Exploring Monad’s Cryptographic Secrets: Can It Help Ethereum Regain Its Glory?
Ethereum is the backbone of the new global financial system for L2 and L1 applications, and no other chain can compare.
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Ethereum is the backbone of the new global financial system for L2 and L1 applications, and no other chain can compare.
Amid the rapid development of blockchain technology, Monad and MegaETH, as two emerging projects, are driving the evolution of the Ethereum ecosystem in their own unique ways.
Monad stands out with its goal to be a highly scalable single large L1 blockchain that is both EVM-compatible and capable of processing over 10,000 transactions per second with a block time of 1 second.
Paradigm is reportedly in talks to lead a funding round in excess of $200 million for Monad Labs. If this financing is successful, it will be the largest cryptocurrency financing so far in 2024.
Monad, Bankless: Why does Monad have the potential to replace Ethereum? Golden Finance, Monad is one of the most powerful challengers to ETH.
TPS reaches 10,000+, financing reaches 19 million US dollars: Will L1 dark horse Monad disappoint people after it goes online?
As the dominant standard for smart contracts, the EVM chain has (to date) the majority of TVL, the largest developer and research network, and an incredible community that has stood the test of time (and multiple bear markets).
Hopefully Ethereum becomes a system more like Bitcoin.
Hope Ethereum becomes a more Bitcoin-like system
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