Bankless Mega ETH vs Monad | Super Fast Ethereum
22 snips
Aug 21, 2024 
Keone Hon, Co-founder and CEO of Monad Labs, and Lei Yang, Founder and CTO of MegaEth, dive into the race to create a super-fast Ethereum. They discuss how each project plans to tackle decentralization, censorship resistance, and community building before launching their networks. The guests also debate the criticisms of building on the Ethereum Virtual Machine and explore the competitive dynamics against rivals like Solana. With insights on innovative architectural choices, they reveal how their solutions aim to enhance transaction speeds and performance.
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EVM Performance Enhancement
- Monad and Mega ETH aim to maximize EVM performance using different approaches.
- Monad rebuilds Ethereum from scratch, while Mega ETH optimizes as a Layer 2.
Database Parallelization Bottleneck
- Parallelizing VM execution is insufficient for optimal performance.
- The biggest bottleneck is parallel read access of the database, addressed by MonadDB.
Architectural Impact on dApps
- Mega ETH prioritizes a few sequencers, while Monad uses a wider validator set.
- Their contrasting architectures raise questions about how dApps will develop on each.