TonyMo0ntana 🎩
@tonymo0ntana
Just dropped this on twitter, thought might as well leave it here for you distinguished degens Keep an eye out for @monad-xyz Upcoming layer 1, EVM compatible powerhouse with 10.000 transactions per second & 1 sec block time 🔥 What's Monad all about & what makes it so efficient? Lets dive in 👇 Monad.xyz
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TonyMo0ntana 🎩
@tonymo0ntana
@monad-xyz raised $19m during seed round feb23- consisting of VC's & angels incl. @undefined Project is very memeable and has an active (degen) community - you might see a purple frog pop up This chain faf: 10k transactions per second, 1 second blocktime and instant finality
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TonyMo0ntana 🎩
@tonymo0ntana
Founders Keone & James both worked for Jump Trading, one of the top crypto VC trading firms - both had leadership positions Eunice has a background in traditional finance & fintech and has managed the build of enterprise trading systems before I added the faces 🙃
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TonyMo0ntana 🎩
@tonymo0ntana
All have proven leadership & system development experience - which makes them a good fit for the job Team consist of 29+ people total, with about half consisting of engineers 🥸 Community is legit too, bunch of degens ready to die for the cause - Purple Pepe everywhere 🔥
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TonyMo0ntana 🎩
@tonymo0ntana
For an EVM compatible chain its FAF, a few things are important here: MonadBFT - Monads consensus mechanism: It separates transaction ordering and executions into different stages, assuring instant finality within each block No more 10 second waits for a confirmation 💪
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TonyMo0ntana 🎩
@tonymo0ntana
Parallel execution- Monads main feature: Process multiple transactions simultaneously, instead of one at a time 🤷♂️ This together with some other nifty shit allows Nomad to schedule decisions in parallel - increasing supported scale & throughput on the chain🔁
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TonyMo0ntana 🎩
@tonymo0ntana
I'm bullish, will be a cheap and fast alternative to ETH - EVM compatible so ezz for projects to jump over & timing could be + Tesnet is expected any moment & tokenomics are not out yet - meaning your early on this one 🧐 Keep an eye on their socials https://discord.gg/monad
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