Bankless Do We Need Another L1? - Inside Monad’s Parallel EVM with Co-Founder Keone Hon
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Nov 25, 2025 
Keone Hon, co-founder of Monad and expert blockchain engineer, takes the stage to discuss the potential of launching another general-purpose Layer 1. He explains Monad's innovative parallel EVM designed for consumer hardware, achieving lightning-fast speeds with decentralization at its core. The conversation dives into Monad’s six optimizations, the importance of user-friendly nodes, and how it contrasts with Solana and Ethereum. Keone also shares insights on the role of decentralization and the impact Monad aims to have on global financial access.
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Consensus Plus Execution Drive L1 Choice
- Consensus layer innovation matters as much as execution; Monad chose L1 to optimize both.
- Keone argues decentralization requires rethinking consensus and how it fits with execution.
Designed For Consumer Hardware
- Monad targets consumer hardware so anyone can run a full node at home.
- The team constrained design to 32GB RAM, 2TB SSD, 100 Mbps to maximize decentralization.
Six-Layer Performance Stack
- Monad stacks multiple optimizations: pipelining, async and parallel execution, JIT, DB, and propagation.
- These combine to deliver ~500M gas/sec and 400ms blocks at launch.