• Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
Friday, September 12, 2025
  • Login
  • Register
Coin24h.com
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
Coin24h.com
No Result
View All Result
Ledger Nano X - The secure hardware wallet
ADVERTISEMENT

Layer-2 network to launch a decentralized sequencer pool

29 November 2023
in XLM
Reading Time: 4 mins read
A A
0
Layer-2 network to launch a decentralized sequencer pool
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
cryptotrader
ADVERTISEMENT

Related articles

XRP Rival Stellar (XLM) Skyrockets 140% in Volume Amid XRP Mania

XRP Rival Stellar (XLM) Skyrockets 140% in Volume Amid XRP Mania

30 July 2024
Is the Stellar (XLM) 23.60% Fibonacci Retest the Best Buy?

Is the Stellar (XLM) 23.60% Fibonacci Retest the Best Buy?

30 July 2024

In their quest for scalability and cost-effectiveness, many layer-2 networks adopt a centralized approach to on-chain transaction processing, introducing a single point of failure vulnerability. The Metis blockchain, however, has pioneered a distributed sequencer pool to improve security and decentralization.

The Ethereum blockchain introduced smart contracts to automate certain events on the network, laying the foundation of decentralized finance (DeFi). As the DeFi ecosystem continues its exponential growth, however, the limitations of Ethereum have become clear.

Despite last year’s migration to proof-of-stake, partially addressing the scalability issues of the Ethereum blockchain, the Ethereum network remains expensive when it comes to gas fees — the cost of each transaction executed on the blockchain. On top of that, the huge decentralized world built on Ethereum makes network congestion on the base layer a regular occurrence.

Thanks to the decentralized and open-source nature of the Ethereum blockchain, developers have built numerous networks on top of the base layer — called “layer-2 blockchains” — to fix specific limitations. Soon after, layer-2 (L2) networks that offer faster transaction speed or lower gas fees, including Arbitrum and Optimism, emerged.

Sequencer — key to order on blockchain

However, one common aspect found in most layer-2 projects is that they rely on a single sequencer, which creates a vulnerability linked to centralization. But what exactly is a sequencer?

In blockchain terms, a sequencer operates like a traffic controller for on-chain transactions. A blockchain sequencer first collects on-chain transactions that would be included in a specific block. It puts transactions in order — an essential step for the network to function normally. The sequencer then places those transactions in a block, ensuring the block is filled correctly and in the right order.

Relying on a single sequencer for ordering and placing on-chain transactions introduces a critical vulnerability known as a single point of failure (SPOF). If this sequencer malfunctions due to a cyberattack, technical glitch, or outside intervention, the entire blockchain network comes to a standstill. Additionally, a single sequencer may struggle to handle the increasing transaction volume, leading to scalability issues. To address these concerns, alternative solutions can be explored.

Decentralizing the network controller

Metis, a layer-2 Ethereum scaling solution, has introduced a decentralized sequencer pool to increase the transaction speed and throughput of blockchain while maintaining Ethereum’s decentralization and security. Going beyond the single-sequencer model used by Arbitrum, Optimism, and other L2 projects, Metis is rolling out a distributed pool of sequencers — a fresh concept with built-in risk management that keeps the network up even if one of the many sequencers in the pool goes down for any reason.

The sequencer pool model works with Metis’ existing decentralized peer-to-peer validators and block producer network to enable smooth and secure sequencer transitions while removing faulty or malicious nodes.

The architecture of Metis’ decentralized sequencer pool. Source: Metis

The architecture of Metis’ decentralized sequencer pool. Source: Metis

With the decentralized approach, individual sequencer nodes can be created by whitelisted users. Metis has also announced a staking mechanism to work alongside the sequencer pool. Users will need to supply many locked METIS, the native token of the Metis network, to operate a sequencer node in the pool. By incentivizing staking with yields, Metis aims to get more sequencers onboard and gradually decrease the circulating supply.

