- MegaETH is scheduled to launch its testnet this week on March 6.
- The layer2 project claims itself the first real time blockchain with high-speed L2 scaling solution.
MegaETH is one of the layer2 scaling solutions built on the Ethereum blockchain. It takes an innovative approach to real-time blockchain scalability. MegaETH prioritises vertical scaling to facilitate quicker transactions to achieve 100,000 TPS. The project has recently outlined a plan to launch its testnet.
As per the announcement on its official X account, MegaETH has scheduled to launch its testnet on March 06, 2025. After the testnet deployment on 6, onboarding of applications and infrastructure takes place till March 10th. User onboarding onto the testnet follows the same day.
For builders or developers, MegaETH’s present testnet offers access to high-speed block times. It mentioned 1.68 Ggas/sec & 15ms effective block times of single-threaded performance. Furthermore, it also invited app teams to join their MegaForge program.
When it comes to users, the project promised to distribute their testnet ETH directly to users’ wallets during the onboarding process. Users can start joining its Discord for registration. The project is conducting an AMA session tomorrow ahead of the testnet launch.
MegaETH Takes Different Approach to Scalability
In the Tech Around and Find Out podcast, MegaETH team’s Breadguy stated that they are designing the biggest and largest blockchain. Traditional roll up scaling solutions face horizontal scaling constraints which could result in delays. However, MegaETH eliminates this and ensures real-time transaction finality.
Ethereum co-founder Vitalik Buterin backs the MegaETH project. Buterin participated in its seed funding round led by Dragonfly Capital where the project raised $20 million last year. It also raised $10 million in another fundraising by Echo platform.
Ethereum’s position is weakening in the crypto market with its dull performance. It is disappointing crypto community members both in terms of market prices and development. If MegaETH achieves the scalability it plans, it might push Ethereum blockchain usage to new levels.
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