monad
Fundamentally optimizing the EVM
Monad Labs is fundamentally optimizing the Ethereum Virtual Machine (EVM) so that decentralized apps reach everyday adoption. We are building Monad, a new EVM-equivalent layer-1 blockchain with foundational improvements to both consensus and execution that enable 10,000 transactions per second, i.e. 1 billion transactions per day.
Monad’s fundamental improvements enable exceptionally high throughput and low fees while preserving support for existing Ethereum smart contracts and infrastructure.
Core to Monad’s improvements are pipelined and asynchronous execution, which enable intelligent scheduling and parallel execution of transactions, and which greatly expand the computational budget by de-interleaving execution from consensus.
Monad also features an ultra-efficient consensus mechanism that is a variant of tendermint, as well as other optimizations that directly tackle existing bottlenecks in state machine replication.
It's still at a very early stage, but they're making big steps. You can earn points by building bridges, there are boos now.