The highly anticipated public blockchain project, Monad, has announced its testnet launch scheduled for tomorrow. Since the announcement, the project has garnered unprecedented attention and participation, with the number of participants skyrocketing. What value can we capture from this development?

As blockchain technology rapidly evolves, scalability and performance have remained key challenges for public blockchains, especially those compatible with the Ethereum Virtual Machine (EVM). Against this backdrop, Monad has captured significant industry attention with its innovative technology and ecosystem design. Monad aims to provide a high-performance, decentralized, and low-cost public blockchain, addressing the performance bottlenecks of the EVM and offering developers a more efficient platform.

One of Monad's key technological innovations is the concept of "Parallel EVM." Traditional EVMs operate on a serial execution model, where each transaction must be processed in sequence, leading to performance bottlenecks, especially in throughput and latency. Monad introduces a parallel execution mechanism that allows multiple transactions to be processed simultaneously, significantly boosting throughput. This means Monad can achieve the same task efficiency with only half the computational power of Solana!

Currently, Monad's performance reaches 10,000 TPS, surpassing Ethereum's performance limits and approaching Solana's efficiency. This makes it highly suitable for complex and high-frequency application scenarios such as decentralized finance (DeFi), social networking, and gaming.

To further enhance performance, Monad has developed its own database solution—Monad DB. Traditional blockchains often suffer from inefficient disk access due to Merkle tree storage, especially in scenarios with frequent state access. Monad addresses this by storing Merkle trees directly on SSDs, reducing read amplification and improving data access efficiency. This is particularly effective during parallel transaction execution, allowing for efficient retrieval of dependent data from SSDs and accelerating smart contract execution.

As Monad continues to advance in technology and capital, many industry insiders are comparing it to Solana and Ethereum. Keone Hon, Monad's CEO, has described Monad as a "combination of Ethereum and Solana," meaning it not only maintains EVM compatibility but also achieves Solana-like high performance.

Compared to Solana, Monad achieves Layer 1 scaling through parallel EVM (reducing size and increasing efficiency) without over-relying on Layer 2 solutions. Compared to Ethereum, Monad optimizes the performance of the EVM execution layer, enabling Ethereum applications to achieve higher performance and lower transaction costs on the Monad platform. This makes Monad an efficient platform that balances compatibility and performance, offering an ideal solution for developers and applications.

Monad's technological innovation has not only attracted the attention of developers but also secured support from top-tier investors. In early 2024, Monad announced a $225 million funding round led by Paradigm, with participation from Electric Capital, Amber Group, Animoca Ventures, and other well-known institutions. This funding news has undoubtedly bolstered market confidence in Monad's future development.

Unlike traditional blockchain projects, Monad's ecosystem is rapidly developing, attracting numerous projects and developers. For example, aPriori, Kintsu, Kuru, and other projects built on Monad have already secured tens of millions of dollars in funding. In particular, in areas such as DeFi, NFTs, and liquidity staking, Monad provides developers with a more efficient and low-cost platform, significantly lowering the development threshold and accelerating project implementation.

Through technological innovations such as parallel EVM, deferred execution, Monad BFT, and Monad DB, Monad has broken through the performance bottlenecks of traditional blockchains, offering developers a high-efficiency, low-cost platform. With strong technical support and backing from top-tier capital, Monad is emerging as a vital infrastructure in the blockchain industry.

The highly anticipated public blockchain project, Monad, has announced its testnet launch scheduled for tomorrow. Since the announcement, the project has garnered unprecedented attention and participation, with the number of participants skyrocketing. What value can we capture from this development?

As blockchain technology rapidly evolves, scalability and performance have remained key challenges for public blockchains, especially those compatible with the Ethereum Virtual Machine (EVM). Against this backdrop, Monad has captured significant industry attention with its innovative technology and ecosystem design. Monad aims to provide a high-performance, decentralized, and low-cost public blockchain, addressing the performance bottlenecks of the EVM and offering developers a more efficient platform.

One of Monad's key technological innovations is the concept of "Parallel EVM." Traditional EVMs operate on a serial execution model, where each transaction must be processed in sequence, leading to performance bottlenecks, especially in throughput and latency. Monad introduces a parallel execution mechanism that allows multiple transactions to be processed simultaneously, significantly boosting throughput. This means Monad can achieve the same task efficiency with only half the computational power of Solana!

Currently, Monad's performance reaches 10,000 TPS, surpassing Ethereum's performance limits and approaching Solana's efficiency. This makes it highly suitable for complex and high-frequency application scenarios such as decentralized finance (DeFi), social networking, and gaming.

To further enhance performance, Monad has developed its own database solution—Monad DB. Traditional blockchains often suffer from inefficient disk access due to Merkle tree storage, especially in scenarios with frequent state access. Monad addresses this by storing Merkle trees directly on SSDs, reducing read amplification and improving data access efficiency. This is particularly effective during parallel transaction execution, allowing for efficient retrieval of dependent data from SSDs and accelerating smart contract execution.

As Monad continues to advance in technology and capital, many industry insiders are comparing it to Solana and Ethereum. Keone Hon, Monad's CEO, has described Monad as a "combination of Ethereum and Solana," meaning it not only maintains EVM compatibility but also achieves Solana-like high performance.

Compared to Solana, Monad achieves Layer 1 scaling through parallel EVM (reducing size and increasing efficiency) without over-relying on Layer 2 solutions. Compared to Ethereum, Monad optimizes the performance of the EVM execution layer, enabling Ethereum applications to achieve higher performance and lower transaction costs on the Monad platform. This makes Monad an efficient platform that balances compatibility and performance, offering an ideal solution for developers and applications.

Monad's technological innovation has not only attracted the attention of developers but also secured support from top-tier investors. In early 2024, Monad announced a $225 million funding round led by Paradigm, with participation from Electric Capital, Amber Group, Animoca Ventures, and other well-known institutions. This funding news has undoubtedly bolstered market confidence in Monad's future development.

Unlike traditional blockchain projects, Monad's ecosystem is rapidly developing, attracting numerous projects and developers. For example, aPriori, Kintsu, Kuru, and other projects built on Monad have already secured tens of millions of dollars in funding. In particular, in areas such as DeFi, NFTs, and liquidity staking, Monad provides developers with a more efficient and low-cost platform, significantly lowering the development threshold and accelerating project implementation.

Through technological innovations such as parallel EVM, deferred execution, Monad BFT, and Monad DB, Monad has broken through the performance bottlenecks of traditional blockchains, offering developers a high-efficiency, low-cost platform. With strong technical support and backing from top-tier capital, Monad is emerging as a vital infrastructure in the blockchain industry.