Monad is a high-performance Ethereum-compatible L1. Monad materially advances the efficient frontier in the tradeoff between decentralization and scalability.Monad introduces optimizations in four major areas, resulting in a blockchain with throughput of 10,000 transactions per second (tps):<ul><li>MonadBFT</li><li>Deferred Execution</li><li>Parallel Execution</li><li>MonadDb</li></ul>Monad's improvements address existing bottlenecks while preserving seamless compatibility for application developers (full EVM bytecode compatibility) and users (Ethereum RPC API compatibility). As a result, the rich landscape of Ethereum tooling and applied cryptography research can plug seamlessly into Monad while benefiting from improved throughput and scale:<ul><li>applications (any dapp built for Ethereum)</li><li>developer tooling (e.g. Hardhat, Apeworx, Foundry)</li><li>wallets (e.g. MetaMask)</li><li>analytics/indexing (e.g. Etherscan, Dune)</li></ul>The Monad client is built with a focus on performance and is written from scratch in C++ and Rust. The subsequent pages survey the major changes in Monad as well as the interface for users.

<h4>Monad Fundraise</h4>Monad Lab has successfully raised $225 million in a funding round spearheaded by Paradigm.The investment round also attracted contributions from distinguished firms such as Electric Capital, Coinbase Ventures, Castle Island Ventures, GSR Ventures, and Greenoaks. Additionally, prominent angel investors like Inversebrah, Ansem, Hsaka, punk6529, Eric Wall, Rune Christensen, Bryan Pellegrino, Luca Netz, and Mert Mumtaz participated.Monad is building an Ethereum virtual machine (EVM)-compatible Layer 1 blockchain designed to improve the overall Ethereum ecosystem.Monad enables parallel execution for EVM transactions that don’t have common dependencies. That is, transactions and blocks are still linearly ordered; Monad simply identifies transactions within that linear ordering that can be executed in parallel without disruption to the outcome. This allows Monad to process transactions more efficiently without disrupting app developers. Apps originally written for Ethereum and deployed on Monad will still work the same way.Transactions without common dependencies are scheduled in parallel on separate cores. Transactions with common dependencies are scheduled back to back. Consecutive scheduling also reduces I/O overhead, a significant component of latency in the existing EVM implementation.

Monad

Monad is a Layer1 EVM-compatible blockchain with parallel execution.

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