The blockchain industry faces ongoing challenges related to scalability, transaction costs, and accessibility. Monad Network aims to solve these issues by offering a high-performance, Ethereum Virtual Machine (EVM)-compatible layer 1 blockchain capable of 10,000 transactions per second (TPS) and 1-second block times.

Unlike Ethereum, where high fees and slow speeds hinder widespread adoption, Monad Network delivers fast, efficient, and cost-effective blockchain solutions for developers and users alike.

What is Monad Network?

Monad Network is a layer 1 blockchain designed for high-speed decentralized applications (dApps). It offers:

  • Full EVM compatibility – Any existing Ethereum smart contract can run on Monad without modifications.
  • Near-zero gas fees – Transactions cost significantly less than on Ethereum.
  • 1-second block times – Ensuring rapid transaction finality.
  • Low hardware requirements – Making it easier for users to run network nodes.

By implementing parallel and asynchronous execution and using a custom MonadsDB storage system, Monad Network optimizes blockchain performance, reducing bottlenecks common in traditional EVM chains.

Key Features of Monad Network

1. High-Performance Blockchain Processing

Monad achieves 10,000 TPS, which is exponentially higher than Ethereum’s 10 TPS and significantly outperforms EVM rollups that typically reach around 50 TPS.

2. Full Ethereum Compatibility

Developers can seamlessly deploy existing Ethereum-based smart contracts on Monad without modifying their code. This means that any Ethereum-based DeFi,   or GameFi project can run on Monad with improved performance and lower costs.

3. Near-Zero Gas Fees

Ethereum’s high gas fees often make transactions expensive, especially during network congestion. Monad Network optimizes fees to sub-cent levels, making transactions accessible for all users.

4. Low Hardware Requirements

Most blockchain networks require expensive server infrastructure for running nodes, leading to centralization. Monad Network uses MonadsDB, a custom-built database that:

  • Stores most state data on SSDs instead of RAM, reducing memory costs.
  • Leverages Linux kernel technology to enable parallel state access.

This makes running a Monad node more affordable and encourages decentralization.

Technological Innovations Powering Monad Network

Monad Network integrates multiple cutting-edge technologies to achieve scalability, speed, and efficiency.

1. Optimistic Parallel Execution

  • Uses multiple virtual machines to process transactions in parallel.
  • Predicts transaction dependencies, ensuring seamless execution.

2. Asynchronous Execution

  • Allows transactions to begin executing while the next block is being validated.
  • Reduces network congestion and enhances overall efficiency.

3. Custom BFT Consensus Mechanism (MonadsBFT)

  • Optimized version of HotStuff consensus.
  • Reduces communication phases, improving transaction speed and security.

4. MonadsDB: The First EVM-Optimized Database

  • Designed for efficient Merkle Patricia Trie (MPT) storage.
  • Outperforms traditional databases used by Ethereum.

Monad Network Founding Team and Expertise

Monad Network was founded by high-frequency trading (HFT) experts specializing in low-latency systems:

  • James Hunsaker (CTO) – A former engineer at Jump, specializing in real-time trading algorithms.
  • Keone Hon (CEO) – R&D specialist at Jump Crypto, focused on blockchain scalability.
  • Eunice Giarta (COO) – Leads business development and growth strategies.

Their HFT background is reflected in Monad’s architecture, which prioritizes speed and efficiency.

Joining the Monad Testnet

Developers and users can explore Monad Network by joining its testnet, available at testnet.monad.xyz.

Steps to Join the Monad Testnet:

  1. Set Up a Compatible Wallet

    • Supported wallets include Phantom, OKX Wallet, Uniswap Wallet, and Backpack.
    • Other EVM wallets require manual configuration from testnet.monad.xyz.

  2. Claim Test Tokens (MON)

    • Use the faucet at testnet.monad.xyz to get MON tokens.
    • Allocation varies based on Discord roles and Ethereum mainnet holdings:
      • 5 MON for “Full Access” Discord role.
      • 2 MON for wallets with ≥0.01 ETH and outgoing transactions.
      • 0.05 MON for all other users.

  3. Explore the Testnet Ecosystem

    • Trade on Uniswap in testnet mode.
    • Interact with Monad’s dApp ecosystem at monad.xyz/ecosystem.

Monad Network The High-Performance EVM-Compatible Blockchain

Developer Support and Community Engagement

Monad Network actively supports developers through grants, hackathons, and accelerators:

  • Monads Madness – A $1M global pitch competition for blockchain startups.
  • EVM/Accathon – A hackathon at ETHDenver 2025, providing funding for top projects .
  • Mach Accelerator – Offers mentorship and workshops for blockchain startups.

Future Outlook for Monad Network

With over 80 independent dApps and protocols already committed to building on Monad, the network is rapidly expanding. Key growth areas include:

  • DeFi applications – More than 65% of Monad’s ecosystem is focused on decentralized finance.
  • Cross-chain interoperability – Integration with LayerZero for seamless asset transfers.
  • Scalability improvements – Ongoing research into advanced execution models.

Final Thoughts

Monad Network is shaping up to be a leading layer 1 blockchain, offering high-speed transactions, EVM compatibility, and low-cost operations. Its technological innovations, experienced team, and active developer ecosystem position it as a potential game-changer in the blockchain industry.

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