3 days ago
What's the Deal with MegaETH? 🤔
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
5 days ago
Daily Memecoin Recap - July 1
Interesting day overall, influencers continue to hop on the crypto bandwagon
These influencer coins usually have an initial run-up, but unless the influencer does something unique to keep attention, the coin will die out
Gummy Team Launches A New Token
$baked -> hit $100m , hyped launch, same team as $gummy
Stevewilldoit Launch
$hero -> hit $82m ,
- Steve has been in crypto for years, he's very trusted by fans which explains why his coin reached so high
Sexyy Red Launches a Token
$presi -> hit $13m , "President Red"
- After several weeks of teasing, SexyyRed314_ drops the CA
Mike O'Hearn x Giga
$giga -> $42m to $150m (3.57x),
- Mike was teasing as if he would launch his own coin
- Instead of launching his own token like most of these influencers, he partnered with an already existing one
Influencer Launches
$mommy -> hit $1 .5m, NSFW
$bt -> hit $2m , BenTodar launch
Fake Influencer Launches
$sean -> hit $500k , SeanKingston says launch is in 24h (no official launch yet)
- Watch out for BhadBhabie & dohertyjackk, both aiming to launch a token
Yu-Gi-Oh Memes
$bwd -> hit $1 .99m, Blue-Eyes White Dragon, good team
$dmg -> hit $770k , Dark Magician Girl
Billy Makes A New ATH
$billy -> $53 .5m to $98m (1.83x)
New Spike Token Dominates The Old One
$spike -> $23 .55m to $47 .5m (2x), good team, rumors that it's the same team as the OG one which got exploited
New Matt Furie Memecoin
$doggs -> hit $19m , 95% bundled
- The dog that kills pepe Matt_Furie
Cat Memes
$loops -> hit $460k
$sleepy -> hit $400k
Roaring Kitty Discloses Owning 6.6% of Chewy
$chwy -> $320k to $10m (31x)
$chwy -> $700k to $8m (11.4x)
More Cooks
$walter -> $1 .53m to $5 .5m (3.59x), AB84 posted a pic of walter and said "dog of the day"
$steve -> $275k to $1 .9m (6.5x)
$sherif -> hit $10m , KOLs onboard, insanely good liquidity to market cap ratio
$glizzy -> hit $4m
$pungu -> hit $2 .7m
$garf -> hit $2 .2m, good website & art
Stay locked in, opportunities are everywhere
New month, new profits 🤝
Interesting day overall, influencers continue to hop on the crypto bandwagon
These influencer coins usually have an initial run-up, but unless the influencer does something unique to keep attention, the coin will die out
Gummy Team Launches A New Token
$baked -> hit $100m , hyped launch, same team as $gummy
Stevewilldoit Launch
$hero -> hit $82m ,
- Steve has been in crypto for years, he's very trusted by fans which explains why his coin reached so high
Sexyy Red Launches a Token
$presi -> hit $13m , "President Red"
- After several weeks of teasing, SexyyRed314_ drops the CA
Mike O'Hearn x Giga
$giga -> $42m to $150m (3.57x),
- Mike was teasing as if he would launch his own coin
- Instead of launching his own token like most of these influencers, he partnered with an already existing one
Influencer Launches
$mommy -> hit $1 .5m, NSFW
$bt -> hit $2m , BenTodar launch
Fake Influencer Launches
$sean -> hit $500k , SeanKingston says launch is in 24h (no official launch yet)
- Watch out for BhadBhabie & dohertyjackk, both aiming to launch a token
Yu-Gi-Oh Memes
$bwd -> hit $1 .99m, Blue-Eyes White Dragon, good team
$dmg -> hit $770k , Dark Magician Girl
Billy Makes A New ATH
$billy -> $53 .5m to $98m (1.83x)
