point of failure. These nodes play a crucial role in ordering and batching transactions for the network.
Metis Liquid Staking Blitz (LSB)
The LSB is aimed at accelerating the growth of LSTs and related products on Metis. Below is an overview of the expected benefits for the first year:
Strategic Partnerships and Mining Rewards
Metis has formed strategic partnerships to ensure robust decentralisation and encourage active participation. Sequencer Mining Rewards are now accessible, allowing users to engage in mining through platforms like Artemis, with Enki soon to launch on Mainnet. Pre-staking options are available for early participants.
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
