Can Monad change the L1 track?

Source: 0xmonomi

In the beginning of 2024, EVM compatible with the blockchain Monad announced that the internal test network will soon be released, causing industry attention.This project completed $ 19 million in the same period last year.As of the end of 2023, nearly 60 projects have announced that they will be built based on Monad.

The following will be interpreted for you, why can Monad set off such a high heat.

JUMP Trading was made of the original class, Monad has many highlights in the technical concept

In 2024, before Jump Trading, the headpiece Keone Hon and his partner James Hunsaker, who have joined hands with him for many years, founded the Monad project. The Layer’s 11 -level “parallel processing” revolutionary EVM execution efficiency was opened to open up the EVM ecosystem.Here comes a line of vitality.

The team led by Keone Hon is a group of experts in the fields of high -performance computing, machine learning, and distributed systems. They have a wealth of experience accumulated in Jump Trading.Under the leadership of Keone and James, Monad Labs challenged the existing Layer1 plus Layer2 expansion strategy.They believe that although this strategy can solve the problem of capacity expansion in the short term, in the long run, it destroys the essential combination of blockchain.

Monad’s goal is to create a high -performance underlying network. It has significantly improved its execution efficiency through parallel processing technology, which not only maintains the combination of the chain, but also supports more complex applications and wider use.Their vision is to achieve a new world that has far exceeded the blockchain infrastructure of Ethereum and opens decentralized applications.

At the end of 2023, Mert Mumtaz, the chief executive of Helius, and the chief technical officer of the top venture capital company Paradigm Georgios Konstantopoulos and other heavyweight characters, have given high evaluation and expectations for Monad and its parallel EVM concepts.

TPS is as high as 10,000, Monad is committed to becoming a complete decentralization and scalability L1 platform

Monad is different from traditional blockchain projects. It is a first -layer (L1) blockchain platform compatible with Ethereum virtual machine (EVM) mechanism (POS) mechanism (POS) mechanism (POS) mechanism.Its core goal is to significantly improve the implementation efficiency in the Ethereum ecosystem through technological innovation.Monad realizes the amazing throughput of 10,000 smart contract transactions per second through the deep -customized virtual machine design and improved Byzantine fault tolerance (BFT) consensus mechanism.

At the technical level, Monad has fundamentally improved the performance of the blockchain through a series of revolutionary design and optimization.The client written by C ++ and Rust emphasizes the importance of performance. Monad faces a series of challenges that include Ethereum such as inefficient storage access, single -threaded execution restrictions, and limited execution budgets., Delayed execution and MonadDB, a database that stored the blockchain status, successfully solved these problems.

The reason why Monad chose to be an independent L1 blockchain instead of adopting the ROLLUP solution is mainly based on the three key factors: decentralization, performance and focus.Compared with Rollup, which depends on a few operators, Monad is committed to creating a platform with a completely decentralized, ultra -high -performance and highly scalability.This decision not only reflects Monad’s commitment to decentralization, but also shows its team’s focus and contribution to the development of blockchain technology, improving computing efficiency, and user experience.

Monad’s technological innovation and strategic choice jointly wrote the beginning of the new chapter of blockchain technology.As the project attracts more and more attention and participation, Monad is preparing to open up a new future of the encrypted world while promoting blockchain technology.

As the L1 project that knows the MEME community game, there are even scammers who cheat money in the name of Monad

Monad shows how to use social media and Meme culture to enhance brand image and community cohesion through its unique community interaction and marketing strategies (such as the MEME contest).The success of this strategy reminds people of Solana’s community construction, and the latter also attracted a large number of loyal users through the Meme marketing strategy.This is more curious whether Monad can learn from Solana’s experience to create its own legendary story in the field of Layer1’s expansion.

Although Monad has achieved great achievements in community construction and marketing, its technical prospects and ecological potential are the focus of the industry’s true attention.At present, Monad has not yet announced the specific situation of the token information and the main network test, which makes investors and community members full of expectations and uncertainty about their future.Keone has revealed that nearly 60 projects are planned to build on the Monad platform, which shows that its technical foundation and ecological potential have been recognized by the market.

With the increasing influence of the Monad brand, the fishing imitation number appearing on social media has also brought security risks to community members.Monad officially issued a warning on this to remind members of the community to maintain vigilance and avoid being deceived by leaking personal information.

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