Reported by The Block: Monad’s public testnet is scheduled for launch on Feb. 19.
It will serve as a testing platform for developers and users ahead of the mainnet launch.
High-performance EVM blockchain Monad said its public testnet would be rolled out on Feb. 19, a critical milestone for the project’s development.
The testnet has been in development for two years and serves as a testing environment for developers and users to experiment with the platform’s features before the mainnet launch.
This follows the rollout of a closed testnet in late 2024. Plans for a tentative mainnet launch are expected later in 2025.
Monad aims to function as a high-throughput network, claiming to support 10,000 transactions per second and 1-second block times. It leverages technologies like parallel execution and features a custom database called MonadDb.
It's also fully compatible with Ethereum Virtual Machine (EVM) bytecode, making it easier for developers familiar with Ethereum to transition their applications.
Monad Labs, the developer behind the blockchain, was co-founded by former Jump Trading developers. It has raised $225 million in funding in a round led by Paradigm.
Ethereum