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What is Monad?
Monad is a cutting-edge Layer 1 blockchain that leverages the Ethereum Virtual Machine (EVM)—the software that powers the Ethereum blockchain, and all networks built on top of it.

This approach enables Monad to support all existing Ethereum smart contracts and applications without any need for modification. This compatibility is crucial for encouraging adoption among Ethereum developers, who can migrate their applications to Monad with ease and without facing interoperability issues.

Having said that, Monad is attempting to build a more streamlined version of the EVM from the ground up. The goal is to address the EVM's shortcomings, which have led to scalability and performance issues on the Ethereum blockchain, as well as relatively steep transaction costs.

Learn more..

What is Monad?
Monad is a cutting-edge Layer 1 blockchain that leverages the Ethereum Virtual Machine (EVM)—the software that powers the Ethereum blockchain, and all networks built on top of it.

This approach enables Monad to support all existing Ethereum smart contracts and applications without any need for modification. This compatibility is crucial for encouraging adoption among Ethereum developers, who can migrate their applications to Monad with ease and without facing interoperability issues.

Having said that, Monad is attempting to build a more streamlined version of the EVM from the ground up. The goal is to address the EVM's shortcomings, which have led to scalability and performance issues on the Ethereum blockchain, as well as relatively steep transaction costs.

Learn more..
https://phantom.com/learn/crypto-101/monad-blockchain?utm_source=phantom&utm_medium=learn