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Dragonfly led the investment, and V God participated in the investment! New public chain MegaETH receives US$20 million in financing
Dragonfly led the investment, and V God participated in the investment! New public chain MegaETH receives US$20 million in financing
1. Improving blockchain scalability
MegaETH, a new public chain project focused on solving blockchain scalability challenges, was recently announced Successfully obtained US$20 million in seed round financing.
2. Investor lineup
This round of financing was led by Dragonfly, with a valuation of at least US$100 million. Angel investors include Ethereum co-founder Vitalik Buterin.
3. Team background
MegaETH was developed by Mega Labs. Co-founder and Chief Commercial Officer Kong Shuyao served as Consensys consultant and former global business development director.
4. MegaETH Technology
MegaETH combines the security of Ethereum, Optimism’s fraud-proof system and its own optimized sequencer to enable instant transaction processing.
5. Key technologies
MegaETH adopts the following key technologies:
- Heterogeneous blockchain architecture
- "Super-optimized" EVM execution environment
6. Performance targets
MegaETH is committed to becoming the first A "real-time blockchain" that is fully compatible with Ethereum, with a target TPS of 100,000 transactions.
7. Timetable
MegaETH public testnet will be launched in early autumn, and the mainnet is expected to be launched by the end of the year.
8. Developer Program
MegaETH launches the Mega Mafia Developer Program, welcoming global developers to participate in building decentralized real-time applications.
The above is the detailed content of Dragonfly led the investment, and V God participated in the investment! New public chain MegaETH receives US$20 million in financing. For more information, please follow other related articles on the PHP Chinese website!
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