Skip to content

fix typos #28

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Open
buldazer23 wants to merge 1 commit into
base: master
Choose a base branch
from
Open

fix typos #28

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
8 changes: 4 additions & 4 deletions README.md
View file
Open in desktop
Original file line number Diff line number Diff line change
@@ -1,8 +1,8 @@
# Metis(WIP)

Metis is a Layer2 DAO protocol, devoting to build up a technical and organizational infrastructure to run Web3 economy.
Metis is a Layer2 DAO protocol, devoted to build up a technical and organizational infrastructure to run Web3 economy.

With Metis, every individual, community, builders or projects can take the benefits of low gas cost, high scalability, rich functionalities, and easy-of-use UX/UI, to create their decentralized company (DAC, a subset of DAO) on the blockchain, launch decentralized applications (DApps), and manage the business operations via the DAC structure in a decentralized way.
With Metis, every individual, community, builders or projects can take the benefits of low gas costs, high scalability, rich functionalities, and easy-to-use UX/UI, to create their decentralized company (DAC, a subset of DAO) on the blockchain, launch decentralized applications (DApps), and manage the business operations via the DAC structure in a decentralized way.

To achieve sophisticated collaborative outcomes and successfully deploy a framework that involves many on-chain operations requiring timely responses, a layer 2 solution is needed for Metis to achieve its mission.

Expand All @@ -20,6 +20,6 @@ From the technical perspective, we hope to address the problem via below R&D and
4.L2 rangers to shorten the fraud-proof window required.
5.We think Web3 is a whole economy, so every DAC should have its own business sustainability. That’s why we support DApps/communities to launch their own tokens, to incentivize the internal economic activities.

From the organizational perspective, we define DAO as a collective of individuals to achieve goals, so how to build up trust, and how to manage decentralized collaborations in decentralized environments where no prior trust foundation has been built are the key issues to solve. And we introduce Optimistic Governance (OG), aiming to solve the trust issue dwelling among distributed community members. OG leverages staking bonds as the commitment to fulfill the obligations, pulling back the bonds as the penalty for defaults, which will help distrustful collaborators to buildup trust, confirm collaborative relationship, and validate the computation results or deliverables. We also define key elements that form an individual in the Web3 world, which include wallet, reputation power(recorded in NFT), attributes(recorded in NFT), etc.
From the organizational perspective, we define DAO as a collective of individuals to achieve goals, so how to build up trust, and how to manage decentralized collaborations in decentralized environments where no prior trust foundation has been built are the key issues to solve. And we introduce Optimistic Governance (OG), aiming to solve the trust issue dwelling among distributed community members. OG leverages staking bonds as the commitment to fulfill the obligations, pulling back the bonds as the penalty for defaults, which will help distrustful collaborators to buildup trust, confirm collaborative relationships, and validate the computation results or deliverables. We also define key elements that form an individual in the Web3 world, which include wallet, reputation power(recorded in NFT), attributes(recorded in NFT), etc.

So with the technical and organizational constructs of Metis, we hope to enable individuals/communities to open and run their business on the blockchain, with Optimistic Governance to buildup trust and protect their interest, on-chain tools to implement collaborations, which will open a new space for the general public to adopt blockchain. And fundamentally, to enable Ethereum to become the infrastructure of supporting value creation (collaborations), while not just payment.
So with the technical and organizational constructs of Metis, we hope to enable individuals/communities to open and run their businesses on the blockchain, with Optimistic Governance to buildup trust and protect their interest, on-chain tools to implement collaborations, which will open a new space for the general public to adopt blockchain. And fundamentally, to enable Ethereum to become the infrastructure of supporting value creation (collaborations), while not just payment.