Monad is a layer-1 scaling solution that aims to address the scalability limitations of EVM-compatible blockchains like Ethereum. It offers extreme scalability, near-instant transactions, and full EVM compatibility. Monad achieves high throughput of up to 10,000 TPS with a block time of one second through parallel execution, deferred execution, MonadBFT consensus, and its custom-built state storage database, MonadDb. This makes it suitable for various use cases such as decentralized exchanges, high-frequency trading, gaming ecosystems, NFT marketplaces, enterprise and IoT applications. While Monad offers significant benefits, its technical complexity and potential vulnerabilities should be considered. Nonetheless, Monad has the potential to reshape blockchain adoption if it fulfills its ambitious goals.



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