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What is Monad?

Monad is a next-generation Layer 1 smart contract platform designed to deliver high throughput and low transaction costs. It is fully compatible with the Ethereum Virtual Machine (EVM), allowing existing Ethereum applications to run seamlessly. By leveraging parallel execution and advanced optimization techniques, Monad can process thousands of transactions per second, significantly improving user experience. This enables developers to build faster, more scalable, and cost-effective decentralized applications (dApps).

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