In this article, learn about whether MegaETH can unlock new use cases for cryptocurrencies?

MegaETH: Real-time blockchain for millisecond block confirmation

MegaETH's innovation is its millisecond block confirmation speed, providing an on-chain experience similar to a Web2 server without sacrificing security. This is thanks to the breakthrough progress of its core development team, MegaLabs, in blockchain technology.

MegaETH's technical architecture

MegaETH's high performance is driven by its multi-layer node architecture and optimization strategy:

• Special Node System: MegaETH adopts four different types of nodes (sorter, replica node, complete node, and prover node) to divide the work and cooperate to achieve efficient block production and security guarantees. The sorter is responsible for quickly generating blocks, replica nodes receive transaction results, full nodes verify transactions, and proofreaders nodes process encryption proofs, thereby improving overall performance.

• Optimize block mechanism: The block production time of MegaETH is measured in milliseconds, and the transaction capacity of each block is dynamically adjusted according to the speed of the network node. Charge additional fees for frequent updates to network status to avoid slowing speed during peak periods. Combined with a two-step final approach, ensuring stable and efficient under high loads.

• Total performance improvement: MegaETH not only optimizes some of the functions of EVM, but also comprehensively transforms it. It delegates big data tasks to EigenDA and uses technologies such as parallel indexing to process tens of thousands of transactions per second. By coordinating various links, avoid data synchronization or transaction confirmation delays.

• Data Management Optimization: MegaETH stores key information in memory instead of slower disk storage, enabling fast data reading and writing. The sorter only sends change information after each batch of transactions, rather than a complete transaction history, reducing the workload of other nodes. Improved account balance and network information recording methods further avoid speed bottlenecks. Finally, 100,000 transactions per second are achieved and block time is maintained for several milliseconds.

Application cases based on MegaETH

MegaETH's high-speed performance offers possibilities for a new generation of applications:

• Euphoria: An application designed to revolutionize derivative trading. Lower the transaction threshold and improve the user experience through "click transactions" and a gamified user interface. Real-time price updates, instant payments and social interaction features, similar to social platforms such as TikTok.

MegaETH's technological innovation and application prospects make it a project worthy of attention. Its millisecond block confirmation speed and high throughput provide a solid foundation for building smoother and more efficient decentralized applications.

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