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Exploring Parallelization In EVM Blockchains | by MonadWhisper | Sep, 2024 | Medium

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This article explains Sei v2, MegaETH, and Monad’s approaches to achieve parallel execution and high throughput. Ethereum is regarded as the base for most technological innovations within the blockchain space, but in itself, it remains insufficient to scale the industry. The EVM was designed as a single-threaded chain which limits its ability to take on many transactions — sequential mode. This slow way of processing transactions causes transactions to pile up, resulting in network congestion. To bypass the traffic, users customize their gas fee by increasing it so that validators, who don’t mind more profit, can include their transactions in the next block to quicken the process. A solution to these bottlenecks conceived the idea of layer 2 blockchains. Layer 2 networks are built as execution layers for the base layer. Layer 2 chains (rollups) process transactions off the main EVM chain (Ethereum), summarize them into batches, and submit them to the main chain. This solves the problem

Exploring Parallelization In EVM Blockchains MonadWhisper 11 min read · Sep 16, 2024 -- Listen Share This article explains Sei v2, MegaETH, and Monad’s approaches to achieve parallel execution and high throughput. Press enter or click to view image in full size TLDR ; Over 85% of blockchain applications are EVM-based, leading to developers constantly looking for ways to scale the EVM to accommodate the number of users interacting with these dApps. While some blockchains like Solana, Sui, etc have taken the non-EVM route to the building achieving good performance; others like Monad, Sei v2, and

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