News

Jinse Finance reported that the founder of Monad publicly responded to Arthur Hayes' recent comments about the project: "Over the past few days, I have noticed that you have commented on Monad multiple times. While I am sure that some of these remarks may have been taken out of context, I think you might be interested in learning what makes Monad unique and why it is not just another Layer 1. Monad is a high-performance decentralized blockchain built from scratch on an entirely new technology stack. The team pointed out that Monad's mainnet has only been live for 6 days, already has 170 globally distributed validators, and achieves a fast 1–2 second settlement experience while maintaining a high degree of decentralization and credible neutrality. Core innovations include: the MonadBFT consensus mechanism, which solves the tail fork issue in pipelined consensus; asynchronous execution that allows consensus and execution to proceed in parallel; EVM JIT compilation to native code, a new database MonadDb, a new block propagation mechanism RaptorCast, as well as a parallel execution architecture. The team emphasized that all code is open source and that ongoing research will continue in areas such as gas pricing, privacy, and asynchronous execution. In addition, MON is the first token issued on a certain exchange's Token Sales platform, using a 'bottom-up fill' method to prevent whale monopolization. The team welcomes more users to experience the network."

Jinse Finance reported that today's Fear and Greed Index remains at 28 (the same as yesterday), indicating a state of fear. Note: The Fear and Greed Index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's dominance in the overall market (10%) + Google trend analysis (10%).