🚀 MegaETH: The era of Ethereum's 'real-time blockchain' is officially here! ⚡️
The MegaETH team has officially launched the mainnet. This is not just another L2, but aims to dominate the market with a throughput of 100,000 TPS and near-instant transaction confirmations.
Core highlights of the release:
🔹 Extreme speed: On the testnet, the network has reached 20,000 TPS, with block processing times of only 10 milliseconds.
🔹 Ecological landscape: Over 50 applications are already running at the initial launch.
🔹 MEGA token economy: The MEGA tokens will not be fully unlocked at the mainnet launch; their release and use will be tied to the development stages of the blockchain.
🔹 Stablecoin USDm: A key economic element, all profits generated by this coin will be used for repurchasing and accumulating MEGA.
Unprecedented market frenzy:
The ICO in October showcased astonishing demand: the project ultimately raised $1.39 billion, with an oversubscription of 27 times! With a cap of $50 million, 11,534 wallets deposited $300 million.
Although the pre-deposit event in November experienced oversubscription due to issues with smart contract management (originally planned for $250 million, actually attracted $500 million), these technical hiccups seemed to have instead heightened market attention on this 'fastest L2'.
Can MegaETH maintain the benchmark of 100,000 TPS in actual operation? We shall see! 👇
