Monad

MONAD is a new proof-of-stake (PoS) blockchain and decentralized computation platform that combines the best of performance and portability.

Monad offers throughput that is o

rders of magnitude higher than any existing smart contract blockchain, supporting 10,000 smart contract transactions per second (tps) through algorithmic improvements to virtual machine design and Byzantine Fault Tolerant (BFT) consensus mechanisms.

Monad delivers this performance while maintaining full compatibility with the Ethereum Virtual Machine (EVM) bytecode - the standard widely used for smart contract implementation - and consequently with existing Ethereum dApps and tooling.

We are addressing a challenging problem with urgent and clear market need. Demand for decentralized computation from new, increasingly complex apps as well as new crypto users is snowballing. But existing systems have extremely limited capacity.