📰 Vitalik Buterin Backs New Ethereum-Compatible Chain MegaETH in $20M Round
Vitalik Buterin has supported MegaETH, a new Ethereum-compatible blockchain, which raised $20 million in seed funding. MegaETH aims to process up to 100,000 transactions per second using innovative technologies like in-memory computing and state synchronization. The project involves notable investors such as Dragonfly Capital and Joseph Lubin. MegaETH's technical stack includes Rust Ethereum and the Alloy Merkle Patricia Trie, enhancing performance and efficiency.
