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Hasu Praises Monad: Why This L1 Blockchain is Impressing Crypto Insiders and Its Impact on Meme Tokens

Hasu Praises Monad: Why This L1 Blockchain is Impressing Crypto Insiders and Its Impact on Meme Tokens

In the ever-evolving world of blockchain, where new projects pop up like mushrooms after rain, it's rare to see one that stands out for doing things the hard way. That's exactly what caught the eye of Hasu, a prominent crypto strategist at Flashbots and Lido, in his recent tweet praising the Monad team.

Hasu kicks off by asking, "How can you be a Monad hater?" He then lays out three key reasons why he's impressed, even disclosing that he's an investor from a previous round. Let's break it down.

First, in an industry where most teams take shortcuts by forking existing code—like copying Ethereum or Solana—Monad is building an entirely new Layer-1 (L1) blockchain from scratch. L1 refers to the base layer of a blockchain network, handling core functions like consensus and execution. Monad's version is fully compatible with the Ethereum Virtual Machine (EVM), meaning it can run all the smart contracts and apps built for Ethereum, but with reimagined components for better performance. And the best part? It's all going to be open source, so other chains can borrow their innovations.

Second, Hasu highlights how Monad nails both tech and ecosystem building. Many projects excel in one but flop in the other. Monad's founders, Keone and Eunice, have been jet-setting globally, à la Ethereum's Vitalik Buterin, to foster partnerships and communities. This balanced approach is crucial for attracting developers and users.

Third, longevity and passion. Unlike fly-by-night operations chasing quick profits, the Monad team has been grinding for nearly four years without a token launch. Yet, their energy feels fresh, like it's still "day one."

This tweet sparked a lively discussion, with over 465 likes and 114 replies. Some folks echoed Hasu's enthusiasm, like Karma from the Monad team, who expressed pride in avoiding shortcuts.

But not everyone was on board. Critics pointed to Monad's massive VC backing. One reply from CoinMamba noted, "they literally got every VC on their cap table and I don’t want to be their exit liquidity." Exit liquidity refers to retail investors buying tokens at launch, allowing early investors to cash out at high valuations.

List of Monad's institutional investors including Electric Capital, Castle Island Ventures, and many others

The image shared in that reply lists a who's who of crypto VCs, from Electric Capital to Wintermute Ventures. Others grumbled about pre-market valuations hitting 20 billion or more, and concerns over delays and heavy marketing.

Hasu responded calmly, noting that four years of development needs funding somehow.

Now, why does this matter for meme tokens? At Meme Insider, we're all about the wild, community-driven side of crypto. Monad's promise of 10,000 transactions per second (TPS) with sub-second finality could be a game-changer. Current chains like Ethereum struggle with congestion during meme coin frenzies, driving up fees and slowing trades.

Imagine launching and trading memes on a chain that's as fast as centralized exchanges but fully decentralized. Projects like Nad.fun, a memecoin launchpad on Monad, are already testing this. GeckoTerminal shows active meme trading on Monad's testnet, with thousands of transactions daily.

A deep dive by Beosin explores Monad's emerging meme culture, blending tech prowess with viral fun.

Critics worry about tokenomics—with a reported 100 billion MON supply, dilution could be an issue. But if Monad delivers on performance, it might become a hotspot for the next wave of meme tokens, outpacing rivals like Solana.

Whether you're a builder, investor, or just here for the memes, Monad's story is one to watch. Hasu's tweet reminds us that in crypto, true innovation often comes from persistence, not hype. Check out the full thread on X and join the conversation.

What Makes Monad Stand Out Technically?

To geek out a bit: Monad uses a custom execution engine and consensus mechanism. Unlike Ethereum's single-threaded approach, Monad parallelizes tasks for massive throughput. It's EVM-compatible, so devs can port apps easily without rewriting code.

This could mean cheaper, faster meme launches—no more waiting minutes for confirmations during pumps.

Community Reactions and Future Outlook

Replies show a split: bulls love the tech, bears fear VC dumps. Eldar noted the $225M raise enables long-term work but might lead to "max extractable launch."

As Monad gears up for mainnet, keep an eye on their X account for updates. For meme hunters, testnet activity hints at explosive potential.

In the end, Hasu's praise underscores a key crypto truth: great teams build great things. Will Monad revolutionize memes? Time—and TPS—will tell.

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