Metis, an Ethereum scaling solution, announced the launch of new decentralized storage that can be used for rollup data and fraud-proof challenge processes, reducing transaction costs and block confirmation times. Metis said transaction costs will drop from about $2-$3 to 2 cents and 19 cents for a swap.
The storage solution is said to support all types of API frameworks for integration with DApps on the Metis network. In the next phase, the team will also implement Storage Providing. Storage providers will be rewarded in the form of $METIS tokens to facilitate the speed and scalability of the network.
