Gmon. 💜 (short entry)

Today i would like to share with you my finding - @monad_xyz

These guys are building an EVM-compatible L1 with parallel and asynchronous execution of smartcontracts.

And yes, that is 1,000x faster than Ethereum. 🔥

We don't know enough about Monad, but i'll tell you what i've known.

Main goal of Monad - build hyperefficient trustless shared global state. They are going to make it through lots of optimizations & improvements at the low and high levels.

Some of these improvements:

• Asynchronous execution (separating execution from consensus)
• Parallelization of execution
• Intelligent transaction sequencing
• Optimized contract/state storage
• Compiler optimizations

The team ex-Jump Crypto engineers that built low-latency trading and research systems, they have strong knowledge of smart contract development and blockchain protocols as well.

So, the team have a taste in interacting with the community also. Discord is closed yet, you have to be useful to get access on it.

And that's all for today, gn. 💜