Original title: “Hand in hand to interact with the Monad Test Network”

Original author: Asher, Odaily Planet Daily

Monad, a King-level project led by Paradigm in April last year, can finally interact. Last night, Monad issued a post on the X platform announcing that the Monad Testnet test network is now officially launched and has sent test coins to more than 8.8 million active Ethereum addresses.

Monad Testnet testing network is now officially launched

Next, Odaily Planet Daily will take you to understand the basic overview of Monad and the first way to participate in the interaction of the Monad Test Network.

project information

Developed by the Pyth and Solana teams over more than two years, Monad is a high-performance L1 public chain compatible with Ethereum. According to official documents, Monad defines itself as an EVM-compatible high-performance L1 using PoS mechanism, aiming to create a new paradigm of public chain possibilities through pipeline execution of Ethereum transactions. Its key innovations include MonadDB (a database specifically designed for Ethereum state access) and Optimistic parallel execution (ensuring high TPS with minimum overhead). Monad separates the consensus and execution layers, further improving scalability and allowing developers to build applications that require superior performance and low latency.

Monad’s breakthrough has made it a powerful platform for enterprise-level applications, providing developers with the tools they need to create high-TPS DApps while maintaining compatibility with Ethereum and embracing the future of blockchain innovation.

On the evening of April 9, 2024, Monad Labs announced that it had completed a US$225 million financing at a valuation of US$3 billion, with Paradigm leading the investment and Electric Capital and Greenoaks participating. As the most eye-catching project on the Layer 1 track at the moment, Monad, which focuses on the concept of “Parallel EVM”, hopes to introduce an execution layer expansion solution of “parallel processing” to greatly improve network execution while being 100% compatible with all bytes of EVM. efficiency.

Monad Financing Situation

Nexus: A parallelized proof mining network

STEP 1. Add a test network (link: https://testnet.monad.xyz/): After entering the link, click “Manually add network”, click “Add Testnet to MetaMask”, and click “Continue”.

STEP 2. Collect test coins and bind a Discord account: Click “Connect Wallet” and fill in the drop-down interface to collect test coins, click “Get Testnet MON”, and click “Connect Discord” to authorize a Discord account. (Currently, the test coin collection has not been fixed. You can continue reading first and understand what interactions you can do after receiving the test coin.)

STEP 3. Continue to the interface and complete the first transaction on the test network: enter the number of tokens to be purchased in the three corresponding input boxes, and buy DAK, YAKI, and CHOG respectively.

STEP 4. Continue to the interface and complete the “Spotlight” task: Click “Play Now” and then click “Register and Play for free” to log in with your Google account.

STEP 5. After successfully logging in, continue to click “Continue” until “Claim 100 $fMON” appears.

STEP 6. Click “Shop” and then click “Claim” to check in daily.

STEP 7. Click on the website (link: https://testnet.lilchogstars.com/), Mint an NFT.

STEP 8. Click on the website (link: https://app.nad.domains/) to register a domain name.

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