#cplusplus
Monad is a fast, scalable Layer 1 blockchain fully compatible with Ethereum's EVM, allowing you to run Ethereum smart contracts without changes. It improves speed by separating consensus (agreement on transaction order) from execution (processing transactions), enabling parallel transaction execution and reaching 10,000 transactions per second with 1-second finality. Monad uses a custom EVM and a special database (MonadDb) optimized for parallel state access, reducing delays. This means you get much faster, cheaper transactions while keeping Ethereum compatibility, making it easier for developers and users to adopt and benefit from high performance and scalability.
https://github.com/category-labs/monad
⚠️ A whale who supplied 56,995 $WETH ($90.8M) to borrow $DAI on #Maker is on the verge of liquidation, with a liquidation price of $1,564.58.
Earlier today, another giant whale was already liquidated for 67,569 $ETH ($106M) at $1,650 to repay a $74.49M loan as the price plunged!
In the past 24 hours, $898M, mostly from long positions, was liquidated from the cryptocurrency market.
Follow @spotonchain for more insights at https://x.com/spotonchain/status/1909075294834848057