News list for " compatibility zone"
EVM Compatible Blockchain Cronos has completed the v1.4.0 Pallene upgrade, which increases transaction execution speed by 600x. This upgrade enables parallel transaction processing within a single block by introducing Block-STM technology, enabling the virtual machine to process up to 60,000 transactions per second (TPS). In addition, Pallene also introduces optimistic execution through Cosmos SDK 0.50 to optimize block processing and network responsiveness, and upgrades the Cross-Chain Communic...
On November 18, according to The Block, EVM-compliant blockchain network Monad has begun rolling out its testnet in phases.
On August 23rd, the EVM-compatible blockchain network Monad and dappOS reached a cooperation to introduce the dappOS intent execution network into the Monad ecosystem, providing core use cases such as application intent interaction, assets, and transactions to ecological applications and users, with the aim of attracting more users and dApps to migrate to the Monad ecosystem.
EVM-compatible blockchain network Monad has announced that it is about to launch a testnet and will enter into a partnership with Backpack on the first day of the testnet launch. Previously reported that in February 2023, Monad Labs completed a $19 million seed round of financing, led by Dragonfly Capital. In April 2024, Monad Labs completed a $225 million financing, led by Paradigm.
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