In episode 13 of Cointelegraph’s Hashing it out podcast, Elisha Owusu sits down with Elena Sinelnikova, co-founder of Akyaw Metis. Metis is an optimistic rollup constructed on Ethereum to discover the world of layer-2 blockchain know-how and its potential affect on decentralization, scalability, and real-world purposes. Sinelnikova shares her distinctive insights and experiences within the fast-growing blockchain area and provides us a glimpse into the way forward for Decentralized Autonomous Organizations (DAOs) powered by Metis.
The dialog begins with Sinelnikova giving a broad introduction to Metis, its mission and the challenges it wants to handle within the present blockchain panorama. Subsequent, he dives deep into the constraints of Ethereum’s Stage 1, highlighting points resembling excessive gasoline charges, congestion, and sluggish transaction occasions. Sinelnikova explains how Metis leverages Layer 2 know-how to beat these obstacles – enabling sooner, extra environment friendly and cost-effective transactions for customers and builders.
Metis is constructed on prime of the Optimism codebase. Sinelnikova explains that though the Metis workforce believes Optimism is heading in the right direction, the workforce wanted to make some modifications to the code to create a extra environment friendly platform for the Web3 economic system.
“You see, the Metis payment is far decrease than the Optimism payment. We would have liked this low payment for the enterprise stage — in order that enterprise-level apps may use Metis extra simply than Optimism.
Subsequent, Akyav and Sinelnikova talk about the significance of decentralization within the blockchain ecosystem. Mattis intends to make use of its distinctive strategy to constructing and supporting decentralized autonomous organizations (DAOs) to form the way forward for work and collaboration. What’s extra, Sinelnikova emphasizes Metis’ function in empowering people and companies to create, handle and scale their DAOs, thereby fostering a extra inclusive and clear decentralized economic system.
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The episode additionally explores the subject of adoption and schooling. Sinelnikova believes that a very powerful factor is to not get new customers into crypto however to guard customers who’ve already ventured into crypto by in depth schooling.
Lastly, Sinelnikova discusses the way forward for Metis and Layer 2 blockchain know-how, outlining a imaginative and prescient for the platform’s ongoing improvement and development.
Take heed to the most recent episodes of Hashing it out With Elena Sinelnikova on Spotify, Apple Podcasts, Google Podcasts or TuneIn. You may also try Cointelegraph’s full listing of informative podcasts on the Cointelegraph Podcasts web page.
