The Monad platform, built on C++ and Rust, aims to redefine blockchain scalability with support for 10,000 transactions per second.
General Characteristics of Monad
Monad is designed with a focus on high performance, promising half-second block times and near-instant finality of transactions. The platform aims to provide negligible fees.
Support for dApps and Integrations
At launch, Monad will support top dApps including Uniswap, Magic Eden, and OpenSea, and integrate with widely used wallets like MetaMask, Rabby, OKX, and Backpack.
Funding and Developers
The project has secured $225 million in funding led by Paradigm and was developed by former Jump Trading staff. Monad promises full compatibility with Ethereum-based tools and smart contracts, requiring no changes to existing codebases.
Monad aims to revolutionize blockchain infrastructure, delivering greater speed and efficiency for both developers and users.