New Spike Token Dominates The Old One
$spike -> $23 .55m to $47 .5m (2x), good team, rumors that it's the same team as the OG one which got exploited
New Matt Furie Memecoin
$doggs -> hit $19m , 95% bundled
- The dog that kills pepe Matt_Furie
Cat Memes
$loops -> hit $460k
$sleepy -> hit $400k
Roaring Kitty Discloses Owning 6.6% of Chewy
$chwy -> $320k to $10m (31x)
$chwy -> $700k to $8m (11.4x)
More Cooks
$walter -> $1 .53m to $5 .5m (3.59x), AB84 posted a pic of walter and said "dog of the day"
$steve -> $275k to $1 .9m (6.5x)
$sherif -> hit $10m , KOLs onboard, insanely good liquidity to market cap ratio
$glizzy -> hit $4m
$pungu -> hit $2 .7m
$garf -> hit $2 .2m, good website & art
Stay locked in, opportunities are everywhere
New month, new profits 🤝
18 days ago
Daily Memecoin Recap - June 18
Low volume day compared to yesterday
Still some good plays
Heavy Hitters
$billy -> $17 .33m to $64 .4m (3.71x), continues to get pushed by whales
$wolf -> $16m to $61m (3.81x), controlled supply by a good team = bullish
Dog meta on top
$holdy -> hit $4m , CTO
$jotchua -> hit $2 .7m
$henry -> hit $1 .7m, CTO
$booper -> hit $1 .7m, good team
$shibby -> hit $774k , CTO
$pawtus -> hit $593k ,
POTUS + dog meta, CTO
$bunny -> hit $590k , CTO
$honey -> hit $525k
$peep -> hit $512k
Martin Shkreli bets that $djt is really Trump's coin
- GCR offered to bet $100m
-
zachxbt is exposing $djt & insiders
-
MartinShkreli is exposed for being related to the $djt launch
Trump Rally
$maga -> hit $2m , "maganomics"
- Trump had a rally today, people were speculating on him to talk about $djt /crypto
Others
$diamond -> $256k to $1 .4m (5.47x), "diamond hands"
$chippy -> hit $7m , big KOLs supporting
$wig -> hit $2 .3m
$pvidia -> hit $724k , $pepe + $nvidia
One day market is hot, next day market is dead
Let's see what tomorrow brings🤝
Low volume day compared to yesterday
Still some good plays
Heavy Hitters
$billy -> $17 .33m to $64 .4m (3.71x), continues to get pushed by whales
$wolf -> $16m to $61m (3.81x), controlled supply by a good team = bullish
Dog meta on top
$holdy -> hit $4m , CTO
$jotchua -> hit $2 .7m
$henry -> hit $1 .7m, CTO
$booper -> hit $1 .7m, good team
$shibby -> hit $774k , CTO
$pawtus -> hit $593k ,
POTUS + dog meta, CTO
$bunny -> hit $590k , CTO
$honey -> hit $525k
$peep -> hit $512k
Martin Shkreli bets that $djt is really Trump's coin
- GCR offered to bet $100m
-
zachxbt is exposing $djt & insiders
-
MartinShkreli is exposed for being related to the $djt launch
Trump Rally
$maga -> hit $2m , "maganomics"
- Trump had a rally today, people were speculating on him to talk about $djt /crypto
Others
$diamond -> $256k to $1 .4m (5.47x), "diamond hands"
$chippy -> hit $7m , big KOLs supporting
$wig -> hit $2 .3m
$pvidia -> hit $724k , $pepe + $nvidia
One day market is hot, next day market is dead
Let's see what tomorrow brings🤝
2 months ago
Well the last project by 0xwinged went to 100mil with no utility…..you do the maths….
https://t.me/copycatsolana...
https://t.me/copycatsolana...
Telegram: Contact @copycatsolanacoin
the final cat. Strats Channel https://t.me/CopyCatTradingStrats Twitter twitter: https://x.com/copycatsolana
https://t.me/copycatsolanacoin
2 months ago
🚀 $CHENG - Honest Cat.
🔹 Fast-Growing Community: Over 1,700 members and counting. Already listed on CoinMarketCap and CoinGecko!
