The following content is a personal opinion, for reference only:

I believe that everyone in the cryptocurrency circle should have heard about the Mentougou incident to some extent.

In fact, the so-called Mentougou is an exchange, and it was the largest Bitcoin exchange at that time. At this time, some people may ask, why is it the largest Bitcoin trading platform? Because this happened in February 2014, when Ethereum was not officially launched, so basically at that time, this circle basically only had Bitcoin. Let's get back to the point.

In February 2014, the platform announced that due to security issues, about 850,000 bitcoins were stolen. 850,000 may be worth less at the time, but according to the current value, can you calculate how much it is worth? It is worth nearly 600 billion US dollars, brothers.

After this incident, Mentougou went bankrupt. The bankruptcy of the platform was a minor matter, but it was a storm-like blow to the entire crypto market. It has been ten years since then. In these ten years, how many people are still struggling to defend their rights? How many people have been separated from their wives and children? You can think about it.

But MTGOX suddenly began to transfer more than $5 billion worth of BTC to a certain address. Does this indicate that the ten-year road to rights protection for the participants of the incident at that time will begin to improve? Should compensation be started? You can think about it. If a large number of compensations are paid, then there will be selling pressure. Many people will ask, why is there selling pressure, isn’t there a lot of good news now? The bull market is coming, why not just hold it. But have you ever thought about what this group of people have experienced in the past ten years, and now it is at a high level. If you were one of them, what would you do? This is also the reason for the decline today. As for whether it can fall to that position, it depends on the specific compensation time.

Monad project advantages:

As a next-generation smart contract platform, Monad has several advantages:

1. High transaction throughput: Monad can process up to 10,000 transactions per second, far exceeding many existing blockchains. This high throughput is very suitable for application scenarios that require fast transaction processing.

2. Parallel execution: Monad uses parallel execution technology to process multiple transactions at the same time. Compared with traditional sequential execution methods, this improves network efficiency and reduces latency.

3. Instant Finality: Monad uses the pipeline consensus mechanism MonadBFT, which enables transactions to be completed instantly within each block, thereby providing faster and more reliable transaction settlement.

4. Ethereum compatibility: Monad is fully compatible with the Ethereum Virtual Machine (EVM), making it easier for developers to migrate existing Ethereum applications, and users can also use familiar tools and interfaces to make the transition.

5. Optimized scalability: Monad's innovative architecture, including parallel execution and pipelined consensus, is designed to solve scalability issues. This enables the platform to support a growing number of transactions and users.

6. Reduced operating costs: The efficiency of the Monad system may reduce transaction fees, making it an economically attractive platform for users and developers.

Investment agency:

Monad Lab has successfully raised $225 million in a funding round led by Paradigm.

This round of investment also attracted participation from well-known companies such as Electric Capital, Coinbase Ventures, Castle Island Ventures, GSR Ventures and Greenoaks. In addition, well-known angel investors such as Inversebrah, Ansem, Hsaka, punk6529, Eric Wall, Rune Christensen, Bryan Pellegrino, Luca Netz and Mert Mumtaz also participated.

project team:

Summary comments:

Ok participated in the investment, and Paradigm Crypto Fund led the investment, and led the B round, raising $225 million, which can explain a lot of things. Let’s not talk about what the project is like. The investment institution Paradigm alone can bring great hope to everyone, not to mention that the project itself is a high-performance L1 compatible with Ethereum. Everyone should be able to think of the future of Ethereum. The 2024 Bitcoin halving has just passed, the 2024 Bitcoin ETF has passed, the Ethereum ETF has passed, and so on. Too many good news indicate that in the next two years, it will definitely be a big bull, a project with strong institutions. You can think about it, what will it be like in a bull market? Personal opinion. You can enter the market and layout

Paradigm is a really great institution. You can check it out. The rate of return is very high. The institution has eliminated our worries. The following figure shows the return on investment of Paradigm:

The above are personal opinions and are for reference only.
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