Gmonad Guys 💜
Today we are going to understand Monad and Blockchain Basics:
 A Guide for New Contributors 🧑‍💻 
If you're contributing to Monad but are unsure about the basic concepts, no worries! Here’s a breakdown of EVM, Layer 1, and how Monad is different. Let’s dive in! 👇

Monad • Web3 • Growth • UI UX Graphics and Branding 💜

What is Monad?
Monad is a Layer 1 (L1) blockchain that’s faster 🏎️, cheaper 💸, and more scalable than the EVM.
It can run Ethereum smart contracts but at a higher speed and lower cost! 🌟

⚡ Why Monad is Faster and Better for EVM?
1️⃣ Parallel Execution: Monad processes many transactions at once—faster than Ethereum’s sequential method!
2️⃣ Efficient Consensus: Fewer delays = faster finality.
3️⃣ Higher Throughput: More transactions per second = less congestion! 🚀

💸 Low Gas Fees with Monad
Gas fees on Ethereum can skyrocket 🚀, especially when the network is congested.
Monad offers lower gas fees 🪙, making it more cost-effective for developers and users! Say goodbye to expensive transactions!

Seamless Ethereum Compatibility
Monad offers a seamless flow 🧑‍💻!
It’s compatible with Ethereum smart contracts, meaning you can easily move your dApps to Monad without re-writing code, but with better performance and cheaper operations. 🥳

🔗 What’s Layer 1 (L1)?
Layer 1 is the main blockchain where everything happens, like Ethereum or Bitcoin.
It handles the protocol, transactions, and security 🔒.
Anything built on top of it (like Layer 2) helps scale it! 📈

⏩ Why Monad is Awesome for Developers
Build faster, cheaper, and more scalable dApps with Monad! 🚀
It’s easy to migrate from Ethereum and enjoy all the performance boosts like low gas fees 💸 and faster transactions ⚡.
@monad_dev

💬 Quick Recap

EVM: Runs smart contracts on Ethereum but can be slow and expensive.💀

Monad: A faster, cheaper, more scalable blockchain with lower gas fees 😊

Layer 1: The base layer where everything happens.⚡

Consensus Mechanisms: How nodes agree on the blockchain. ✅

🔗 Ready to Build with Monad?
Now you know the basics, it’s time to start contributing! 🚀
Let’s build the future of blockchain with Monad! 🌍 
@monad_xyz
@ethereum
#Monad #Blockchain

Bookmark it 📑 For Later Benefits

What is the EVM (Ethereum Virtual Machine)?
The EVM is the engine of Ethereum that runs smart contracts 💻. It processes transactions and code on Ethereum.
But… it can get slow and expensive when the network gets crowded. 😬