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cover of episode How Monad's New Blockchain Revolution Aims to Outpace Ethereum and Solve Solana's Biggest Problem

How Monad's New Blockchain Revolution Aims to Outpace Ethereum and Solve Solana's Biggest Problem

2024/4/9
logo of podcast Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

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Read in-depth analysis on this topic: https://theweb3.news/crypto/how-monads-new-blockchain-revolution-aims-to-outpace-ethereum-and-solve-solanas-biggest-problem/)

Monad is introducing a new blockchain technology aiming to surpass Ethereum and address significant issues found in Solana. Monad plans to overcome Ethereum's slowness and high transaction costs by creating a highly efficient and scalable software architecture. It also aims to solve Solana's biggest problem, which is being centralized over a few nodes, raising potential security risks. Monad's solution involves providing a higher degree of decentralization while maintaining high-throughput and low latency, intending to create a safer and more democratic blockchain.

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