How it compares to other L1s?

Let's highlight the strengths of Monad and how it stacks up against other Layer-1 solutions like Ethereum, Sui, and Aptos. Monad vs. Ethereum

Ethereum is the leading smart contract platform with a vast ecosystem and a strong developer community. However, it faces scalability challenges, which it is addressing through upgrades like sharding. Despite these efforts, significant improvements in throughput are still in progress, and Ethereum often relies on Layer-2 solutions to enhance scalability. In contrast, Monad aims to provide a complete Layer-1 solution with high transaction speed and low gas fees, achieving up to 10,000 transactions per second (TPS) with one-second block times. Monad's EVM compatibility further facilitates the transition for developers from Ethereum, allowing them to leverage existing tools and libraries to build decentralized applications quickly and efficiently.

Monad vs. Sui and Aptos

Sui and Aptos are also high-performance Layer-1 blockchains that utilize parallel processing to enhance scalability. Both platforms employ custom programming languages and virtual machines, which can create barriers for developers familiar with the Ethereum ecosystem. Monad's EVM compatibility allows developers to transition seamlessly from Ethereum, tapping into a large pool of existing knowledge and resources. This compatibility is a significant advantage, as it can accelerate developer adoption and ecosystem growth compared to Sui and Aptos, which may require developers to learn new languages and frameworks.