According to ChainCatcher's message, during the "DeInsight 2024" annual summit held at Devcon in Bangkok, Shu Yao, the co-founder of Layer2 infrastructure MegaETH, delivered a keynote speech titled "MegaETH: Building the First Real-Time Blockchain Network".
Since 2020, the two main scaling roadmaps advocated by Ethereum founder Vitalik Buterin, OP Rollup and ZK Rollup, have seen innovations at the consensus layer. Although both have their advantages, they have not solved the performance issues, mainly due to the lack of consensus on the ordering verifier. MegaETH aims to address these problems.
Shu Yao stated that MegaETH is building a Layer2 solution that combines ultra-high throughput, extremely low latency, and EVM compatibility, with the goal of accelerating Ethereum's journey towards scalability.
Shu Yao mentioned that the MegaETH network can process up to 100,000 transactions per second (TPS) with sub-millisecond latency, aiming to create the first real-time block network.
She explained that the ultra-low latency of the block network means that all applications can run in real-time, which is extremely important for consumer applications, and the extremely low latency will unlock previously unimaginable consumer applications.
For more content from the conference, please check the following links:
Live video link: https://www.youtube.com/live/tTVcUPumPys
Live image link: https://www.pailixiang.com/album_ia7637038926.html
