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Monad (mainnet arc)

@monad

Oct 13 • 1 tweets • 1 min read • Read on X

Monad Airdrop Claim Portal opens tomorrow at 13:00 UTC

It will go live on claim.monad.xyz

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More from @monad

Monad (mainnet arc)

@monad

Aug 3, 2023

At Monad, we are committed to decentralization and performance

Bringing CEX like trading experiences to EVM DEXes is one of our main goals

A thread on how Monad will enable on-chain limit order books 👇

Most DEXes are AMMs that use formulas such as x*y=k for conversion rates between assets

This allows for convenient, permissionless on-chain swaps

But AMMs’ capital inefficiency results in slippage for users -- as trade size increases relative to liquidity, slippage gets worse

The majority of large traders use CEXes to minimize slippage

CEXes almost exclusively use limit order books where market makers compete to provide the best prices by constantly sending orders, leading to much lower slippage for users

Read 7 tweets

Monad (mainnet arc)

@monad

Jan 24, 2023

“Blockchain becomes interesting once it can process 10,000 transactions per second”
- Steve Jobs, probably

Monad is the first EVM chain to reach this threshold by enabling parallel execution and other innovations.

Let’s take a look at how they did it👇🧵
[1/12]

Smart contract blockchains have two main components: the consensus mechanism and virtual machine (VM).

Ethereum was the first blockchain to meaningfully enable programmable smart contracts, aka apps. The Ethereum Virtual Machine (EVM) works as a shared computing engine.
[2/12]

The EVM is battle-tested and reliable.

It’s supported by over 20 blockchains and accounts for 97% of TVL in DeFi.

Apps written in Solidity and Vyper run on any EVM chain. EVM is the best choice for writing portable code.

But EVM chains fall short on throughput.
[3/12]

Read 12 tweets

Monad (mainnet arc)

@monad

Jan 12, 2023

Monad: What Is It?

How we’re building an EVM-compatible L1 that is 1,000x faster than Ethereum

An (oversimplified) mini thread👇
[1/8]

Monad is an EVM-compatible layer 1 blockchain with:

• 1,000x the throughput of Ethereum
• >5x Solana
• >20x the nearest EVM L1 (Polygon)
[2/8]

How is this possible?

Basically, the EVM’s processing capabilities haven’t materially upgraded since geth was released

There are _a lot_ of optimizations that can be created at the lowest level (and they all compound!)
[3/8]

Read 8 tweets

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