Monad is revolutionizing blockchain with rapid growth in nft, Defi projects and its public test launch, offering speed, scalability and compatibility with EVM.
Monad Public Testnet Launch
Capa 1 is taking a great step forward with the launch of its public testnet on February 19!
This marks a significant milestone after the completion of its closed test phase at the end of 2024. The Public Testnet gives developers and users the opportunity to experience Mónad's characteristics before its official Mainnet launch, planned by the end of 2025 .
A 300 m gas/s gas limit, which anticipates ayield 10,000 transactions per second (TPS) Among the central capabilities introduced by the Testnet. Developers can test the performance of the block chain in real world scenarios, as well as the implementation of decentralized applications (DAPPS) and the transaction process. In addition, stability and network preparation for generalized use are guaranteed by these tests.
About the monad
A layer 1 block chain called mono allows rapid transactions and reasonable prices while preserving decentralization. Complementing the ethereum virtual machine (EVM), provides compatibility for developer libraries, end user wallets and intelligent contracts. A dedicated database layer and parallel processing are two advances in concurrence incorporated in the design of the monada to efficiently handle the high traffic.
Read more: What is the Monad?
The complete compliance of monad with EVM bytecode is one of its key benefits. This feature allows ethereum developers to transfer or create applications quickly in the Monad without also requiring the main changes in the source code. It allows decentralized applications such as Blockchain, nft games and Defi projects to use the characteristics of monads without facing any technical challenge.
This project has received substantial funds to help with its development. In a round of funds from the A series headed by Paradigm and with the support of Coinbase Ventures, OKX Ventures, GSR Ventures and Dragonfly Capital, the project raised $ 225 million. This investment shows how much confidence there is in the Monadas Plan for a high -performance block chain compatible with EVM.
Growing monad nft ecosystem
Its ecosystem is experiencing significant growth, driven by several nft projects that offer potential white points and aerial airplanes. <a target="_blank" href="https://x.com/chogstarrr” data-wpel-link=”external” target=”_blank” rel=”nofollow external noopener noreferrer”>Lil ChogstarsA PFP series inspired by 'Chog' is generating emotion within the community by spreading wonderful pieces of art.
<a target="_blank" href="https://x.com/monadverse” data-wpel-link=”external” target=”_blank” rel=”nofollow external noopener noreferrer”>MonadverseWith the very anticipated series of monanimales and supported by the co -founder of Monad, he is gaining attention as an outstanding nft initiative.
Other notable projects include <a target="_blank" href="https://x.com/monadians_xyz” data-wpel-link=”external” target=”_blank” rel=”nofollow external noopener noreferrer”>MonadianA futuristic PFP project led by members of the Monad community, and <a target="_blank" href="https://x.com/spikynads” data-wpel-link=”external” target=”_blank” rel=”nofollow external noopener noreferrer”>Pointed nadsA Pixel -style nft collection with white list opportunities linked to active commitment.
Source: Nftevening