About Monad

Monad is a Layer 1 blockchain designed for high performance, capable of processing up to 10,000 transactions per second while maintaining minimal transaction fees. The architecture prioritizes both security and decentralization, making it suitable for applications that require rapid transaction processing. A distinctive feature of Monad is its parallel transaction processing capability, which allows multiple transactions to be executed simultaneously rather than sequentially. This innovative approach separates the consensus mechanism from the execution phase, enabling validators to agree on transaction inclusion and order before executing them, thus enhancing throughput without compromising accuracy. Additionally, Monad is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy Ethereum-based applications on its platform without needing to alter their code. Users can interact with familiar wallets like MetaMask, facilitating a seamless transition to Monad's ecosystem. The platform is designed to operate on standard consumer hardware, reducing barriers to entry for participants in network security. Monad has successfully raised approximately $244 million in funding, with significant investments from notable firms, positioning it for further growth and development in the blockchain space.