What is Monad
Monad is a high-performance L1 blockchain compatible with EVM, the testnet is now live and available for use.Through its innovative technical design, Monad is able to process up to 10,000 transactions per second (TPS) while maintaining a minimum block time of 0.5 seconds and 1 second single-slot finality.Its efficiency comes from innovations like optimistic parallel execution, deferred execution, MonadDB, and the MonadBFT consensus.
How does Monad Work
The operating mechanism of Monad includes the following key innovations:
- Parallel Execution: An optimistic parallel execution algorithm processes multiple transactions simultaneously, increasing throughput and reducing latency, similar to a multi-core CPU.
- Deferred Execution: Separates consensus from execution, allowing nodes to agree on transaction order before execution, thereby enhancing scalability and speed.
- MonadDB: A custom state database that stores Merkle Patricia Trie directly on SSD, minimizing read amplification and enhancing state access speed, particularly for parallel execution.
- MonadBFT: A leader-based consensus mechanism derived from HotStuff, optimized for efficient transaction ordering under partially synchronous conditions
Main Features
- EVM compatibility
- Parallel execution
- Low latency and high throughput
Learn More
How to use Monad Testnet with imToken?
Creating a Monad Testnet account
Click "My Profile" - "Manage wallets" - "Add", scroll down to the bottom and click "Expand testnets", check the Monad Testnet in the popular ones and confirm, return to the wallet homepage to enter the Monad Testnet account you just created.
Receiving and transferring funds
In the Monad Testnet account, you can click "Transfer" or "Receive" and then perform the corresponding operation.
Transferring
Click "Transfer", set the type and amount of token you want to transfer, enter the recipient's address, and then click "Next".
Note: Before making a transfer, please ensure that your account has sufficient tMON to cover the miner fee.
Receiving
Click "Receive ", share the QR code or copy the address and send it to the other party.
Experiencing Monad Testnet’s ecosystem on imToken
On the Monad Testnet account homepage, slide the function bar to the left and click "Faucet" to receive tMON. Click "DApp" to experience its ecosystem DApps.
Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Digital asset investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.