Content
@
0 reply
0 recast
0 reaction
Soda
@soda
Four Pillars: A to Z About Monad "The value proposition of Monad is a very simple one. EVM is still not very performant right now, and everyone wants performance, more transactions & cheaper cost per transactions." –CEO of Monad > The problem with "fast EVM" chains was that while they were faster than Ethereum, they were still somewhat ambiguous. Monad aims to capture this demand through EVM parallel processing.
4 replies
0 recast
0 reaction
Soda
@soda
EVM (Ethereum Virtual Machine) has established itself as the most powerful narrative in the blockchain market. Whether or not one supports EVM has been a determinant of a blockchain's success, and it's no exaggeration to say we still live in the era of the EVM. Monad aims to incorporate this EVM narrative with the latest technologies in BFT consensus algorithms. While absorbing the vast community of the Ethereum ecosystem, Monad also seeks to achieve immense scalability as a monolithic blockchain. Monad also aims to achieve 10,000 TPS (Transactions per second) and single slot finality through a combination of pipelining consensus, execution, and state access, as well as parallelizing individual transactions during execution. Among the recently introduced Layer 1 monolithic blockchains, Monad is one of the first to adopt EVM. Hence, there's considerable anticipation about how this blockchain will grow after its launch.
0 reply
0 recast
0 reaction