The statistics from the Dune dashboard reveal a strong and promising performance for the @monad testnet.
Key highlights include a very high transaction success rate, an extremely fast average block time of just 0.42 seconds with more more than 2.5 billion successful transactions.
The significant number of created contracts and contract creators also attests to a thriving ecosystem.
(monad mainnet arc)
decentralization doesn't imply lack of coordination
it implies the validator can't be told what to do
it should be obvious that a validator has a natural interest in protecting the chain (unless it is the attacker itself)
I noticed that on my @Besm0rt wallet, I still have a few NFTs left 👀 1 NFT @the10kSquad
and 1 NFT @sealuminati
So… I’m doing a giveaway
To participate
1️⃣ Drop your address in the comments
2️⃣ Follow @Besm0rt and @0xSuper_X
3️⃣ Like & RT this post
Good luck everyone #MON #MONAD
What Monad has so far:
- High quality open-source C++/rust codebase with many HFT-style optimizations and architectural changes
- Public audits and clear docs that put the technology first. Transparency -- no hand-waving, no unsubstantiated claims
- High-performance system focused on true decentralization, running continuously in testnet with 186 globally distributed validators at 5000-10000 tps
- MonadBFT, a frontier consensus mechanism featuring 400ms block times, 800ms finality, large globally-distributed validator set, and tail-fork resistance
- Async Execution (while supporting EIP-7702 through the Reserve Balance mechanism)
- MonadDb for efficient merkle trie storage
- Native code compiler for frequently used contracts
- Interconnected community of smart, thoughtful crypto-natives who will grow in influence over the next few years
- Ecosystem of promising young startup founders, ready to take their shot
- Over $100m in ecosystem funding pre-mainnet
- Founder support through DeltaV, the Monad Founder Residency, Monad Madness, and more
- Monad Momentum, an incentives program focused on efficient UA and repeatable growth loops to help decentralized apps acquire normie users
- A north star of making open-source, decentralized systems more powerful
But there's still so much more to do. Are you excited?
In case you missed it, recent testnet update raised the per-transaction gas limit to 30M and the block gas limit from 150M to 200M.
It means larger, complex transactions, more advanced dApps, higher throughput and an improved user experience.
Monad is the fastest it’s ever been