Community-driven network

Loyal to the decentralization ethos, Metis plans to utilize the power of community to expand its network while keeping its network highly accessible with an easy-to-use Web3 building environment. The platform offers a streamlined user experience with gas fees that cost “less than a penny” while providing one of the fastest transaction speeds found in any L2 solution.

To foster community engagement and encourage participation in the upcoming launch of its decentralized sequencer, Metis is hosting its Community Testing event. This event will allow testers to earn rewards and contribute to the development of the project before the sequencer pool goes live.

“Metis is excited to roll out the first-ever layer 2 sequencer pool,” said Tom Ngo, project lead at Metis.

“We invite the entire blockchain and crypto communities to participate in Community Testing. By joining, users will be helping the core blockchain mission of decentralization while accruing attractive opportunities for each tester.”

As the blockchain ecosystem grows with new projects, keeping the main pillars of decentralization intact is crucial. With its innovative approach to how blockchain operates, Metis’ decentralized sequencer pool addresses the SPOF vulnerability while keeping its mission of rewarding the blockchain community in focus.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Credit: Source link

Cryptohopper
ADVERTISEMENT
[crypto-donation-box]
Tags: DecentralizedlaunchLayer2NetworkPoolSequencer
Share76Tweet47
Ledger Nano X - The secure hardware wallet
Previous Post

Safeth’s Hbar Pegging: A Silent #Hedera Chain Fork with Privacy Advantages | by Rev Cynthia Pustelak Safeth Ministries | Coinmonks | Nov, 2023

Next Post

Dogecoin (DOGE) Price May Double After Breaking Through This Hurdle: Analyst

Related Posts

XRP Rival Stellar (XLM) Skyrockets 140% in Volume Amid XRP Mania

XRP Rival Stellar (XLM) Skyrockets 140% in Volume Amid XRP Mania

30 July 2024
0

Gamza Khanzadaev XRP price's recent explosion has sent its top rival, XLM, pumping with staggering 140% increase in trading volume...

Is the Stellar (XLM) 23.60% Fibonacci Retest the Best Buy?

Is the Stellar (XLM) 23.60% Fibonacci Retest the Best Buy?

30 July 2024
0

Stellar (XLM) is completing a retest phase to ease a bullish revival during a broader market pullback. The intraday jump...

Litecoin (LTC), Polygon (MATIC), Stellar (XLM), and PawFury (PAW)

Litecoin (LTC), Polygon (MATIC), Stellar (XLM), and PawFury (PAW)

29 July 2024
0

The only key differences between Litecoin and Bitcoin are the processing of transactions and the prices that can be used...

Rollblock Sees Record Presale Sign-Ups; Dogecoin (DOGE) and Stellar Holders Like 50x Potential

Rollblock Sees Record Presale Sign-Ups; Dogecoin (DOGE) and Stellar Holders Like 50x Potential

29 July 2024
0

Rollblock’s (RBLK) record presale is starting to turn heads as investors look to dump their flat tokens for this upcoming...

UFC Champ Alex Pereira Boosts BDAG; XLM & LTC News

UFC Champ Alex Pereira Boosts BDAG; XLM & LTC News

29 July 2024
0

The recent collaboration of BlockDAG with UFC champion Alex Pereira has sent ripples through the crypto sector, enhancing its blockchain...

Load More
Next Post
Dogecoin (DOGE) Price May Double After Breaking Through This Hurdle: Analyst

Dogecoin (DOGE) Price May Double After Breaking Through This Hurdle: Analyst

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Binance Coin Price Prediction: BNB Explodes After Shocking Wall Street Partnership – The BlackRock of Crypto? – Cryptonews

Binance Coin Price Prediction: BNB Explodes After Shocking Wall Street Partnership – The BlackRock of Crypto? – Cryptonews

12 September 2025
Bybit Flywheel Fuels Mantle MNT Breakout to Record Highs

Bybit Flywheel Fuels Mantle MNT Breakout to Record Highs

12 September 2025
Solana News Today: SOL Trading Volume Down As Remttix Tipped As The Best Crypto To Buy Today – Crypto Economy

