🚀 Monad just raised $225 million from Paradigm! Expected to launch testnet in late 2024 and mainnet in early 2025.

🔹 Monad is a new layer-1 smart contract platform that optimizes EVM to handle multiple transactions at the same time.

🔹 Introducing 4 improvements: MonadBFT, deferred execution, parallel execution and MonadDb.

🔹 MonadBFT: Two-phase BFT algorithm, increasing network speed and security.

🔹 Deferred execution: Separate transaction execution and consensus.

🔹 Parallel execution: Process transactions in parallel, increasing throughput.

🔹 MonadDb: Custom database, optimized for asynchronous I/O.

💬 What do you think about Monad's future? Share your opinion!#Crypto#Blockchain #BTC