jakiro
Author: Vanguard_
Layer 1 Blockchain Monad Labs recently announced a $ 225 million financing. This round of financing was led by Paradigm. Electric Capital, Sevenx Ventures, iOSG Ventures, and Greenoaks also participated in investment.The financing was the largest in the field of cryptocurrency since 2024.Keone Hon, the founder of Monad Labs, said that Monad’s goal is to rebuild the Ethereum blockchain to retain the function of executing smart contracts, while achieving faster trading speed, higher processing capacity and lower costs.Essence
The goal of the project directly points to existing high -performance blockchains such as Solana and SUI. Its strong financial support and technological innovation show its potential to become the top blockchain platform.Soon after, HTX Ventures also announced a strategic investment in Monad Labs, which will further promote the innovative development of the Web3 ecosystem.
The next content will be introduced in depth the details, technological innovation, and its potential impact on the existing blockchain ecosystem.
Beyond the limit: EVM’s security and challenges, and the road of Monad Labs
Ethereum virtual machine (EVM) is an important innovation of blockchain technology. It is not only the calculation engine of Ethereum network, but also the core of realizing smart contracts and decentralized applications (DAPPS).As a complete system of quasi -spell, EVM allows smart contracts to seamlessly execute on the Ethereum blockchain, supporting the operation and development innovation of the entire network.
EVM’s core function and architecture
EVM executes smart contracts through bytecode, and bytecode is the result of compiling advanced language (such as solidity).These bytecode instructions control all operations from arithmetic operations to data storage and retrieval.As a stack machine, the operation of EVM is based on the principle of backward advancement. Each operation consumes a certain “GAS”. This mechanism measures the calculation complexity of each operation, ensure the fairness of resources and prevent network abuse.
In Ethereum, transactions can be divided into two types: triggering message call calls and contract creation. Among them, the contract creation trading will generate a new contract account on the blockchain, including the corresponding post -compiled smart contract bytecode.The execution of smart contracts involves multiple components of EVM, including stacks, memory, and long -lasting storage, and the latter saves the contract status on the blockchain.
EVM’s security mechanism
In order to ensure the security execution of smart contracts, EVM has designed multiple protection measures.This includes an isolated execution environment to prevent heavy incoming attacks, setting GAS costs, and depth of stacking.These security characteristics are the key to maintaining network trust and consistency.
EVM influence and its expansion
EVM’s influence is far more than that of Ethereum itself. Many EVM compatibility chains have undertaken the task that pushes this technology to a wider range of application.These concurrent chains not only maintain the high degree of compatibility with Ethereum applications, but also can interact with mainstream Ethereum such as Metamask and Etherscan, which greatly promotes its corporate solutions, game finance (Gamefi) and decentralized finance.(DEFI) application in areas.
However, although EVM is widely deployed in the blockchain field, the limitations of its processing speed and cost efficiency have gradually emerged.This has prompted projects like Monad Labs to solve these bottleneck problems through technological innovation, promote the development of parallel processing technology and optimizing consensus mechanisms. It is not only compatible with EVM, but also greatly improves the speed and system efficiency of transaction.The development direction of blockchain technology.Through such innovation, Monad and other projects aim to improve the overall performance of the blockchain while solving the scalability of existing technology to support more widely used application scenarios and more complex business needs.
Monad Labs: Innovative Ethereum compatible layer one blockchain platform
Break through the new hope of the performance restriction of Ethereum virtual machine
Monad Labs was founded in 2022 by the former Jump Crypto senior engineers Keone Hon and James Hunsaker, with the goal of solving the performance limitations of the Ethereum virtual machine (EVM) through technological innovation.Shortly after the project was launched, in February 2023, Monad Labs completed a $ 19 million seed round financing.By March 2024, Paradigm led a funds of more than 200 million US dollars, creating the largest financing of the cryptocurrency field that year.
Technical Revolution: Excellent Film lines and parallel execution
Monad is a high -performance Ethereum compatible L1 blockchain. It has significantly improved the throughput and transaction speed of the system by introducing innovative technology.Specifically, Monad has optimized in the following four main areas:
MonadBFT -A optimized consensus algorithm, using a channelized hotstuff BFT model, enhanced consensus efficiency.
Delayed execution -through separation consensus and execution, the delay was reduced and the execution speed was improved.
Parallel execution -optimizing transaction processing with optimistic parallel algorithms, supporting the processing speed of more than 10,000 TPS.
MonadDB -A high -performance state back -end database optimizes data storage and access speed.
These technological innovation not only improves performance, but also guarantees the compatibility with existing EVM applications. It can be migrated to Monad without modification.
Market Strategy: Effective community interaction
Monad Labs not only seek technical innovation, but its marketing strategy is also very targeted and creative.The team frequently interacts with the community through Twitter and Discord, and has a large number of fans.They regularly host the MEME competition, using the creativity of the community to add vitality to marketing activities, effectively improving user participation and project visibility.
The next -generation blockchain platform with height transplant and transcendence
Monad provides users and developers with the functions of the two in the two: height transplantability and excellent performance.
Transplantable: Monad fully supports the EVM bytecode, which means that the application developed by Ethereum can be migrated to Monad without changing the code. The complete Ethereum RPC API compatibility also makes common tools such as Metamask and Etherscan.
Performance: Through its technological innovation, Monad realizes the throughput of 10,000 transactions per second and the outlet time within 1 second, which is greatly better than most blockchain platforms on the current market.
Monad: Undested the next -generation blockchain platform of Ethereum?
The optimization of Monad not only improves the speed of transaction, but also reduces operating costs, making it an ideal platform for the development of decentralized applications (DAPPS).Through these technological innovations, Monad is expected to become Ethereum standards in the next few years to provide users and developers with more efficient and more economical blockchain solutions.
Each of Monad’s technological progress is the challenge and progress of existing blockchain technology, indicating that the future of decentralized applications will be more extensive and popular.Through its strong technical foundation and positive market strategies, Monad Labs is gradually achieving its vision of becoming a high -performance blockchain platform.
Monad Labs: Unlock Ethereum performance bottlenecks, open a new era of blockchain
With the continuous evolution of blockchain technology and the rapid expansion of the encrypted market, the performance restrictions of Ethereum virtual machine (EVM) have become a challenge to be solved, especially when dealing with large -scale transactions and application scenarios.In this context, Monad Labs has significantly improved the blockchain processing capacity with its revolutionary parallel execution and over -standard assembly line technology, and increased throughput to 10,000 transactions per second.
Monad has not only achieved major breakthroughs in technical, but its complete compatibility with Ethereum also ensures that the existing Ethereum applications can be seamlessly migrated, which greatly reduces the migration cost of developers and the use threshold of users.In addition, its innovative MonadBFT consensus mechanism and MonadDB status database provide a strong guarantee for the security and stability of the blockchain.
As an important supplement to the Ethereum ecology, the appearance of Monad not only provides more choices for developers, but also brings users a faster and lower cost interactive experience.In the future, with the addition of more applications and users, Monad is expected to occupy a place in the high performance and scalability competition of the blockchain.
In the end, Monad Labs’s continuous innovation and development, coupled with its positive community participation and market strategies, indicates that it will play a key role in promoting new progress in blockchain technology standards.With the launch of its public test network and the implementation of more optimizations, Monad will not only enhance the competitiveness of the Ethereum ecosystem, but also bring wider benefits to global developers and users.
