Member-only story
It’s been a wild past few weeks in the world of blockchain.
The NFT market has soared, becoming wildly popular and more valuable by the hour, while also costing far more in transaction-related gas fees. Decentralized Finance (DeFi) is attracting landslides of new money every day, though the use of side chains and commit chains to back DeFi ventures threatens the decentralized nature of DeFi, inviting major security risks.
And just a few days ago, the largest blockchain (by far) as measured by developer activity completed a successful hard fork, highlighting both the growth potential of Ethereum and the challenges of high gas fees, slow throughput, and limited scalability that it still faces.
Through it all, Metis continues to build. Metis is a Layer 2 Ethereum scaling solution, focused on the “6 S’s”:
— Simplicity
— Speed
— Storage
— Security
— Savings
— Scalability
As our company evolves, the 6 S’s remain at the heart of everything we do, and everything we’re building.
With that in mind, it’s time for a Metis roadmap update. Where have the 6 S’s taken us so far, and where will they take us in the future? Let’s take a look: