Gold Rush Manual: Tianwang Public Chain Monad Online Test Network, Quick Look Interactive Guide

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Foresight News Except for participating in testnet interactions, helping Monad write some tutorials, submit bugs or constructive suggestions, and assist with local promotion, there is also a certain probability of receiving official rewards. Written by: 1912212.eth, Foresight News On February 19, the Monad project officially launched its testnet. As a project featuring ultra-high throughput, low-cost transactions, and full compatibility with the Ethereum Virtual Machine (EVM), the launch of Monad has not only attracted the attention of many developers, but also ignited the enthusiasm of ordinary users to participate in the testing. This article will provide you with a detailed introduction to Monad's project background and financing situation, how to claim the testnet tokens, and a specific guide to participating in the testnet interactions, helping you quickly get started with the new project and earn big. High-performance Mainnet Monad Monad is a Layer-1 blockchain focused on scalability and high performance, aiming to solve the pain points of existing public chains (such as Ethereum) in terms of transaction speed and cost. Its core goal is to achieve a super-high throughput of 10,000 transactions per second (TPS), while reducing the Gas fees to an extremely low level, and maintaining seamless compatibility with the Ethereum ecosystem. Compared to the current mainstream public chains, Monad's performance target even exceeds that of Solana (about 1,500 TPS), which makes it highly anticipated by the community. Monad's technical innovations are mainly reflected in two aspects. The first is its unique MonadBFT consensus mechanism, which is an optimized Byzantine Fault Tolerance algorithm that can significantly improve the transaction confirmation speed while ensuring decentralization. The second is the parallel execution architecture, which allows the computation tasks of transactions and smart contracts to be performed simultaneously, thereby greatly improving the network efficiency. These features make Monad theoretically suitable not only for daily payment scenarios, but also for supporting complex decentralized applications. The core members of the Monad team include Keone Hon (CEO), who previously worked at top financial technology companies like Jump Trading, as well as other technical experts who have been deeply involved in distributed systems and cryptographic technologies for many years. With strong technical capabilities and a clear vision, Monad has performed impressively in the financing market. According to public information, Monad Labs completed a $225 million seed round led by Paradigm in early 2024, setting a new record for the financing amount of a Layer-1 project at the time. The participating institutions also include well-known venture capital firms such as Electric Capital, Coinbase Ventures, and Castle Island Ventures. Claim Testnet Tokens and Participate in the Testing Currently, the wallets that support the Monad testnet include Phantom, OKX Web3 Wallet, Backpack, and others. After confirming the installation of a compatible wallet, you can choose to add the network to your wallet. The network parameter settings are as follows: - Network Name: Monad Testnet - RPC URL: https://testnet-rpc.monad.xyz - Chain ID: 10143 - Currency Symbol: MON - Block Explorer URL: https://monad-testnet.socialscan.io/ The first step to participate in the Monad testnet is to obtain the testnet tokens. The tokens in the testnet are not real assets, but are only used for simulating transactions and testing functions. The official website provides the following ways to claim the testnet tokens, and users can choose the suitable method according to their needs. **Official Faucet** Monad has set up a faucet function on its testnet page. Users only need to connect a compatible wallet (such as MetaMask), enter the wallet address, and complete a simple captcha verification to receive a certain amount of testnet tokens. To prevent abuse, there are daily limits on the number and amount of claims, with a maximum of one request every 12 hours. (If you encounter problems when using the faucet, please check your existing EVM address - there may already be funds there.) **Community Tasks and Airdrops** Monad team has collaborated with the community to launch multiple testnet tasks, and users can receive additional testnet tokens by completing the specified operations. For example, following the official accounts on Discord or Twitter, participating in AMAs (question and answer activities), or inviting friends to join the testnet, all have the opportunity to receive rewards. Currently, Monad has airdropped testnet tokens to over 8.8 million active Ethereum addresses (which means that part of the addresses may have already passed the sybil filtering). Users can click the link to check the available testnet token balance: https://testnet.monadexplorer.com/ **Third-party Platform Support** Some blockchain testing tool platforms, such as Alchemy or QuickNode, may collaborate with Monad to provide testnet token claiming services. Users can apply through the developer pages of these platforms, and the process is similar to the official faucet, but occasionally there may be additional reward tokens, which is suitable for developers who need a large amount of testnet tokens. When claiming the testnet tokens, it is recommended to use a wallet address specifically configured for the testnet to avoid mixing with the mainnet assets. Interaction Guide After obtaining the testnet tokens, users can start interacting with the Monad testnet. The following are the main steps for participating in the testing. **Basic Interactions: Transfers and Transactions** The simplest way to interact is to perform testnet token transfers. Users can send a small amount of MONAD to other addresses (such as their friends' testnet wallets) to experience the transaction speed and fees. **Deploy and Call Smart Contracts** For developers, Monad's EVM compatibility is a highlight. Users can write smart contracts using Solidity and deploy them to the testnet through tools like Remix or Hardhat. After deployment, you can call the contract functions (such as a simple counter or token transfer) to test Monad's parallel execution capability. The official provides detailed developer documentation (assumed to be located at monad.xyz/docs), and it is recommended to refer to the example code to get started quickly. **Participate in Ecosystem DApp Testing** The Monad testnet may have already launched some early-stage DApps, such as DEXes or NFT marketplaces. Users can find these applications through the block explorer or community recommendations, connect their wallets, and interact with them. These operations not only help familiarize with the ecosystem, but may also accumulate points for future mainnet airdrops. Ecosystem Website: https://www.monad.xyz/ecosystem Precautions - Security: The testnet does not involve real assets, but you still need to be wary of phishing links and fake websites, and prioritize using official channels. - Feedback: Monad encourages users to report bugs or suggestions found during testing, which can be submitted through the official website or Discord. - Records: Save the interaction records (such as transaction hashes) for future activity needs. Finally, in addition to participating in testnet interactions, if you help Monad write some tutorials, submit bugs or constructive suggestions, assist with local promotion (such as operating Twitter), or help introduce industry resources to the project team (arrange interviews, introduce well-known projects), you also have a certain probability of receiving official rewards.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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