WHAT'S THE DEAL WITH MEGAETH?

Summary from the TLDR Crypto newsletter

MegaETH is an L2 with sub-second latency and 100k TPS. It recently had angel participation from Vitalik Buterin. MegaETH separates transaction processing into three node types - sequencers, provers, and full nodes - that centralize block building but retain trustless verification. It also stores its state in the sequencer memory and optimizes its compiler to improve efficiency.