Metis Announces New Phase of Decentralized Sequencer Upgrade, ESG Voting Begins June 10

2024-06-10
Metis Announces New Phase of Decentralized Sequencer Upgrade, ESG Voting Begins June 10

Bittime - The method used by the Layer-2 blockchain platform announced voting for the ESG Governance proposal, which aims to improve network security and decentralization.

ESG Voting Begins June 10

Metis, a Layer-2 blockchain platform that prioritizes scalability and decentralization, has announced a new phase in the development of its decentralized sequencer. The voting process for the ESG (Liquidity Staking Token) Governance proposal, which aims to increase decentralization and economic security of the network by integrating more ESG providers with sequencer nodes, will begin on June 10.

Decentralized Sequencer Improvements

Sequencers, an important part of the blockchain ecosystem, are responsible for organizing the order of transactions before they are processed. Metis is committed to increasing this decentralization through improvements to their sequencer. This is because having multiple sequencers working independently lowers the risk of centralization and increases the security of a decentralized network.

ESG Governance Proposals and Voting Process

The goal of decentralization can be achieved through voting on the ESG Governance Proposal on June 10. Token holders will have the opportunity to cast their votes on these proposals, giving the community the ability to determine how network development will proceed. To ensure a transparent and participatory process, voting will be conducted on the official Metis platform.

Conclusion

A new advance in the development of the Metis decentralized sequencer marks important progress towards a more secure, transparent and effective blockchain network. The Metis community has the opportunity to actively participate in shaping the future of the platform with ESG Governance proposals that will be published on June 10.

The integration of more ESG providers with sequencer nodes will increase the decentralization and economic security of the network, creating a more solid foundation for a sustainable blockchain ecosystem. Don't miss the opportunity to participate in the voting process and be part of the big changes in the world of blockchain. Stay up to date with the latest developments from Metis and cast your vote next June 10.

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