A class of quantum many-body states that can be efficiently simulated
  We introduce the multi-scale entanglement renormalization ansatz (MERA), an efficient representation of certain quantum many-body states on a D-dimensional lattice. Equivalent to a quantum circuit with logarithmic depth and distinctive causal structure, the MERA allows for an exact evaluation of local expectation values. It is also the structure underlying entanglement renormalization, a coarse-graining scheme for quantum systems on a lattice that is focused on preserving entanglement. 
G. Vidal