Monad Corner
@sonyc0x
Monad: Ushering in a New Era of Blockchain Technology 🚀 Monad is an innovative Layer 1 blockchain platform designed to significantly enhance the scalability and performance of decentralized applications (dApps). Compatible with the Ethereum Virtual Machine (EVM), Monad offers developers and users the ability to seamlessly migrate existing Ethereum applications without modifying the code. Key Features of Monad 🌟 1. High Performance and Scalability⚡: Monad can process up to 10,000 transactions per second (TPS) with one-second block times and instant finality. This is a massive leap compared to Ethereum's current capability of around 10 TPS. Such high throughput is achieved through Monad's unique consensus mechanism, MonadBFT, and parallel transaction execution (https://docs.monad.xyz/) (https://www.coindesk.com/business/2023/02/14/crypto-startup-monad-labs-aims-to-create-next-ethereum-killer-after-raising-19m/).
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Ksu
@ksunft
What?
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