
ADEN_Web3 Quarters 😎
February 18, 2025 at 10:12 AM
Monad will launch Testnet tomorrow
Ethereum-compatible L1 blockchain Monad will roll out public testnet tomorrow, February 19. The network's token will be used to pay for transactions included within blocks, known as a carriage cost, and for transactions to be executed.
ℹ️Monad is building a high-performance Ethereum-compatible Layer 1 blockchain designed to improve the overall Ethereum ecosystem by offering 10,000 TPS of throughput and introducing parallel execution and superscalar pipelining.
It raised $244M in two funding round backed by Paradigm, Electric Capital, Greenoaks Capital, DragonFly, Shima Capital, Lemniscap and others.
🔗 x.com/monad_xyz/status/1891549662336676009