@monad-xyz  is a high-performance Layer 1 blockchain designed to deliver exceptional scalability, speed, and cost-effectiveness while maintaining full compatibility with the Ethereum Virtual Machine (EVM). 

Key Features of Monad:

EVM Compatibility: Monad is 100% bytecode compatible with Ethereum, enabling developers to seamlessly migrate or build applications without significant code modifications. 

High Throughput: The blockchain supports up to 10,000 transactions per second, ensuring fast and efficient processing of transactions. 

Low Latency: With block times of just 0.5 seconds, Monad offers near-instant transaction finality, enhancing user experience. 

Low Gas Fees: The network operates with near-zero gas fees, making it cost-effective for users and developers. 

Decentralization and Security: Monad employs innovative technologies like MonadDB and parallel processing to achieve high performance without compromising on decentralization and security.