TLDR Crypto · MISCELLANEOUS

MONAD VS. “JUST ANOTHER L1” – KEONE RESPONDS TO HAYES

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Summary from the TLDR Crypto newsletter

Monad is meaningfully different from other L1s as it has sub-2s finality with ~170 global validators, a from-scratch C++/Rust codebase, and new consensus and execution designs. It aims to prove that high throughput and decentralization are compatible. Furthermore, MON's Coinbase sale was structured to favor broad distribution over whales.