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Offering Solutions to Metis’s OVM 2.0 Switch

Metis OVM


 

Metis OVM

One reason for the proposed switch to OVM 2.0 is to solve the issue of migration and compatibility, which many DApps developers have been lamenting about. However, the new OVM Model poses some issues that aren’t in line with Metis DAO’s vision to offer maximum scalability in a complete decentralization manner. Hence, the launching of Andromeda.

Before the proposed launch of EVM Equivalence, also known as OVM 2.0, EVM Compatibility was what Metis DAO relied on. The initial version was effective and scalable, with low transaction and latency. The scaling solution enjoyed the benefits of Ethereum’s security and decentralization.

Optimism revealed that they received several complaints about migration and compatibility issues with the EVM Compatibility model regarding the current DApps. Metis shared in Optimism’s sentiments and agreed that a new infrastructure was imminent.

According to Metis, Optimism’s EVM Equivalence opposed the DAO’s vision and goals to offer complete decentralization. Optimism disclosed that OVM 2.0 will not offer the same level of decentralization as EVM Compatibility, which would require Metis to compromise on its core concepts.

Optimism also noted that DApps would have to modify the lower-level code that the Ethereum Network relies on to migrate to Layer 2 (OVM). According to Metis, migrating to the new model comes at a price that the DAO could afford. The design will change implementation of Optimistic Rollups and affect consensus on Layer 1 regarding on-chain transactions.

Since Ethereum’s EVM Equivalence will solve the problem of compatibility, launching Andromeda will create a common ground where OVM 2.0 and Metis DAO will coexist without compromising on Metis’s DNA. With Andromeda, Metis will continue to build a Layer 2 Ethereum Rollup that facilitates cheap transactions, the use of no-code middleware approach to enable everyone migrate to Layer 2 without issues, and establish a system that will allow anyone to build decentralized businesses on-chain.

The post Offering Solutions to Metis’s OVM 2.0 Switch appeared first on The Cryptonomist.



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