Monad is currently making a huge move in the crypto industry, claiming to be the fastest blockchain ever created. Since it involves a lot of technical jargon and complexity, here’s a simple explanation of Monad.
What Is Monad?
Monad is a high-performance blockchain platform designed as an EVM-compatible Layer 1 scaling solution. Monad offers full compatibility with the EVM, allowing users and developers to access existing apps within the Ethereum ecosystem. Monad claims to have a throughput of 10,000 transactions per second (TPS).
Imagine you have a busy restaurant kitchen, and you need to prepare many dishes at the same time. Usually, you might cook one dish after another, which can take a long time. But what if you had a special kitchen setup that allowed you to prepare all the dishes at once? That’s what Monad does for computers!
Many Dishes (Tasks) at Once: Just like a busy restaurant can handle many orders simultaneously, Monad allows a computer to process a lot of tasks (like 10,000 requests) at the same time.
Quick Results: In a well-organized kitchen, you can serve all the dishes in just a few minutes instead of waiting hours for each order. Monad helps computers get things done quickly!
More Efficiency, Less Waiting: With Monad, when you’re preparing meals, everything can be done faster, which makes the experience smoother because you won’t have long waiting times.
How Monad works?
Super Fast Kitchen Setup: Monad is like having a special kitchen design that allows multiple chefs to cook different dishes at the same time, making everything much quicker.
Smart Cooking Stations: Just like each chef might have a separate station to work on a specific dish simultaneously, Monad can handle various parts of a task at once.
Many Chefs Working Together: Imagine having several chefs in the kitchen who can work on different parts of the meal at the same time, like one chef grilling while another is chopping vegetables. Monad allows for parallel processing of multiple tasks.
Organized Workflow: Monad knows the best way to prepare each dish, ensuring everything is cooked in the right order and at the right time, minimizing delays. This means that when the orders come in, the kitchen can efficiently manage them without wasting time.
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