Hello, World!
What is MegaETH?
MegaETH is the first Real-Time Blockchain, capable of streaming transactions at 100,000 transactions per second with millisecond-level responsiveness. Its near-instant performance unlocks fully onchain applications that can finally match the experience of best-in-class web2 apps while delivering on the promises of decentralization. π° β‘
Why MegaETH?
- π’ 𧱠Existing blockchains are failing to serve the growing demand for decentralized applications. High throughput blockchains, such as Solana, are unable to scale to meet user demand and suffer from constant congestion and reliability issues. Ethereum Layer-2 Blockchains, while easy to develop, are not optimized for performance and are fundamentally limited in the number of users they can serve.
- βοΈ β
People increasingly want to store their savings in stablecoins on-chain, bet on world events on-chain, and post content to social networks on-chain, but todayβs blockchains cannot offer the snappy, reliable experience that people are used to in mainstream consumer applications.
- πΈ β In a world where only 1,000 people could use TikTok at a time and Venmo transactions would fail over half of the time, the market would demand a better solution and user experience. Frustratingly, this is often the experience when using decentralized applications today on existing blockchains and is why Ethereum needs MegaETH.
How does MegaETH achieve the above?
MegaETH is enabled by two key techniques: Node Specialization ποΈ , which concentrates the heavy lifting work to just a few nodes, and a Hyper-optimized EVM Execution Environment βοΈ that pushes throughput, latency, and resource efficiency closer to the hardware limit. Borrowing the superior security and censorship-resistance guarantee from Ethereum, MegaETH creates the fastest possible execution layer in crypto. You can learn more below:
- π Technical One-pager - Here
- GitHub - Here
What are MegaETH's Guiding Principles?
Technology is only one part of crypto adoption. We believe that in addition to scaling the blockchain, we are here to scale the crypto community. We are guided by the following Principles:
- π§βπ»β¨ Always Builders first: Our goal is to educate, onboard and turbocharge the dApp economy on MegaETH by providing not only the best development experiences, but also go-to-market support. Our team will be the sounding board along buildersβ ideation, team formation, fundraising, and growth stages.
- π π Quality of network effect over quantity of network effect: Real network effect comes from quality use cases, and experiences that bring real benefits to users. We deeply believe that real economic unlock comes from having a globally composable network where primitives interact with each other. We are here to identify and grow these interactive primitives.
- π«π€ Uplift everyone everywhere: We will focus on communities historically unseen by the mainstream, creating content, sponsorship, and incentives for more builders to ship and more users to participate.
In It For The Tech β‘
What sets MegaETH apart from its competition?
We redesigned our EVM execution layer from the ground up for maximum performance. Here are some of our most notable contributions: