Jade Of Wallstreet ♦️ Profile picture
Jan 18, 2023 23 tweets 3 min read Read on X
"The Scaling War"

MetisDAO bullish Narrative part 2
Long read, but totally worth it! you don't want to miss the 6th point
🧵1/23 Image
2/23
The Ethereum scaling war is a highly contested battle between the top layer 2 solutions for the Ethereum blockchain.
3/23
These solutions, known as "layer 2" solutions, are designed to help the Ethereum blockchain scale to meet the growing demands of the decentralized applications (dApps) built on top of it.
4/23
The top five layer 2 solutions currently include Arbitrum, Optimism, Loopring, Metis, ImmutableX, and Starknet.
5/23
As the use of decentralized applications on the Ethereum blockchain continues to grow, the need for faster and more efficient scaling solutions has become increasingly apparent.
6/23
This is where layer 2 solutions come in - by taking some of the load off of the main Ethereum blockchain, layer 2 solutions allow for faster and cheaper transactions.
7/23
While all of these solutions have their own unique strengths and weaknesses, Metis is a Godzilla type contender in the race for Ethereum scaling.
8/23
This is due to a number of factors, including the development of a smart layer 2, the integration of zK-proof technology with optimistic rollup technology, the development of a web3 infrastructure, and the creation of a multi-layer solution stack for a web3 economy.
9/23
👉One of the key advantages of Metis is its smart layer 2 technology. This technology enables Metis to process transactions much faster than other layer 2 solutions, while also providing increased security and privacy.
10/23
👉By using smart contracts to manage the state of transactions, Metis is able to drastically reduce the amount of data that needs to be stored on the main Ethereum blockchain. This not only speeds up transactions, but also reduces the cost of using the Ethereum network.
11/23
👉Additionally, Metis will integrate zero-knowledge proof technology with optimistic rollup technology, which allows for even faster and more secure transactions.
12/23
Zero-knowledge proofs allow for private transactions on the blockchain, while optimistic rollups enable off-chain transaction processing.
13/23
Together, these technologies enable Metis to process thousands of transactions per second, making it one of the fastest layer 2 solutions on the market.
14/23
👉Another major advantage of Metis is its web3 infrastructure and application, which is designed to run decentralized autonomous companies (DACs).
15/23
This infrastructure, known as the Multi-layer Solution Stack for a Web3 Economy, is a game-changer in the world of decentralize innovations and allows for the creation of fully decentralized companies.
16/23
This infrastructure not only enables faster and cheaper transactions, but also opens up new opportunities for decentralized businesses to thrive on the Ethereum blockchain.
17/23
👉In addition to its technical advantages, Metis also has a unique governance structure that sets it apart from other layer 2 solutions. Metis has a dual-layered, DAC-centric governance structure that is based on token and reputation power.
18/23
This allows for a fully decentralized and community-driven ecosystem that is able to adapt and evolve as needed.
19/23
This governance structure ensures that the Metis ecosystem is always aligned with the needs of its users and that decisions are made in the best interest of the community.
20/23
👉All of these factors make Metis a contender to recon with in the Ethereum scaling war. As more power dApps like #AAVE flock to the Metis ecosystem,
21/23
it is likely that we will see a "Metis season" of massive growth and adoption similar to what other layer 2 solutions have experienced.
This is a decisive factor for Metis' bullish narrative and makes it a strong contender for the future of Ethereum scaling.
22/23
So whether you're a developer looking to build decentralized applications, or an investor looking for the next big swing. #Metis is worth keeping an eye on.
23/23
With its smart layer 2 technology, zero-knowledge proof integration, web3 infrastructure, and unique governance structure, Metis is poised to revolutionize the way we use the Ethereum blockchain.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Jade Of Wallstreet ♦️

Jade Of Wallstreet ♦️ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @MetisCharter

