This Next-Gen Layer-1 Goes Live in September—What You Should Know
The post This Next-Gen Layer-1 Goes Live in September—What You Should Know appeared on BitcoinEthereumNews.com. Blockchain Monad, a new high-speed Layer-1 blockchain designed to mirror Ethereum’s ecosystem while vastly outperforming it, is set to debut its mainnet on September 30. 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. 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. Author Alexander Stefanov Reporter at Coindoo Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics. Related stories Next article Source: https://coindoo.com/this-next-gen-layer-1-goes-live-in-september-what-you-should-know/
The post This Next-Gen Layer-1 Goes Live in September—What You Should Know appeared on BitcoinEthereumNews.com.
Blockchain Monad, a new high-speed Layer-1 blockchain designed to mirror Ethereum’s ecosystem while vastly outperforming it, is set to debut its mainnet on September 30. 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. 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. Author Alexander Stefanov Reporter at Coindoo Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics. Related stories Next article Source: https://coindoo.com/this-next-gen-layer-1-goes-live-in-september-what-you-should-know/
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