What is MegaETH?
MegaETH is a Layer 2 network on Ethereum designed to run faster, enabling real-time applications. It targets latency under 1 millisecond and processes over 100,000 transactions per second, making it the world's first "real-time blockchain."
This helps fix Ethereum's problems like high gas fees, delays, and limited throughput. MegaETH is fully compatible with the EVM, so developers can use existing tools and Solidity smart contracts without any changes.
The project was founded in early 2023 by MegaLabs, inspired by Vitalik Buterin's "Endgame" blog post on Ethereum scaling.
How does MegaETH work
MegaETH achieves its high performance through a specialized node architecture that assigns specific roles to optimize speed, scalability, and efficiency:
- Sequencer Nodes: A single main node orders and executes transactions, then publishes blocks, witnesses, and state changes to the network. This removes the need for consensus, allowing faster processing.
- Prover Nodes: These create zero-knowledge proofs separately to validate transactions without accessing the full blockchain state.
- Full Nodes: They re-execute transactions to verify blocks and maintain a complete copy of the state for reliable validation.
- Replica Nodes: Lightweight nodes that simply apply state changes from the sequencer without re-execution, making it easier for more people to participate with basic hardware.
Key Features of MegaETH
The system includes a built-in Data Availability (DA) layer to ensure all transaction data is always accessible, supporting synchronization and verification.
Key technical features include:
- Parallel execution with concurrency controls to make the most of multi-core processors.
- Streaming EVM execution for ongoing, low-latency processing.
- Write-optimized storage for quick data writes and efficient state syncing.
- EVM compatibility for seamless app transfers.
This setup lets MegaETH handle real-time apps like gaming, DeFi trading, or social platforms with almost instant confirmations, outperforming typical Layer 2s in speed and responsiveness.
MegaETH Information
MegaETH Token Key Metrics:
Here is the information of MegaETH token:
- Token Name: MegaETH
- Ticker: TBA
- Token Type: TBA
- Total Supply: TBA
- Contract address (CA): TBA
MegaETH Token Use Case
Currently, MegaETH has not announced any official use case of MegaETH token for the project. Whales Market will update immediately when the official MegaETH website announces.
MegaETH Listing
Here are important listing details:
- Listing time: TBA
- Confirmed CEX Listings: TBA
- Pre-market Price (Whales Market): TBA
MegaETH Tokenomics & Fundraising
Tokenomics
Currently, MegaETH has not announced any official tokenomics for the project. Whales Market will update immediately when the official Momentum website announces.
Fundraising
MegaETH has raised successfully a total of $30M through 2 funding rounds. Among them:
- $20M from the Seed round, led by Dragonfly, along with other investors such as Robot Ventures, Big Brain Holdings, Figment Capital, Vitalik Buterin, and Santiago R. Santos, etc.
- $10M from public sales to the community.
MegaETH Roadmap & Team
Roadmap
- Early Fall 2025: Wider public testnet for developer input and dApp launches.
- Q4 2025 - Mainnet Launch: Full rollout to users, exchanges, and partners, including token issuance.
- Post-Mainnet (2025+): Scale to over 100,000 TPS and sub-millisecond latency, decentralize the sequencer networ, enhance dev tools like SDKs and monitoring, run hackathons, add cross-chain support, grow the ecosystem with programs like MegaMafia 2.0.
Team
Here is core team of MegaETH:
- Shuyao Kong: Co-Founder and CBO.
- Lei Yang: Co-Founder and CTO.
- Yilong Li: Co-Founder and CEO.
Conclusion
Mega ETH shines as a promising Layer 2 for Ethereum, stretching performance limits to deliver Web2-like experiences in Crypto. Supported by Vitalik Buterin and a solid team, it's on track for mainnet in Q4 2025, potentially raising the bar for scalable dApps.
All in all, Mega ETH is a thrilling advancement in Ethereum scaling, worth keeping an eye on for developers and users looking for high-powered infrastructure.
FAQs
Q1: What is the native token of MegaETH?
There is no official information from the MegaETH team regarding tokenomics yet. Please follow the official MegaETH channels for future updates.
Q2: How does MegaETH work?
MegaETH uses a node system with a single sequencer for fast transaction handling, provers for ZK validation, full nodes for verification, and replica nodes for lightweight participation.
Q3: What is MegaETH?
MegaETH is a high-performance Ethereum Layer 2 blockchain for real-time apps, offering sub-millisecond latency and over 100,000 TPS. It fixes Ethereum's scalability issues like high fees and delays
Q4: How much has MegaETH raised?
According to CryptoRank , MegaETH has raised a total of $30M across 2 funding round & Public Sale, Seed led by Dragonfly.
Q5: When will MegaETH launch its mainnet?
Targeted for Q4 2025, potentially October or mid-November.
Q6: What is MegaETH token pre-market price?
Currently, MegaETH token is listing upcoming on Whales Market. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, with over $300 million in volume, no middlemen, trustless and on-chain.
Q7: What is the price of MegaETH token today?
While MegaETH hasn't been listed yet, users can trade MegaETH token pre-market on Whales Market before the TGE. Here you can trade MegaETH token before the asset gets listed on leading CEXes like Binance, Bybit or OKX.