Market Cap: $2.42T 1.85% 24h Vol: $162.53B 0.05% BTC Dom: 55.59% 0.23%
Monad (monad)

Monad (MONAD)

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Coin Information

Blockchain: Monad
Ticker: MONAD

Price Statistics

Market Cap

Fully Diluted Valuation

Coin Supply

Circ.: 100 000 000 000(100%)
Total: 100 000 000 000
Max: 100 000 000 000

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About Monad

Monad (UNKNOWN) is recognized as one of the most performant EVM-compatible layer one blockchains available today. It boasts impressive transaction speeds, capable of handling up to 10,000 transactions per second (TPS), with block times of just one second. These capabilities facilitate a seamless user experience while operating with near-zero gas fees, making it an appealing option for developers looking to scale their applications without substantial costs. The architecture of Monad allows for efficient use of existing EVM infrastructure, empowering developers to leverage established applications and libraries effortlessly.

One of the standout features of Monad is its commitment to scalable decentralization. The platform is designed with low hardware requirements, enabling nodes to run efficiently on consumer-grade hardware. This accessibility fosters a decentralized network that is more robust and inclusive, allowing a wider range of participants to contribute to the ecosystem. Furthermore, MonadDB, the custom database tailored for the platform, utilizes an innovative Patricia Trie structure, significantly reducing RAM requirements and enhancing the state management process on the blockchain.

Monad employs advanced technologies such as optimistic parallel execution and asynchronous execution to optimize transaction handling. By executing transactions in parallel and allowing execution to be decoupled from consensus, Monad ensures scalability while maintaining the blockchain state’s integrity. The single-slot finality feature also provides a high-performance proof-of-stake consensus mechanism, solidifying Monad’s place as a leader in the blockchain space. Overall, combining these technological innovations positions Monad as a compelling choice for developers and researchers in the decentralized landscape.

Frequently Asked Questions

The circulating supply of Monad is 100000000000.
The total supply of Monad is 100000000000.
The max supply of Monad is 100000000000.
Unfortunately the country of Monad is unknown.
Monad is a cryptocurrency running on its own blockchain.

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