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Hashkey Cloud to Become Metis' First External Decentralized Sequencer Client After CEG Approval

Wednesday, 07 August 2024 11:00 AM

Metis

TORONTO, ON / ACCESSWIRE / August 7, 2024 / Metis is thrilled to announce that Hashkey Cloud, with the robust support of the Metis community, has successfully passed the Critical Evaluation Group (CEG) review at the end of July. Hashkey Cloud is now in the process of onboarding onto the Decentralized Sequencers network and will soon be our first external decentralized sequencer client to go live.

This significant milestone brings Metis closer to its vision of creating a Layer 2 solution with true decentralization, empowering contributors through network ownership, impactful governance roles, and reinforced economic security via revenue sharing.

Key Highlights:

  • CEG Approval: Hashkey Cloud has achieved a successful CEG review, underscoring their commitment to high standards and rigorous evaluation.

  • Onboarding Process: Currently in the final stages of onboarding, Hashkey Cloud is set to go live on the Decentralized Sequencers network soon.

  • Vision for Decentralization: As Metis' first external decentralized sequencer client, Hashkey Cloud plays a pivotal role in our mission to achieve true decentralization.

  • Empowerment and Security: The Metis network model focuses on empowering contributors through ownership, governance roles, and economic security through revenue sharing mechanisms.

Leo Li, CEO of Hashkey Cloud, expressed his enthusiasm: "We are incredibly proud to have passed the CEG review and to be on the verge of going live as the first external decentralized sequencer client for Metis. This milestone is a testament to our shared vision for true decentralization and the unwavering support of the Metis community."

Tom Ngo, Executive Lead of Metis L2, added: "This is a momentous occasion for Metis and the broader decentralized ecosystem. Hashkey Cloud's integration as our first external decentralized sequencer client exemplifies our commitment to building a resilient and inclusive network. We are committed in leading this industry forward with this exemplary partnership."

Hashkey Cloud's upcoming integration into the Decentralized Sequencers network represents a major step forward in Metis' efforts to build a truly decentralized Layer 2 solution. We extend our gratitude to the Metis community for their continued support and dedication in reaching this milestone.

As we prepare for Hashkey Cloud to go live, Metis remains steadfast in its commitment to transparency, security, and community empowerment. Together, we are driving the future of decentralized networks.

About Metis:

Metis is an Ethereum Layer 2 solution that prioritizes decentralization, community governance, and shared network ownership for its Decentralized Sequencer node operators. By implementing a revenue-sharing model, Metis aligns the interests of sequencer node operators with the network's growth, while incentivizing developers and users to build and interact with protocols in a reliable, secure environment.

About Hashkey Cloud:

Hashkey Cloud is a leading global Web3 infrastructure service provider, offering clients professional, stable, secure, and compliant services worldwide.

Press Contact:

Colin Landers
[email protected]

SOURCE: Metis

Topic:
Company Update
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