2024

Bitcoin

Monad

April

<h4><strong>Monad achieved a breakthrough with 10,000 TPS on the EVM.</strong></h4> 
<p>This achievement showcases Monad’s technical prowess. It also reflects their commitment to improving blockchain scalability and efficiency.</p> 
<h5><strong>Monad’s Milestone: Scaling Blockchain Efficiency</strong></h5> 
<p>The EVM is a cornerstone of the Ethereum blockchain, enabling developers to create and deploy smart contracts and <a href="https://www.altcoinbuzz.io/?s=dapps" target="_blank" rel="noopener">DApps</a>. However, as the demand for these applications grows, so does the need for a more scalable solution. By hitting 10,000 real TPS, it establishes new standards for blockchain scalability. This hints at a future where blockchain can match the transaction volumes of major global payment networks.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Monad Devnet is live.</p> 
 <p>10,000 real TPS achieved on the EVM. <a href="https://t.co/1bnfsi6bqU">pic.twitter.com/1bnfsi6bqU</a></p> 
 <p>— Monad (evm/acc) (@monad_xyz) <a href="https://twitter.com/monad_xyz/status/1768291081303568879?ref_src=twsrc%5Etfw">March 14, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Alongside its technical success, Monad Labs celebrates a major milestone with a $225 million fundraise. This fundraise, led by Paradigm, showcases the firm’s confidence in Monad’s vision and technology.</p> 
<h5><strong>More About Monad</strong></h5> 
<p>As Monad Devnet goes live and begins to demonstrate its capabilities, the blockchain community watches with keen interest. The success of Monad could usher in a new era of blockchain development, breaking scalability barriers. It unlocks the potential for decentralized applications at an unprecedented scale.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Monad Labs is excited to announce a $225M fundraise, led by <a href="https://twitter.com/paradigm?ref_src=twsrc%5Etfw">@paradigm</a> <a href="https://t.co/cRchQd506k">pic.twitter.com/cRchQd506k</a></p> 
 <p>— Monad (evm/acc) (@monad_xyz) <a href="https://twitter.com/monad_xyz/status/1777687376136982767?ref_src=twsrc%5Etfw">April 9, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>With a successful fundraiser under its belt and a live devnet showcasing remarkable technical achievements, Monad Labs is on a fast track to revolutionizing the <a href="https://www.altcoinbuzz.io/?s=crypto+market" target="_blank" rel="noopener">blockchain space</a>. The team’s passion, combined with significant financial backing and a groundbreaking achievement in transaction processing speed, sets the stage for Monad to lead the charge in overcoming the scalability challenges that have long hindered blockchain’s mainstream adoption.</p> 
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<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/monad-hits-10k-tps-raises-225m/">Monad Hits 10K TPS &amp; Raises $225M</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Monad Hits 10K TPS & Raises $225M

Altcoin Buzz

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