Do We Need Another L1? - Inside Monad’s Parallel EVM with Co-Founder Keone Hon

Bullish:

• $MONAD - Monad delivers high-performance blockchain with 400ms block times, 800ms finality, and 500M gas per second throughput, while maintaining accessibility on consumer-grade hardware

  • “Monad delivers four hundred millisecond block times with two block finality. So two times four hundred or eight hundred millisecond finality. Every block has a gas limit of currently of 200,000,000 gas per block. So if you divide 200 by point four, you get 500,000,000 gas per second”

    Keone·46:54
• $DEFI - DeFi infrastructure enables global access to competitive yield markets and capital markets, democratizing financial services beyond traditional banking limitations

  • “It means everyone having access to competitive yield markets where they can earn yield on their dollar deposits at a competitive rate rather than whatever is just local to what their bank offers them. It means people being able to build businesses and, you know, take out loans or get access to capital markets”

    Keone·1:23:07
• $EVM - The EVM is the dominant smart contract standard in crypto with over 80% of all TVL on chain

  • “The EVM is honestly a great bytecode standard. It is really the standard of crypto and smart contract programming. Several others have, you know, been proposed and used in different ecosystems, but the EVM is very much the dominant standard. It has over 80% of all TVL on chain”

    Keone·16:08