18 Nov 202416:15
Project update
Ethereum-compatible L1 Monad rolls out the first phase of its Testnet
he Testnet follows the launch of Monad Devnet in March, having reached 10,000 TPS with a one-second block time. Monad Labs raised $244 million in total funding backed by Paradigm, Dragonfly, Coinbase Ventures, Electric Capital, and OKX Ventures.
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