Introduction

The following is a research report that delves into Monad’s value proposition and unique selling points, presenting a compelling case for its position in the market. As a network, it bridges the EVM’s robustness and network effects with the scalability of parallel execution pioneered by chains like Solana, Sui, and Aptos among others.

The L1 and L2 space has quickly become crowded with new participants seeming to emerge each day. On the one hand, many L2s are entering the market, settling their transactions on Ethereum. On the other hand, there are integrated chains like Solana which don’t offload any functionality to a separate layer and optimize for high speed within a single environment.

Acknowledging the network effects and robustness of the EVM, as well as the scalability and performance enhancement of parallel transactions, Monad sits at the intersection of both paradigms. This approach aims to attract the vast community of the Ethereum community and EVM developers and empower them with high-speed and low transaction costs.

The essence of Monad lies in its strategic alignment with the EVM, offering full compatibility and seamless integration for existing Ethereum codebases while introducing the transformative concept of parallelizing the EVM. This approach addresses the critical market need for higher transaction throughput without compromising on the security and developer-friendly environment that Ethereum offers.