Ethereum
DeFi

How MegaETH is Building A Highly Performant EVM L2

September 4, 2024, 7:45 PM
How MegaETH is Building A Highly Performant EVM L2
mins
Optimizing the EVM for High Performance on MegaETH and an introduction to the project

One of the core ideas that we shared in this podcast and throughout the NYC sessions was creating more optimizations for Ethereum L2s which currently don't exist today. It feels like we've settled in to the current standards of 2 second block times and a standard of TPS which has been normal.

MegaETH is trying to flip this model on its head. Centralized block production via a beefy sequencer, and decentralized block validation via inheriting Ethereum's security.

For those who’ve been in the DeFi for a while, it’s clear that performance and scalability have always been key challenges (remember DeFi Summer?). MegaETH steps into this conversation with a fresh perspective, focusing on maximizing Ethereum's potential rather than breaking away into becoming an L1.

"Make Ethereum Great Again" = MEGA.

We sat down with Namik, one of MegaETH’s co-founders, to get a better understanding of their architecture and strategy. From leveraging Ethereum’s security to scaling performance with 100,000 TPS and 1ms block times, they’re pushing boundaries without sacrificing decentralization...or are they?

What are the key tradeoffs with their design?

Is MegaETH thinking about becoming an L1?

Why has their barbell brand strategy been so successful thus far?

Testnet is coming very soon, and Namik was kind enough to share some alpha with us in this stream. MegaETH has stayed true to the ethos of building with Ethereum while aiming to bring in new users and use cases.

Hope you enjoy this fast paced conversation live from the heart of NYC.

The Rollup