GuShiio.com Monad is not just a blockchain, it is a movement that pushes the boundaries of Web3 performance and usability.
Author: Evie| JE Labs
In a recent interview with JE Labs founder Evie, Monad co-founder Keone Hon shared the vision, technology and future plans for this breakthrough Layer 1 blockchain. Monad’s focus on unmatched performance and seamless compatibility is shaping the next phase of blockchain innovation.
Keone Hon: From quantitative transactions to blockchain innovator
Keone began his career in high-frequency trading, where he worked at Jump Trading for eight years, developing trading systems that can make decisions in microseconds. During this time, he accumulated expertise in creating high-performance systems and later joined Jump’s encryption team, focusing on Solana’s DeFi ecosystem.
His experience at Solana allowed him to see two key opportunities: the need for high-performance blockchain infrastructure and the importance of EVM compatibility. ldquo; The market needs a system that has both Solana speed and an Ethereum developer friendly environment, explains Keone. This vision led to the establishment of Monad in early 2022. He also founded Monad with co-founders James Hunsaker and Eunice Giarta.
Monad’s technology: Addressing Layer 1 scalability challenges
Monad solves the scalability trilemma of blockchain by simultaneously achieving high throughput, decentralization and security. Keone highlighted four key innovations from Monad:
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MonadDB: A custom database optimized for efficient storage of Ethereum Merkle tree data.
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Optimistic Parallel Execution: Supports parallel transaction processing while maintaining the integrity of transaction sequences.
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Asynchronous execution (Asynchronous Execution): Separate consensus and execution processes to maximize block time utilization.
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Monad BFT: A powerful consensus mechanism that supports hundreds of nodes to decentralize verification sets.
These innovations allow Monad to provide performance of more than 10,000 transactions per second (TPS) with full compatibility with EVM bytecode, ensuring that developers can migrate their applications without modification.
Ecosystem development: developers and communities at the core
Monad attracts a vibrant ecosystem of developers who use Monad’s high-performance infrastructure to build innovative projects. Examples include:
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FortyTwo: A decentralized AI protocol that focuses on group reasoning capabilities.
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Kuru: A fully on-chain order book that can be used in combination with DeFi apps.
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Kizzy: A social media betting platform that combines predictive markets with user engagement.
Keone emphasized the importance of the Monad community-driven culture that promotes cooperation and creativity. Subcommunities like the Monad Run Club and Monlingo demonstrate how the Monad ecosystem transcends technology itself and builds human connections.
Photo: Monad ecosystem overview produced by the community
Empowering developer: Monad Madness
Monad supports early-stage developers through global creative competitions like Monad Madness. Monad Madness has held events in New York and Bangkok, has awarded more than $1 million in bonuses and provided participants with access to top investors, including Paradigm, Pantera and Electric Capital.
“Our goal is not only to provide funding, but also to catalyze innovation, Keone said. Award-winning projects such as EarnOS and Rarebet Sports highlight Monad’s potential to empower transformative applications.
Looking to the future: Monad’s vision
As Monad approaches the launch of its public beta network, Keone foresees Monad to become an important contributor to Ethereum’s expansion research in the future. Over the next three years, Monad aims to support killer applications in areas such as decentralized identity, payments and data storage, expanding to support hundreds of millions of users.
“Monad is more than just a blockchain; it is a movement that pushes the boundaries of Web3 performance and usability, Keone concluded.
A journey to join Monad
To get the latest news on Monad’s testing network and ecosystem developments, follow Monad’s official Twitter (@monad_xyz) or join their Discord community. As Monad sets new standards for Layer 1 blockchain, the project invites developers, enthusiasts and innovators to be part of its journey.
Monad’s focus on performance, compatibility and community has made it stand out in the highly competitive Layer 1 space, providing a new perspective on the future of blockchain technology.
About Monad
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Monad official Twitter: https://www.gushiio.com/monad_xyz
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Monad’s Chinese website Twitter:https://www.gushiio.com/monad_zw
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official website: https://www.monad.xyz/
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Discord: https://tr.ee/rF_35N5aOW
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Community Telegram: https://www.gushiio.com/monad_xyz
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Weixin Official Accounts:Monad Chinese
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