Monad is an EVM-compatible L1 chain, but with some significant rethinking around the core pillars of Ethereum. Therefore, Monad is capable of processing up to 10,000 transactions per second. Recently Monad released their devnet.
JinseFinanceParadigm 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.
JinseFinanceMonad, Bankless: Why does Monad have the potential to replace Ethereum? Golden Finance, Monad is one of the most powerful challengers to ETH.
JinseFinanceTPS reaches 10,000+, financing reaches 19 million US dollars: Will L1 dark horse Monad disappoint people after it goes online?
JinseFinanceAs 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).
JinseFinanceIn the world of blockchain technology, terms like Mainnet, Testnet, and Devnet are frequently used but often misunderstood.
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