Coinspeaker
Ethereum L2 Metis Launches Sequencer Mining
Metis, an Ethereum Layer-2 (L2) rollup platform, has announced the completion of Phase 1 of its Decentralized Sequencer upgrade and is now moving forward with Phase 2. This second phase encompasses sequencer mining, transaction pools, and multiple transactions within a block.
According to the exchange’s blog post, the launch makes Metis not just the first roll-up platform to achieve decentralized sequencing but also introduces new features like sequencer mining and liquid staking.
Metis Sequencer Mining and Its Impact
Sequencers are crucial for ordering and batching transactions before submitting them to the Ethereum mainnet. The introduction of multiple sequencers and rotation is designed to prevent a single point of failure and increase network resilience.
One of the most noteworthy features introduced in Phase 2 is the sequencer mining which allows sequencer nodes to earn METIS tokens for processing transactions
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