Ethereum
$2,723.12
Layer-2 mission MegaETH introduced plans to launch its mainnet on February 9.
The choice follows a week-long “international stress take a look at” that checked how the community performs below heavy use.
Throughout the take a look at, MegaETH reached about 35,000 transactions per second. Co-founder and CTO Lei Yang wrote on X, “Prepare for the quickest EVM chain ever”.
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Builders invited a small group of customers to attempt purposes that require low latency whereas the staff examined the system’s limits within the background. The objective was to verify that apps would nonetheless run easily, even when the community was below stress.
Over seven days, MegaETH dealt with round 10.7 billion transactions. Most of this visitors got here from Web3 video games akin to Smasher, Crossy Fluffle, and Stomp.gg.
One of many individuals, Simon Dedic, founder and managing associate at Moonrock Capital, mentioned his expertise utilizing the apps was problem-free. He said:
No latency. No congestion. No degraded UX such as you get on virtually each different chain. Simply apps that work, easily, in actual time.
Dedic additionally mentioned it processed extra transactions in a couple of days than Ethereum did in virtually 11 years.
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