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Layer-2 project exec zooms in on the capabilities of Ethereum scaling solutions

Published 03/30/2023, 08:05 AM
Updated 03/30/2023, 09:40 AM
©  Reuters

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 built on Ethereum to explore the world of layer-2 blockchain technology, and its potential impact on decentralization, scalability and real-world applications. Sinelnikova shares her unique insights and experiences in the rapidly evolving blockchain space, and gives us a glimpse into the future of decentralized autonomous organizations (DAOs) powered by Metis.

The conversation begins with Sinelnikova providing a comprehensive introduction to Metis, its mission and the challenges it aims to address in the current blockchain landscape. Next, she dives deep into the limitations of Ethereum’s layer 1, highlighting issues such as high gas fees, congestion and slow transaction times. Sinelnikova explains how Metis leverages layer 2 technology to overcome these hurdles — enabling faster, more efficient, and cost-effective transactions for users and developers.

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