The high-performance Blockchain Monad has just announced its plan to launch the public testnet on February 19, marking an important milestone in the project's development. This is the next step after Monad completed the closed testnet phase at the end of 2024. The project is currently aiming to launch the official mainnet by the end of 2025.
Monad's public testnet is designed to provide a testing environment for developers and users to experience the features of the Blockchain before the official mainnet launch. With two years of development, this testnet not only helps to test the scalability of the platform but also allows the community to evaluate the system's stability before deploying it in real-world applications.
The launch of the public testnet allows developers to test the deployment of decentralized applications (dApps), experiment with the transaction mechanism, and evaluate Monad's performance under real-world conditions. This is an important step to ensure the stability and optimization of the network before the mainnet goes live.
Monad is built with the goal of becoming a high-throughput Blockchain, supporting up to 10,000 transactions per second (TPS) with a block time of 1 second. To achieve this performance, Monad applies parallel execution technology, allowing it to process multiple transactions simultaneously instead of the sequential manner used on Ethereum.
Additionally, the project utilizes a custom database called MonadDb, which helps optimize the processing speed and data storage on the Blockchain. With these improvements, Monad expects to provide a fast and efficient Blockchain system that can meet the growing demands of the market.
One of Monad's significant advantages is its complete compatibility with Ethereum Virtual Machine (EVM) bytecode, allowing Ethereum developers to easily migrate or deploy applications on Monad with minimal changes to their codebase.
This feature opens up opportunities for DeFi, Non-Fungible Token (NFT), gaming Blockchain, and various other decentralized applications to leverage the power of the new platform without facing technical barriers. This is an important step that helps Monad attract the attention of the Blockchain community, especially developers who are familiar with the Ethereum ecosystem.
Monad is developed by Monad Labs, a Blockchain company co-founded by former engineers from Jump Trading, one of the leading quantitative trading firms. With extensive experience in finance and technology, the Monad Labs team aims to build a high-performance Blockchain that maintains decentralization and security.
