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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
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Dare to trade. Dare to win.
Monad: A High-Performance L1 Blockchain Worth Looking Forward to in 2024 with 10,000+ Transactions per Second
Monad: The Highly Anticipated New Generation L1 Blockchain of 2024
Monad, as a Layer 1 (L1) Blockchain set to launch later this year, has already attracted significant attention even before its official launch. This project has not only built a large community base but has even created an atmosphere of near-fanatical devotion, with community members creating their own pet avatars and releasing remixes on music platforms.
The goal of Monad is to become a highly scalable single large L1 Blockchain. It is not only EVM compatible but also capable of handling more than 10,000 transactions per second, with a block time of just 1 second. This outstanding performance is mainly due to technological innovations such as parallel execution and Monad DB. While ensuring security and decentralization, Monad raised $19 million in seed funding, with investments from several well-known institutions.
Background of the Founding Team of Monad
The Monad project has been in development for about two years and was co-founded by Keone Hon, James Hunsaker, and Eunice Giarta. Among them, Keone and James are two technical co-founders who worked together for eight years at a high-frequency trading firm, where they were responsible for over $100 trillion in nominal trading volume annually, executing thousands of trades per second. This experience has given them a deep understanding of the importance of microsecond execution differences.
After entering the crypto space, Keone and James worked on the Solana DeFi and Pyth projects, respectively. In 2022, they realized that a series of fundamental optimizations could be implemented on the EVM, which are already standard practices in high-performance computer science but have not yet been applied to the EVM. Thus, they began building Monad, aiming to create a more powerful EVM to address many of the existing scalability bottleneck issues.
Technical Innovations of Monad
Monad can achieve such high transaction processing capability not only by relying on parallel execution engines but also by combining multiple technological innovations:
Parallel execution: Allows multiple transactions to be processed simultaneously, significantly improving efficiency.
MonadDb: A purpose-built state database that supports parallel read and write operations on disk, fully leveraging the potential of parallel execution.
Asynchronous Execution and Consensus: Separating the execution and consensus processes to fully utilize block time, significantly improving performance.
The combination of these technologies enables Monad to achieve a processing capacity of 10,000 transactions per second while maintaining full EVM compatibility.
Application Prospects on Monad
The high-performance characteristics of Monad provide new possibilities for various application scenarios:
On-chain order book DEX: Combining the advantages of decentralization with the deep liquidity of centralized exchanges.
Large-scale on-chain games: High-throughput games that support millions of users simultaneously.
High-frequency trading and arbitrage: Utilizing fast finality and high TPS to implement more complex trading strategies.
Multiple projects have announced that they will deploy on Monad, including the Elixir protocol (a delegated proof network that provides liquidity for order book trading) and Pike Finance (a full-chain currency market).
Development Roadmap
The Monad project is scheduled to launch on the mainnet around the third quarter of this year. The internal testnet is about to start and has already attracted significant attention from existing EVM protocols. In addition, Monad recently announced a partnership with Layerzero, which will facilitate cross-chain liquidity in the ecosystem.
As the public testnet and mainnet approach, the excitement surrounding Monad is likely to continue to rise. In the fiercely competitive blockchain infrastructure sector, Monad showcases unique competitive advantages with its scalable technology, experienced team, and enthusiastic community. Although still in the early stages, Monad has already demonstrated tremendous potential and is expected to occupy an important position in the future blockchain landscape.