May 29, 2023
Ahoy, me hearties! Gather 'round and set your sights on the horizon🫣, for there be great news from the #Metis crew. Aye, it be true, #Metis be preparing to unleash the full force of their Aave incentives, and it be just a matter of months. And mark me words,
🧵 (1/13) #Airdrops Image
this be no ordinary event—it be a blast that'll make heads spin and leave no face un-melted!
Now, some landlubbers may have cast doubt upon the lack of incentives during the initial deployment, but let me tell ye, that be a positive sign. (2/13) #Cryptotwitter
It means all the firepower be stashed away, ready to be unleashed when the time be ripe. The Metis season be upon us, and it be a force to be reckoned with.
Just take a gander at the precedents set by other platforms like Avalanche, Polygon, and Optimism. (3/13)
Read 13 tweets
Jan 24, 2023
1/12🧵
How to provide the first liquidity for your token on @netswapofficial
Hey guys this the 3rd & last thread for my no-code series on how create a token with no code on #Metis . see below for previous parts:
👉1:
👉2:
2/12
This series covered from begining to end how to create your own #Metis Meme/utility token without knowing any code.
In the process of this tutorial i created a meme token "AAVE INU" with the ticker "avv"
& smart contract address: 0x977FE870321ae0bdB1c387f0Ca5A1eDc3b2474E1
3/12
Alright let's dive in.
Providing the first liquidity of a token on @netswapofficial can be done without the need for coding knowledge. Here is a tutorial on how to do it:
Read 12 tweets
Jan 23, 2023
How to verify a token smart contract on #Metis Andromeda Mainnet- A continuation of my "How to create a meme/utility token on #Metis Andromeda Mainnet using @cookbook_dev's no code tool
🧵1/10 let's dive in
2/10
There are several ways to verify a smart contract on #Metis andromeda Mainnet. However for today's tutorial. I am going to use the most simple method. The goal is to interact with fewer to no code, to reduce complications.
3/10
To verify a smart contract on @MetisDAO Andromeda mainnet, you will need to have a few things ready:

👉1. The contract's verification data file
👉2. The contract's ABI (Application Binary Interface) file.
👉3. The contract's address.
Read 10 tweets
Jan 21, 2023
🧵 1/10
⭐️BEHOLD THE HOLYGRAIL OF THE
Metis Bullish Narrative - THE FINALE 🏦

A speculatory overview of the @MetisDAO token.
#METIS, is an interesting case for those looking for undervalued opportunities in the cryptocurrency market. Image
2/10
The MetisDAO token, or #METIS, is a governance token for the @MetisDAO LAYER 2 project.
#METIS is designed to provide holders with a number of advantages, including the ability to vote on proposals for the development and growth of the @MetisDAO ecosystem.
3/10
⭐️TOKENOMICS
#METIS has a total supply of 5.4m & a current market cap of 97m as of January 21, 2023. It has a relatively low market cap and limited maximum supply of 10 million tokens, with 50% locked and only to be in circulation systematically in the next 9yrs.
Read 10 tweets
Jan 19, 2023
1/8🧵
How to create your own Token On #METIS with absolutely no knowledge of coding.
In this tutorial I will show you how to create your own MEME/UTILITY token on #METIS using a nocode platform called @cookbook_dev . I am going to show you how to deploy this token on mainnet Image
2/8
1. First, navigate to the cookbook.dev website and sign up for an account.
2. Once you are logged in, click on the "Find tokens" button.
3. On the next page, you will be prompted to select a token smart contract. Select your preferred smart contract. Image
3/8
4. Next, Click on the "Simple Deploy" button.
5. In the "Simple Deploy" section, you can customize the name, symbol, total supply of your meme coin and also pick your preferred chain
6. Click on "Pick A Chain" button and navigate to Mainnets, then choose METIS. ImageImageImage
Read 8 tweets
Jan 16, 2023
Decentralized Perpetual exchanges is one of the key factors that will contribute to the Metis Layer2 Bullish Narrative.
🧵1/22
This is a long read but I promise it will be worth it. Image
2/22
The rise of decentralized finance (DeFi) has brought about a new era of financial freedom for individuals and institutions alike.
3/22
One of the key factors driving this trend is the concept of self-custody,which allows individuals to control and manage their own assets without the need for intermediaries.
Read 22 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(