Monad
About
Accelerating decentralized innovation with secure and scalable blockchain solutions
The Monad Foundation champions the Monad blockchain protocol, emphasizing speed, decentralization, EVM compatibility, and security. As an independent organization, it drives development, adoption, and growth, fostering innovation and robust infrastructure in the blockchain space. Monad aims to deliver a scalable, secure, and efficient decentralized platform for diverse blockchain applications.
Use Cases
Decentralized Finance (DeFi) Platforms
Build scalable DeFi apps leveraging Monad's high TPS, low fees, and EVMcompatibility for efficient transactions.
NFT Marketplaces
Create NFT platforms using Monad's fast transaction finality and near-zero gasfees for seamless buying and selling experiences.
Enterprise Blockchain Applications
Develop secure and scalable enterprise solutions benefiting from Monad's modulararchitecture and reduced hardware needs.
Blockchain Developer Incubation
Join Monad Foundation's residency and accelerator programs to build, pitch, andgrow innovative blockchain projects.
Key Features
Monad Blockchain Technology
- Monad is a Layer 1 blockchain that is 100% EVM-compatible, allowing the use ofexisting Ethereum applications and tools without code changes.
- It achieves 10,000 transactions per second (TPS) with 0.5-second block times and 1-second single-slot finality,enhancing scalability.
- MonadDB, a custom database, reduces hardware requirements by enabling state storage on SSD instead of RAM,promoting scalable decentralization.
- The architecture employs optimistic parallel execution, processingtransactions in parallel to improve speed and efficiency.
- Monad's design includes asynchronous execution, decoupling execution fromconsensus to scale to millions of users on a single-shard blockchain.
Ecosystem and Builder Support
- The Monad Founder Residency is a program that supports early-stage cryptoteams building on Monad, offering growth opportunities at Network School in Singapore.
- Monad Madness is a global pitch competition with $1M in prizes and potentialinvestment for Monad ecosystem teams.
- evm/accathon is a hackathon that supports innovative EVM developers buildingon Monad, providing support from the Monad team and crypto experts.
- Mach Accelerator is a program designed to help new builders launch theirstartups with mentorship, tools, and resources.
- Monad actively fosters a global community, encouraging collaboration and growth within its ecosystem.
