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What is Monad?

Monad is an Ethereum-compatible Layer 1 blockchain engineered for high performance and scalability without compromising decentralization. Backed by a $225M raise led by Paradigm (with support from DragonFly, Shima, and Electric Capital), Monad introduces parallel execution and superscalar pipelining to achieve 10,000 TPS and 1-second block times. Its architecture supports consumer-grade node operation, enhancing network accessibility and decentralization.