Due to time zone differences, some promotional materials list September 29. The platform aims to redefine scalability by supporting 10,000 […]
The post This Next-Gen Layer-1 Goes Live in September—What You Should Know appeared first on Coindoo.
Due to time zone differences, some promotional materials list September 29.
The platform aims to redefine scalability by supporting 10,000 transactions per second, with half-second block times and near-instant finality—all while maintaining negligible fees. Built from scratch in C++ and Rust, Monad positions itself as a high-performance alternative to Ethereum’s base layer.
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At launch, Monad will support top dApps including Uniswap, Magic Eden, and OpenSea, and integrate with widely used wallets like MetaMask, Rabby, OKX, and Backpack. Its total token supply is capped at 100 billion.
Backed by $225 million in funding led by Paradigm, Monad Labs is the brainchild of former Jump Trading developers. The project promises full compatibility with Ethereum-based tools and smart contracts, requiring no changes to existing codebases.
By offering native Ethereum support at significantly greater speed and efficiency, Monad aims to deliver a breakthrough in blockchain infrastructure for both developers and users.
The post This Next-Gen Layer-1 Goes Live in September—What You Should Know appeared first on Coindoo.
Source: https://coindoo.com/this-next-gen-layer-1-goes-live-in-september-what-you-should-know/
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