Epiphany

monad is the next bitcoin/ethereum/solana i do think like that from a technical perspective blockchains are multiple computers running a computer program that communicates with other computers on bitcoin this computer program accepts bitcoin transfers and that keeps things simple on @ethereum this computer program accepts ethereum transfers and calling blockchain programs (contracts) this allows you to complicate things, make calculations and save them but it is developed in a way that was good enough in 2014 to make a $18m ico there are a lot of serious criticisms about the design of ethereum, evm and the language solidity because it is such a naive implementation compared to its web2 counterparts this led to the creation of @solana, silicon valley engineers designed a novel blockchain without ethereum’s pitfalls but because it was too much work and they launched it early while it was still called beta, this computer program had a lot of bugs too they were not security critical bugs but some of them crashed the computer program, causing solana to stop on ethereum there are multiple implementations of that computer program so if one implementation has a bug, ethereum doesn’t stop, unless the same bug exists in other implementations too which is very unlikely to happen on solana to fix this, there are more implementations being developed such as firedancer(c) and sig(zig) solana implementations but they both are still in heavy development now let me talk about @monad_xyz ethereum, even though it has some good implementations like erigon and reth, is still far behind solana solana gets more stable and ethereum is pushing ethereum people to use centralized secondary networks this causes people who are not ethereum bag holders or heavily invested in ethereum ecosystem to go to solana but even though solana got way bigger since 2024 after ftx crash, way more users and many dapps, crypto is still mainly ethereum because it was the first chain to bring blockchain programs(contracts) to general crypto the majority of the industry is built on top of ethereum, all the tools, dapps and utilities so keone, james and eunice in 2022 decided to develop a new ethereum implementation they decided to to act like ethereum for all the dapps and tools, but inside it would be super optimized imagine u have a card deck, and u need to find a card based on the number and color if u look at each card one by one it would take 52 seconds in the worst case but if u split the deck into 4 smaller decks, sort them by numbers and use binary search then u just have to choose the small deck based on the color, start from the middle, split it and continue with one part and repeat with this approach it would take 4 seconds in the worst case and it is 13x faster than the first approach monad is this faster approach, with the same computers u can handle 1000 times more users it took them 3 years to build a stable enough implementation of monad but they didn’t instantly launch it, because if there are some bugs that can crash the computer, monad would stop like solana did so they are trying to find all the bugs and fix them during the recently launched testnet also monad labs seperated into two parts, monad foundation and @category_xyz labs keone and james wants monad to be an open standard like ethereum not tied to a labs, compared to solana, sui, bsc, etc. they want category labs to be one of the labs developing a monad implementation, along with other labs developing other implementations if monad was just used as an ethereum implementation, because other implementations are 1000 times slower, it wouldn’t change anything so keone and james decided not to favor ethereum bag holders, but started a new blockchain network without tech debt every dapp, wallet and tool on ethereum can also exist on monad without any efforts by their teams in a day and if u modify monad, u can make a million tps l2 easily thx