Name : Monad (----)
---- Price : $0.04300 +30.78%
Consensus Mechanism : Proof of Stake
Volume: 1,288,127,529
Market Cap: 464,954,227
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2024
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Overview
Monad is a high-performance, Ethereum-compatible Layer-1 blockchain designed to enhance scalability while maintaining decentralization. It supports up to 10,000 transactions per second through an optimized architecture that preserves full compatibility with Ethereum's Virtual Machine and RPC API, allowing seamless use of Ethereum-based applications and tools. With 1-second block times, single-slot finality, and a proof-of-stake consensus, Monad aims to set a new standard for blockchain performance, enabling fast and efficient decentralized applications.
Whitepaper & Documents
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