Monad founder Keone Hon emphasized in an interview with Fortune magazine that Monad is different from Ethereum in terms of its massive and complex technical stack. Its innovation lies in reconstructing the Ethereum blockchain while maintaining the execution capability of smart contracts. Furthermore, Monad aims to achieve faster transaction speeds, higher transaction volumes, and lower costs.
Paradigm Leads $225 Million Funding Round for New EVM Public Chain Monad, the Year's Largest Project Financing