Metis is an Ethereum Layer 2 optimistic rollup that offers low gas fees, fast transactions, and high security.

Metis, developed and backed by the MetisLab Foundation, is a Layer-2 scaling solution employing optimistic rollup technology. This approach transfers smart contract execution and data storage responsibilities to a layer above networks such as Ethereum.

Metis is dedicated to assisting developers in creating, managing, and launching decentralized applications. It integrates the Decentralized Autonomous Company (DAC) framework into its Layer 2 infrastructure, enabling a smooth transition for developers and businesses from Web 2.0 to Web 3.0.

Metis takes a unique approach to data storage. Instead of storing transaction data on the layer-1 Ethereum network, it primarily stores data off-chain, with only essential data stored on layer-1. This off-chain data is stored in Memolabs, a storage solution provided by the Sequencer. This approach significantly reduces storage costs compared to layer-1 solutions like Ethereum.

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