🚀MegaLabs, the genius behind a new Ethereum scaling protocol so fast it's practically teleportation, just bagged a cool $20 million in a seed round. Dragonfly Capital led the charge, with Ethereum's very own Vitalik Buterin among the angel investors.

💰The cash injection will be used to build out the MegaETH protocol, aiming to have a testnet live in a few months. MegaETH is all about speed, planning to process a whopping 100,000 transactions per second. That's like the Flash of blockchains!

🔧MegaETH's secret sauce? A heterogeneous blockchain architecture and a hyper-optimized EVM execution environment. Basically, it's like putting a rocket engine in a sports car.

📝Inspired by Buterin's 2021 blog post "Endgame", MegaETH is all about scaling Ethereum. Buterin himself seems thrilled, saying "I am excited to see brilliant developers taking on this challenge."

💬What do you think about MegaETH's ambitious plans? Is it the future of Ethereum scaling or just another pipe dream? Let's discuss in the comments! #DeFi #Web3 #Ethereum #MegaETH