Why Monad Matters: High Performance Blockchain Explained
If you’ve used Ethereum during a bull run, you know the drill: you click "Swap", and then... you wait. Maybe you pay $50 in gas fees. Maybe the transaction fails. It feels like using dial-up internet in a fiber-optic world.
Monad changes this completely. It isn't just "another faster L1"; it is a fundamental re-architecture of the Ethereum Virtual Machine (EVM) designed to make decentralized apps feel as snappy as Twitter or Instagram.
Speed: 10,000 Transactions Per Second (TPS)
Most blockchains process transactions one by one (sequentially). It's like a single checkout lane at a busy grocery store.
Monad uses Parallel Execution. Imagine opening 100 checkout lanes simultaneously. This allows the network to handle 10,000 transactions per second (TPS), compared to Ethereum's ~15-30.
What This Means for You
- No specific waiting: Transactions confirm almost instantly.
- No congestion: The network doesn't clog up when an NFT mint happens.
The Magic of 1-Second Finality
Speed isn't just about throughput; it's about latency. On some chains, a transaction might generally look done, but you have to wait minutes to be sure it won't be reversed.
Monad offers 1-second finality. When you see the distinct green checkmark, it’s done. Forever. This enables a new class of applications:
- High-Frequency Trading (on-chain order books).
- Real-time Gaming.
- Private Gifts (like Lambda).
Fees: Transact for Sub-Cents
High performance creates an abundance of blockspace. When blockspace is abundant, fees crash.
On Monad, typical transaction fees are fractions of a cent. This is critical for protocols like Lambda, where we want users to send small gifts without paying more in fees than the gift is worth.
Compatibility: The EVM Standard
The best part? Monad is 100% EVM compatible.
- For Developers: If you can code for Ethereum, you can code for Monad.
- For Users: You can use your favorite wallets (MetaMask, Rabby) and tools (Etherscan) exactly as you always have. You just change the "Network" setting.
Conclusion: The User Experience Upgrade
We chose to build Lambda Protocol on Monad because we believe privacy and social gifting shouldn't be luxury goods reserved for the rich. They should be everyday tools.
Monad provides the infrastructure, speed, low fees, and reliability, that makes this vision possible.
Ready to set up your wallet? Check out our next guide: Setting Up Your Monad Wallet.
