Monad is a Layer 1 blockchain, which means it is the primary and fundamental layer of the blockchain. This layer includes the main protocols of the blockchain, such as how blocks are created, how transactions are verified, and how data is transferred on the network. Networks that use this layer are called Layer 1 networks or L1 networks. These networks are usually used for executing smart contracts and digital currency transactions, and use this layer to ensure security and trust in the netwo...