MegaETH co-founder Shu Yao: Creating the first real-time block network to unlock new scenarios for on-chain consumer applications

ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, Layer2 infrastructure MegaETH co-founder Shu Yao shared a keynote speech titled "MegaETH: Building the First Real-Time Blockchain Network."

Since 2020, the two main scalability roadmaps advocated by Ethereum founder Vitalik Buterin, OP Rollup and ZK Rollup, have seen innovations occurring at the consensus layer. Although both have their advantages, they have not resolved performance issues, primarily due to the lack of consensus on sequencer validation. MegaETH aims to address these problems.

Shu Yao stated that MegaETH is building a Layer2 solution that integrates ultra-high throughput, extremely low latency, and EVM compatibility, aiming to accelerate Ethereum's journey towards the ultimate form of scalability.

Shu Yao mentioned that the MegaETH network can process up to 100,000 transactions per second (TPS) with sub-millisecond ultra-low latency, aiming to create the first real-time block network.

She explained that the ultra-low latency of the block network means that all applications can run in real-time, which is extremely important for consumer applications. The extremely low latency will unlock previously unimaginable consumer applications.

For more content from the conference, please check the following links:

Video live stream link:

https://www.youtube.com/live/tTVcUPumPys

Image live stream link:

https://www.pailixiang.com/album_ia7637038926.html