CRYPTO NEWS AND UPDATES | TUTORIALS AND GUIDES - Monad Blockchain EVM

Monad Projects | Top Projects in Monad

11/3/2024

Here are some summary of good potential projects in monad blockchain:

@TowneSquarexyz
"Enable seamless access to your Web3 application for users worldwide at any time, by establishing versatile distribution pathways through tailored onboarding links for Web3 apps."

@Levr_bet

LEVR.bet offers a platform for decentralized sports betting where users can merge the benefits of leveraged DeFi (Decentralized Finance) with conventional sports wagering.

@Chippedsocial

These aren't ordinary stick-on nails; they come equipped with NFC technology. Simply touch your nail to a smartphone to transmit your profile information.

www.bellacryptonow.com/hahawallet.html@haha_app

Introducing the cutting-edge smart wallet, driven by account abstraction technology, tailored for cryptocurrency enthusiasts. Our application offers the ultimate mobile trading experience!

www.bellacryptonow.com/rarebetsports.html@rarebetsports

RareBetSports presents a web3 platform crafted to encapsulate the excitement of both sports and cryptocurrency. It's engineered for the upcoming era of sports enthusiasts and forward-looking communities.

www.bellacryptonow.com/sparkball@playsparkball

Sparkball is an intense 4v4 'sports brawler' game where players juggle between showing off their ball-handling skills and engaging in combat to outscore their opponents by getting the ball into the rival team's goal!

Follow @bellatlopez for more updates.

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Monad Blockchain | Analysis

11/2/2024

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Exploring the Future of Layer 1 Blockchains: The Quest for the Next Solana
The blockchain landscape is constantly evolving, with new Layer 1 solutions emerging with the ambition to outpace current leaders like Solana. In a recent analysis, the focus was on identifying whether any of these contenders could replicate Solana's success or if they're destined to join the long list of "Ethereum killers" that never quite made it.

Speed and Efficiency: The New Benchmarks
Transactions Per Second (TPS): One of the primary metrics for blockchain efficiency is how many transactions it can process per second. High TPS is crucial for scaling and handling real-world applications. Block Times: This metric indicates how quickly transactions are batched and confirmed, affecting the overall responsiveness of the network. Time to Finality: The time taken for transactions to become irreversible is vital for user confidence and application reliability.

The EVM Compatibility Debate
While Ethereum Virtual Machine (EVM) compatible chains might seem to have a head start due to the existing developer base, the analysis reveals that this compatibility alone doesn't guarantee success. EVM-compatible chains like Aptos, Sei, Sui, and Monad are not automatically inheriting Ethereum's Total Value Locked (TVL), which at the time of writing, Ethereum alone held over 50%.
Decentralization and Hardware Requirements

The analysis delved into the hardware specs required to run nodes on these new L1s. Contrary to common belief, EVM compatibility doesn't directly influence decentralization. Instead, it's the hardware requirements and design choices that determine how decentralized a network can become. For instance:
SCION Integration: Some blockchains are integrating SCION for better network security against DDoS attacks. Custom Solutions: Sui, for example, uses the Walrus protocol for scalability, moving away from traditional storage solutions. Dedicated Hardware: Both Sui and Solana are exploring dedicated gaming hardware to leverage Web3 games, enhancing user engagement through native support.

Cross-Chain Interoperability
With solutions like DeBridge, LayerZero, and Wormhole, the divide between EVM and non-EVM chains is diminishing. Users now experience a more seamless interaction across different blockchains, which might reduce the importance of EVM compatibility from an end-user perspective.

The quest for the next Solana or the ultimate "Ethereum killer" involves more than just speed or compatibility. It requires a holistic approach considering scalability, decentralization, user experience, and innovative ecosystem support. While the new entrants show promise with their unique features, whether they can surpass Solana or Ethereum remains to be seen, hinging on real-world adoption, developer interest, and the continuous evolution of blockchain technology. This analysis underscores that in the blockchain race, there's no single path to success; it's a complex interplay of technology, community, and market dynamics.
Follow @bellatlopez for more updates.

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What is MONAD EVM ?

11/1/2024

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Monad.xyz introduces Monad, a layer 1 blockchain designed to significantly enhance the performance of Ethereum Virtual Machine (EVM) compatible blockchains. Here's a summary of its features and propositions:

Performance: Monad claims to achieve 10,000 transactions per second, with 1-second block times, and single-slot finality, all while maintaining low hardware requirements. This performance leap is underpinned by technologies like parallel execution, asynchronous execution, a custom state database (MonadDB), and a high-performance consensus mechanism.
EVM Compatibility: It offers full EVM bytecode compatibility, meaning Ethereum smart contracts can operate on Monad without modification. This compatibility extends to Ethereum's RPC API, allowing for seamless integration with existing Ethereum tools and infrastructure.
Technology:
- Execution and Consensus: Monad has been entirely rebuilt from the ground up, focusing on optimizing both the execution and consensus layers for efficiency.
- Parallel Execution: This allows multiple transactions to be processed simultaneously, significantly boosting throughput.
- MonadDB: Utilizes advanced Linux kernel technology for database management, enabling parallel state access which reduces overhead and enhances performance.
User and Developer Experience: For users, Monad promises a portable experience where applications built for Ethereum can be directly ported. For developers, it provides a high-performance base layer for building decentralized applications, aiming for real-world scalability and composability.
Mission and Team: Monad's mission is to deliver the promises of blockchain technology through a secure and scalable platform. The team behind Monad includes individuals with backgrounds in high-frequency trading (HFT) and fintech, bringing expertise in ultra-low-latency systems which they've applied to blockchain technology.
Community and Ecosystem: Monad fosters a global community and ecosystem, evidenced by initiatives like Monad Madness, a pitch competition for builders in the Monad ecosystem. There's also strong backing from industry leaders, indicating confidence in its potential.
Philosophy: Monad positions itself not just as a technological platform but as a new foundation for blockchain applications, aiming to push the boundaries of what blockchain technology can achieve in terms of speed, scalability, and real-world application.

GM□

A Warm Smile is the Universal Language of Kidness

Sharing some kindness today, remember to do good today.

What is your mantra for today?⤵️ https://t.co/sTuFAeTMYD pic.twitter.com/x75KNVo9iw
— Bellalpz □□ (@bellaTLopez) October 22, 2024

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Monad.xyz | News and Updates
Layer 1 blockchain EVM with 10000 tps

Monad Projects | Top Projects in Monad

LEVR.bet offers a platform for decentralized sports betting where users can merge the benefits of leveraged DeFi (Decentralized Finance) with conventional sports wagering.

Monad Blockchain | Analysis

What is MONAD EVM ?

Bellalopez

Monad.xyz | News and UpdatesLayer 1 blockchain EVM with 10000 tps

Monad Projects | Top Projects in Monad

LEVR.bet offers a platform for decentralized sports betting where users can merge the benefits of leveraged DeFi (Decentralized Finance) with conventional sports wagering.

Monad Blockchain | Analysis

What is MONAD EVM ?

Bellalopez

Monad.xyz | News and Updates
Layer 1 blockchain EVM with 10000 tps