Wednesday, September 11, 2024

Metis and Hashkey Cloud Collaborate to Strengthen Decentralization with New Layer 2 Sequencer Integration

TORONTO, ON – 11/09/2024 – (SeaPRwire) – In a significant step toward enhancing the decentralized ecosystem within the blockchain space, Metis proudly announces that Hashkey Cloud has successfully onboarded onto its Decentralized Sequencers network. As the first external decentralized sequencer client to go live on the Metis Mainnet, Hashkey Cloud’s integration is seen as a major milestone in Metis’ ongoing mission to prioritize decentralization, governance, and community empowerment in its Layer 2 solutions.

Hashkey Cloud’s onboarding follows a comprehensive Critical Evaluation Group (CEG) review that it successfully completed in July 2024. This crucial assessment evaluated Hashkey Cloud’s infrastructure, security, and operational reliability to ensure its seamless integration into the Metis network. This rigorous process, combined with widespread support from the Metis community, paved the way for Hashkey Cloud to become a trailblazer in the field, marking the beginning of a new chapter for Metis.

The adoption of Hashkey Cloud as the first external decentralized sequencer client represents a monumental shift toward decentralized governance and enhanced network ownership. The integration signals Metis’ ongoing dedication to making Ethereum Layer 2 networks more inclusive, resilient, and transparent. Through this collaboration, Hashkey Cloud and Metis are setting a precedent for future partnerships that will contribute to a more decentralized blockchain ecosystem.

Pioneering Decentralization for Web3 with Metis and Hashkey Cloud

Decentralization is the cornerstone of Web3, and with this latest development, Metis is reinforcing its commitment to this foundational principle. Hashkey Cloud, a globally recognized Web3 infrastructure provider, is now playing a key role in Metis’ ecosystem by offering its decentralized sequencer services. As a result, the Layer 2 network is expanding its decentralization strategy, allowing multiple external parties to participate in its operations.

Leo Li, CEO of Hashkey Cloud, expressed excitement over the partnership, stating, “We’re honored to stand with Metis in advancing the decentralization goals of Web3. As the first external decentralized sequencer client on the Metis network, we see this collaboration as an opportunity to lead by example and showcase the future of decentralized infrastructure in Layer 2 solutions.”

This sentiment was echoed by Tom Ngo, Executive Lead at Metis L2, who emphasized the long-term implications of this integration for the entire blockchain industry. “The inclusion of Hashkey Cloud as our inaugural external decentralized sequencer client is a major milestone not just for Metis but for the broader decentralized ecosystem as well. Our partnership demonstrates our unwavering commitment to building an open, transparent, and decentralized Layer 2 network that supports network ownership, governance, and revenue sharing among all participants.”

The collaboration between Metis and Hashkey Cloud highlights the importance of scalability, transparency, and security in decentralized networks, particularly in Layer 2 solutions. Both parties aim to set a high standard for future integrations, offering a reliable and secure environment for developers, users, and decentralized sequencer operators.

The Role of Decentralized Sequencers in Metis’ Ecosystem

Decentralized sequencers are vital to the functionality of Layer 2 networks, especially as blockchain ecosystems expand and diversify. By incorporating decentralized sequencer clients like Hashkey Cloud, Metis is enhancing its network’s security, reliability, and transparency. Decentralized sequencers ensure that no single entity can control the sequencing of transactions, offering a fairer and more secure environment for blockchain participants.

Metis’ focus on decentralized sequencers also aligns with its broader vision of creating a more inclusive and community-driven network. With a unique revenue-sharing model, Metis enables its sequencer node operators to gain ownership and economic security through network participation. This not only incentivizes more individuals and organizations to become involved in the Metis ecosystem but also aligns the interests of the entire community, ensuring long-term network sustainability.

Looking Ahead: What the Future Holds for Metis and Hashkey Cloud

As both companies continue to work together to improve and expand decentralized Layer 2 solutions, this collaboration represents just the beginning of Metis’ ambitious roadmap for decentralization. By incorporating external decentralized sequencer clients, Metis is fostering a more robust network where participants are empowered to influence governance decisions and share in the economic success of the platform.

Metis and Hashkey Cloud are poised to lead the charge toward a decentralized future, not only for Layer 2 solutions but also for the broader blockchain industry. As Hashkey Cloud’s sequencer goes live, both companies remain committed to transparency, security, and community empowerment. Together, they are contributing to the advancement of decentralized networks, with a focus on developing scalable and reliable infrastructure for Web3.

About Metis

Metis is an innovative Ethereum Layer 2 solution designed with decentralization, community governance, and shared network ownership at its core. The network prioritizes transparency and scalability while creating a secure and reliable platform for developers and users alike. Through its revenue-sharing model, Metis aligns the interests of its sequencer node operators with the overall growth of the network, incentivizing long-term participation and fostering a vibrant, decentralized ecosystem.

About Hashkey Cloud

Hashkey Cloud is a leading Web3 infrastructure provider that offers secure, compliant, and reliable services to clients across the globe. With a focus on delivering stable and professional solutions, Hashkey Cloud is recognized for its commitment to advancing the decentralized Web3 ecosystem through innovative infrastructure offerings.

SOURCE: Metis

by Arrow123

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