Solana News Today: SOL Trading Volume Down As Remttix Tipped As The Best Crypto To Buy Today – Crypto Economy

12 September 2025
Solana Treasury Firms Lift to 6.5M SOL; Upexi Up 126% – Cryptonews

Solana Treasury Firms Lift to 6.5M SOL; Upexi Up 126% – Cryptonews

11 September 2025

About Us

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • ApeCoin
  • Bitcoin
  • Blockchain
  • BNB
  • Cardano
  • Cryptocurrency
  • DOGE
  • DOT
  • Ethereum
  • HBAR
  • Litecoin
  • Market
  • Meta News
  • Mining
  • NFT
  • QNT
  • Regulation
  • SHIBA
  • Solano
  • Tether
  • Uncategorized
  • XDC
  • XLM
  • XRP

What’s New Here!

  • Binance Coin Price Prediction: BNB Explodes After Shocking Wall Street Partnership – The BlackRock of Crypto? – Cryptonews
  • Bybit Flywheel Fuels Mantle MNT Breakout to Record Highs
  • Solana News Today: SOL Trading Volume Down As Remttix Tipped As The Best Crypto To Buy Today – Crypto Economy
  • Solana Treasury Firms Lift to 6.5M SOL; Upexi Up 126% – Cryptonews
  • Solana Treasury Firms Boost Holdings to 6.5M SOL as Upexi Posts 126% Surge – Yahoo Finance

Subscribe Now

Our Partner

Round Main Logo
  • About Us
  • Privacy Policy
  • Contact Us

© 2022-2025 coin24h.com

No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining

© 2020 coin24h.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 115,131.00
  • ethereumEthereum (ETH) $ 4,502.52
  • xrpXRP (XRP) $ 3.03
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 234.67
  • bnbBNB (BNB) $ 904.24
  • usd-coinUSDC (USDC) $ 0.999804
  • dogecoinDogecoin (DOGE) $ 0.260430
  • staked-etherLido Staked Ether (STETH) $ 4,495.01
  • tronTRON (TRX) $ 0.348664
  • cardanoCardano (ADA) $ 0.899278
  • wrapped-stethWrapped stETH (WSTETH) $ 5,455.19
  • chainlinkChainlink (LINK) $ 24.63
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,853.05
  • hyperliquidHyperliquid (HYPE) $ 56.56
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 115,193.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • suiSui (SUI) $ 3.65
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.04
  • stellarStellar (XLM) $ 0.392160
  • wrapped-eethWrapped eETH (WEETH) $ 4,841.44
  • avalanche-2Avalanche (AVAX) $ 28.66
  • bitcoin-cashBitcoin Cash (BCH) $ 594.28
  • wethWETH (WETH) $ 4,503.04
  • hedera-hashgraphHedera (HBAR) $ 0.242440
  • leo-tokenLEO Token (LEO) $ 9.67
  • litecoinLitecoin (LTC) $ 115.43
  • crypto-com-chainCronos (CRO) $ 0.258282
  • the-open-networkToncoin (TON) $ 3.18
  • usdsUSDS (USDS) $ 0.999700
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999924
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 115,163.00
  • polkadotPolkadot (DOT) $ 4.21
  • whitebitWhiteBIT Coin (WBT) $ 43.72
  • uniswapUniswap (UNI) $ 10.05
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.201340
  • ethenaEthena (ENA) $ 0.769357
  • mantleMantle (MNT) $ 1.62
  • moneroMonero (XMR) $ 272.52
  • aaveAave (AAVE) $ 309.29
  • bitget-tokenBitget Token (BGB) $ 4.94
  • pepePepe (PEPE) $ 0.000011
  • daiDai (DAI) $ 1.00
  • okbOKB (OKB) $ 193.27
  • jito-staked-solJito Staked SOL (JITOSOL) $ 288.72
  • ondo-financeOndo (ONDO) $ 1.10
  • memecoreMemeCore (M) $ 2.06
  • nearNEAR Protocol (NEAR) $ 2.73