🔹 Active? Get rewarded daily with SOL! Starting at 1 SOL/day, and bumping to 2 SOL at 1 million market cap.
🔹 Leadership: Led by a veteran from Michi, our Dev pledges not even a small sale until we skyrocket to a 100M market cap—a potential x200 gain!
🔹 Honest People: Every Chengshi counts. Just like me, each one of us drives our community forward every day.
ca : BEsnQvkfeaQ3G8qbeN5FmUnsQUqXzXW5i83Hv3syoTTc
#NextTopSolanaMeme #meme #memecoin
🔹 Fast-Growing Community: Over 1,700 members and counting. Already listed on CoinMarketCap and CoinGecko!
🔹 Active? Get rewarded daily with SOL! Starting at 1 SOL/day, and bumping to 2 SOL at 1 million market cap.
🔹 Leadership: Led by a veteran from Michi, our Dev pledges not even a small sale until we skyrocket to a 100M market cap—a potential x200 gain!
🔹 Honest People: Every Chengshi counts. Just like me, each one of us drives our community forward every day.
ca : BEsnQvkfeaQ3G8qbeN5FmUnsQUqXzXW5i83Hv3syoTTc
#NextTopSolanaMeme #meme #memecoin
2 months ago
https://t.me/dukofficialpo...
Some community takeovers work, this is one of them. 100m is programmed.
Some community takeovers work, this is one of them. 100m is programmed.
Telegram: Contact @dukofficialportal
You can view and join @dukofficialportal right away.
https://t.me/dukofficialportal
2 months ago
🚀 $CHENG - Honest Cat.
🔹 Fast-Growing Community: Over 1,700 members and counting. Already listed on CoinMarketCap and CoinGecko!
🔹 Active? Get rewarded daily with SOL! Starting at 1 SOL/day, and bumping to 2 SOL at 1 million market cap.
🔹 Leadership: Led by a veteran from Michi, our Dev pledges not even a small sale until we skyrocket to a 100M market cap—a potential x200 gain!
🔹 Honest People: Every Chengshi counts. Just like me, each one of us drives our community forward every day.
ca : BEsnQvkfeaQ3G8qbeN5FmUnsQUqXzXW5i83Hv3syoTTc
🔹 Fast-Growing Community: Over 1,700 members and counting. Already listed on CoinMarketCap and CoinGecko!
🔹 Active? Get rewarded daily with SOL! Starting at 1 SOL/day, and bumping to 2 SOL at 1 million market cap.
🔹 Leadership: Led by a veteran from Michi, our Dev pledges not even a small sale until we skyrocket to a 100M market cap—a potential x200 gain!
🔹 Honest People: Every Chengshi counts. Just like me, each one of us drives our community forward every day.
ca : BEsnQvkfeaQ3G8qbeN5FmUnsQUqXzXW5i83Hv3syoTTc
2 months ago
This project just needs to be seen by people The fair value of this token is 100milion
.....and then 1bilion
....Break it while you can
$bull
@bullverse
.....and then 1bilion
....Break it while you can
$bull
@bullverse
2 months ago
(E)
The list (see pinned for more details):
$CHEEKS
Realistic expectation: 15x
Reasoning: the guy behind it appears to be quite committed and the chart has held up well so far. Pleasant, family-friendly graphics and reportedly NFTs on the way. Clearly aims to be quite huge in the future. If it succeeds, it could go very high (100M+, as it isn't NSFW/racist/political/etc.).
https://dexscreener.com/so...
$CHEEKS
Realistic expectation: 15x
Reasoning: the guy behind it appears to be quite committed and the chart has held up well so far. Pleasant, family-friendly graphics and reportedly NFTs on the way. Clearly aims to be quite huge in the future. If it succeeds, it could go very high (100M+, as it isn't NSFW/racist/political/etc.).
https://dexscreener.com/so...
2 months ago
AS PRESIDENT DONALD TRUMP I DECLARE THIS THE BEST SOCIAL MEDIA SITE EVER CREATED ... BULL VERSE TO 100M
