MegaETH Just Had Its Public Sale. Can It Succeed in Building a Web2-Like Experience? - Ep. 942
Episode publishedPodcast: UnchainedUnchained
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Solana has about four hundred millisecond latency. Arbitrum has two hundred sixty five milliseconds. Omega on our test night right now is ten millisecond. And that means you can actually unlock immense amount of capital efficiency. You can run complicated strategy. For consumer application, all the interaction feels real time. This is why we insist of calling Mega Ether first real time blockchain. It feels smooth. It feels like a Web two technology.
We wanna give Web two builders a reason to explore entire different stack. Take what they're familiar with building on Web two rails, but also understand what crypto introduces to those
Hi, everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin. Mantle is pioneering blockchain for banking, a revolutionary new category at the intersection of TradFi and Web3. Follow mantleofficial to learn more. Brief detour. If you've ever opened X and thought, wait, what happened overnight in crypto? You're not alone. Things move fast and most updates are either too noisy or too late. That's why we created Unchained Daily, our coffee break newsletter that breaks down exactly what mattered in the past twenty four hours. If this sounds like someth
Hey, Laura.
Hey, Laura. Thanks for having us.
So Shuyao and Amir, congratulations on your massively successful ICO. Since MEGAEF hasn't actually gotten much airtime on Unchained, let's just start with the basics. You're an l two on Ethereum. Why did you choose to build your chain as an l two on Ethereum and not as a competing L1?
Yeah. So we built MegaEase not to be a layer one or layer two. We built MegaEase to be the most performant, the fastest blockchain ever possible. And the reason to build such a performant chain actually came from a deep frustration that our industry actually has not seen new novel application ever since DeFi summer. Every time you have a new chain, you have the same set of applications and people do the same thing. And upon digging further, we realise that it's because the infrastructure is actually not ready. It is not akin to Web two point level, and that's why a lot of developers feel unins
Yeah, no. And piggybacking on what you just said, too. We basically took it to to the log the logical conclusion. I think people kind of harken back to these archaic sort of like mental models of like l one, l two. When in reality, what you should be optimizing for is creating an execution environment that allows for net new experiences. And that's what we'd really try to double down on. And as we'll probably get into later on too, we try to complement that with really incubating net new applications on top of Mega.
Alright. So, yeah, let's talk I mean, Xu Yao kind of started to talk about this, but, like, what would you say are the main problems that you would like to solve with Mega ETH?
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