Monad introduced its testnet as part of a phased release

#Monad has rolled out its testnet as part of a phased release following the launch of its devnet in March. Monad claims to have optimized #Ethereum for higher throughput, offering up to 10,000 TPS with a one-second block time. The network's token will be used to cover the carriage cost of including transactions in blocks and for executing transactions.

Monad is a high-performance Ethereum-compatible #Layer1 blockchain. Previously, it secured $244M from Paradigm, Electric Capital, Placeholder Capital and others.

👉 theblock.co/post/327005/monad-testnet