What's MegaETH?
gm Bankless Nation, it's been a brutal month for L2 tokens, but investors are still betting on the sector as the future of blockchain scaling.
Sponsor: Kraken — Sign up for an account and see what crypto can be.
📸 Daily Market Snapshot: A number of top altcoins took major haircuts as the market went red after days of more muted price action. ENS dropped 17%. FTM fell 15%. LDO took a 10% haircut. But most concerning to traders was BTC's drop below $60K.
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per second (TPS), just announced that it has received $20M in seed funding at a $100M+ valuation!
Subscribe for free to continue reading
- Support the Bankless Movement
- Access to thousands of articles
- Complete archive of Bankless episodes
- Embark on free quests in Airdrop Hunter
- Daily alpha in your inbox
Already subscribed? Sign in
Bankless
It’s time to break up with your bank, and join the movement for a better world.
