- The public testnet for Monad is set to roll out on Feb. 19 after a two-year development period.
- The blockchain delivers 10,000 TPS and creates blocks every second through its parallel execution technology.
- Monad Labs raised $225 million to support its blockchain ecosystem.
The high-performance Ethereum-compatible blockchain Monad will launch its public testnet on February 19. This is a major stride forward for Monad as it goes further in its platform’s readiness in preparation for the mainnet release in 2025.
the Monad Testnet is launching on February 19th
— Monad ⨀ (@monad_xyz) February 17, 2025
under 48 hours pic.twitter.com/KN9vO31LY9
The availability of the testnet is crucial since it gives users and developers the opportunity to familiarize with the platform before it goes live. Monad’s team has been working on the testnet for two years, ensuring it offers a stable platform for testing. This rollout follows the successful launch of a closed testnet in late 2024, which allowed for limited testing and feedback.
Monad promises to provide a high-throughput network capable of handling up to 10,000 transactions per second (TPS) and one-second block times. The combination of parallel execution and customized database management system MonadDb ensures high speed and scalability for the network. These properties enable Monad to operate as an effective blockchain solution for developer use.
High-Efficiency Features for Developers and Users
The testnet enables developers to blend their applications with real-time execution of network functionalities. The Ethereum Virtual Machine (EVM) bytecode compatibility of Monad allows developers from Ethereum to transfer their projects to the new platform without difficulties. This compatibility helps attract developers already familiar with Ethereum’s development environment, offering them a familiar space to experiment with Monad’s enhanced performance.
Monad’s developers, Monad Labs, are led by former Jump Trading developers and have secured $225 million in funding from investors like Paradigm. The testnet allows developers to experiment with the network before the mainnet goes live, ensuring that the system can handle real-world use cases effectively.
Improvements in the scaling abilities of Monad enable quick block finality that results in accelerated confirmation times and enhanced user operating experience. The 10,000 TPS capability positions Monad among the top rankings of blockchain projects while making it suitable to run high-scale decentralized applications and decentralized finance (DeFi) solutions.
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