# Monad

By [Oli975](https://paragraph.com/@oli975) · 2024-04-24

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The new L1 blockchain based on Ethereum. It is noteworthy that according to the description it is really very powerful: high bandwidth and block creation every second. At the same time, the project received significant funding of $244M from good funds. So far, in the project, you can simply subscribe to social networks

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*Originally published on [Oli975](https://paragraph.com/@oli975/monad)*